Department of Commerce Market Development Cooperator Program
May 30, 2002
The Commerce Department will now permit non-profit local
development agencies, small business development centers, and trade associations
to apply for Market Development Cooperator Program (MDCP) awards. MDCP is a
competitive matching grant program designed to help small and medium- sized
businesses promote U.S. products abroad. Awards are limited to $400,000 each,
which may last up to three years. Award winners are required to match federal
funds two to one. In addition to receiving funds, recipients also receive
professional support from Department of Commerce trade experts, including
customized briefings on markets and industries, assistance in organizing trade
missions, facilitating private meetings with prescreened contacts in other
countries, and organizing debriefings to determine appropriate follow-up
strategies. The deadline to apply for the grant is July 1, 2002. Interested
organizations can obtain information by calling 202-482-2969 or visiting
www.export.gov/mdcp.