(Washington, D.C.) – The U.S. Department of Agriculture’s (USDA) announced the Notice of Funding Opportunity for the first tranche of funding under the new Regional Agricultural Promotion Program (RAPP). USDA will be providing up to $300 million in funding in its first year to support eligible projects that enable exporters to break into new markets and increase market share in growth markets.
RAPP funds are available to non-profit U.S. agricultural trade organizations, non-profit State Regional Trade Groups (SRTGs), U.S. agricultural cooperatives, and state agencies that conduct approved market development activities to foster expanded exports and market diversification by encouraging the development, maintenance, and expansion of diverse commercial export markets for U.S. agricultural commodities and products.
