Commerce Department Awards $1.9 Million to Stimulate Exports, Create Jobs

Commerce Department Awards $1.9 Million to Stimulate Exports, Create Jobs

The following press release was published by the U.S. Department of Commerce on Sept. 20, 2011. It is reproduced in full below.

Acting U.S. Commerce Secretary Rebecca Blank today announced $1.9 million in financial assistance to support projects that increase U.S. exports, create jobs and strengthen American global competitiveness. The funds will be awarded to five non-profit industry organizations and are expected to generate $1.96 billion in U.S. exports in the next three years, ranging from attracting foreign students and tourists to promoting clean truck technology and medical technology exports.

The five recipients of the 2011 Market Development Cooperator Program awards are: Since MDCP's inception in 1993, the program has issued 112 awards. In an average year, MDCP projects generate $229 million in U.S. exports. For more information about the Market Development Cooperator Program, please visit trade.gov/mdcp.

Source: U.S. Department of Commerce

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