FundMatch
FundMatch offers a 50% cost reimbursement for international marketing activities of food and agricultural suppliers in the western U.S., with an annual cap of $300,000. This program is designed to assist companies in entering new markets and expanding their existing market share.
Program Process
- Application Period: Applications open on August 1st for the following year's cycle (January 1st - December 31st).
- Engagement: Work with an assigned Engagement Executive to ensure compliance with program requirements.
- Marketing Activities: Conduct approved marketing activities.
- Reimbursement: Submit claims after each activity for reimbursement.
Funding Details:
First Year:
- New exporters: Up to $25,000
- Experienced exporters: Up to $50,000
Subsequent Years:
- Up to $300,000
Minimum Marketing Budget: required: $5,000 (for $2,500 reimbursement)
Eligible Activities
- Advertising
- Trade shows
- Global Connect events.
- Marketing plans can be customized for specific country goals.
Fees
- Application fee: $300 ($350 after January 1st)
- Administration fee: 6% of allocation amount
Eligibility Requirements:
- Your company must be headquartered in the WUSATA region
- Qualify as a small business under SBA standards
- Products must contain at least 50% US agriculture content.
Steps to Apply:
- Create Your Profile: Create a MyWUSATA profile with company and product information.
- Prepare Documents: Upload product labels, origin calculations, exclusivity certificates, marketing plans, and certification statements.
- Submit Application: Once approved, access FundMatch through your MyWUSATA account. Pay the application fee: $300 before January 1st, or $350 after.
- Contract & Payment: After the FundMatch Manager reviews your application, sign the contract and pay the 6% administration fee.