USDA announces additional RAPP funding to expand and diversify export markets

August 9, 2024 - The US Department of Agriculture will make an additional $300 million available through the Regional Agricultural Promotion Program (RAPP) to help grow export markets for American farm and food products around the world, Deputy Agriculture Secretary Xochitl Torres Small announced today.

"Access to international markets supports US farmers at home and food security throughout the world," said Deputy Secretary Torres Small. "USDA launched RAPP last year as part of the Biden-Harris Administation's commitment to create more, new and better markets for US producers and agribusinesses, and we've seen tremendous interest, culminating in more than a billion dollars in proposals for the first $300 million round of RAPP funding earlier this year. Given the importance of exports in supporting farm income and rural economic development, we're delighted to be able to make an additional $300 million available this year."

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Secretary Vilsack announced in October 2023 that USDA would use $1.2 billion from the Commodity Credit Corporation to establish RAPP to help US exporters expand their customer base beyond established markets such as China, Mexico and Canada, which collectively account for nearly half of all current export sales. In May, USDA allocated the first $300 million in RAPP funding to 66 US organisations to implement hundreds of market development projects focusing on a wide range of products and markets.

USDA published a Notice of Funding Opportunity on Grants.gov and interested organisations must apply by October 4. USDA anticipates that allocations will be announced before the end of the calendar year. As with the first round of RAPP funding, USDA is again setting aside $25 million specifically for activities in Africa, which has some of the fastest-growing economies - but the lowest levels of US export market investment - of any region in the world.

For more information, visit HERE.

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