For Immediate Release
Contact: Jim Dyke, Curt Cultice, 202-482-4883/3809
October 19, 2001
Commerce Department Makes
Promote New Technology to European Markets
Alameda Center for Environmental Technology (ACET)
U.S. Commerce Secretary Donald Evans today announced
a $399,902 financial assistance award to Alameda Center for Environmental
Technology (ACET). The Alameda-based organization is an incubator
for high-technology environmental and bio-technology companies.
ACET will help export-ready technology firms with viable products
enter European Union markets where demand is high for next-generation
technologies. ACET and its European partner will help U.S. firms
with detailed market research, scouting missions, export training,
regulatory processes, and strategic partner identification.
The funds are made available through the Commerce Department's
Market Development Cooperator Program (MDCP), a public-private partnership
developed to help small- and medium-sized U.S. firms expand exports
that support jobs. The MDCP is a competitive matching grants program
that builds partnerships by providing federal assistance to non-profit
organizations involved in export promotion.
"The Cooperator program enables American businesses to take the
risks necessary to innovate, and to pursue profitable export markets,"
Evans said. "Now, more than ever, we must be diligent in our efforts
to expand trade and economic opportunity for America and around
In his announcement, Secretary Evans identified six other organizations
from across the country that will also receive MDCP awards. The
seven awards, which total $2.3 million, will go to the non-profit
organizations listed below:
- World Trade Center Association, Los Angeles-Long Beach, Long
- The Montana World Trade Center at The University of Montana,
- Alameda Center for Environmental Technology, Alameda, Calif.
- National Association of Credit Management, Inc., Columbia, Md.
- Intelligent Transportation Society of America, Washington, D.C.
- Evergreen Building Products Association, Tacoma, Wash.
- Association for Manufacturing Technology, McLean, Va.
These organizations will dedicate an additional $5.3 million dollars
for export promotion to the $2.3 million in awards by the Commerce
Since 1993, the Commerce Department has made 61 MDCP awards totalling
When all projects funded to date have been completed, the private/public
partnership to develop foreign markets will have totaled $67 million.
Organizations interested in the MDCP can obtain additional information
by calling Brad Hess at the Commerce Department: tel. (202) 482-2969,
or by visiting the MDCP web site at www.export.gov/mdcp.