November 15, 2011 - USMEF
16-Nov-2011 (14 years 6 months 23 days ago)
While brand names are of increasing importance to global consumers looking for quality and consistency, small companies often have an uphill battle promoting their brand names to international buyers. The USDA’s Branded Products Promotion Program – the red meat portion of which is administered through the U.S. Meat Export Federation (USMEF) – has had success in helping small companies gain entry and establish the identity of their branded products in international markets.
Companies participating in the USMEF Branded Products Promotion Program use their own money, leveraged with matching funds from the program, to develop export markets for their U.S. red meat exports. The 16 companies that participated in the 2010 program exported pork and beef to markets that included Mexico, Japan and Europe, and reported estimated sales valued at $8.6 million (final figures for 2011 are not yet available.) In doing so, the companies exceeded their 2009 sales by 64 percent despite a tough economic climate. Participation in the program is limited to small companies as defined by the Small Business Administration, i.e., eligible companies with 500 or fewer employees, and to producer cooperatives and associations.
Funds from this program can help companies conduct a variety of activities in international markets, including:
USMEF is now accepting applications for its FY12 fiscal year from qualified U.S. companies interested in receiving matching funds to promote their branded U.S. red meat products in international markets.
The branded program is a small part of the larger coordinated USMEF effort that includes generic funding from USDA’s Market Access and Foreign Market Development programs, private industry funds and funding from the beef, pork, corn and soybean checkoffs to promote international sales of U.S. red meat.
Companies interested in the program should contact Tracey Zarlengo at the USMEF Denver office — (303) 623-6328 — or by email at tzarlengo@usmef.org for guidelines and proposal format. The application and information on the program also are available on the USMEF website.