ASMI Awarded $8.5M International Marketing Grant
A $8.5 million federal grant announced in mid-December is earmarked by the Alaska Seafood Marketing Institute to increase its international marketing efforts over the next five years.
The funds come from the U.S. Department of Agriculture Foreign Agricultural Service Regional Agricultural Program (RAPP).
“We were pleasantly surprised,” ASMI Executive Director Jeremy Woodrow said.
He announced receipt of the grant, which is specifically designed for marketing and trade efforts, on Dec. 19.
Woodrow said the timing of the new federal funds is well-aligned with the Alaska seafood industry's needs to combat numerous global economic pressures.
“While these funds will help ASMI grow our international efforts, they will also allow ASMI to direct additional state funds toward the...