Sec. 4225. ADDITIONAL FUNDING FOR THE MARKET DEVELOPMENT COOPERATOR PROGRAM OF THE DEPARTMENT OF COMMERCE

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## SEC. 4225 ADDITIONAL FUNDING FOR THE MARKET DEVELOPMENT COOPERATOR PROGRAM OF THE DEPARTMENT OF COMMERCE ###

(a)In General There are authorized to be appropriated to the Secretary of Commerce for the period beginning on the date of the enactment of this Act and ending 18 months thereafter, $15,000,000 for the Manufacturing and Services unit of the International Trade Administration— ####

(1)to establish public-private partnerships under the Market Development Cooperator Program of the International Trade Administration; and ####

(2)to underwrite a portion of the start-up costs for new projects carried out under that Program to strengthen the competitiveness and market share of United States industry, not to exceed, for each such project, the lesser of— #####

(A)⅓ of the total start-up costs for the project; or #####

(B)$500,000. ###

(b)Requirements In obligating and expending the funds authorized to be appropriated by subsection (a), the Secretary of Commerce shall give preference to activities that— ####

(1)assist small- and medium-sized businesses in the United States; and ####

(2)the Secretary determines will create or sustain the greatest number of jobs in the United States and obtain the maximum return on investment.