Smart Card Alliance Receives Grant from Commerce Department

Friday 22 October 2004 00:02 CET | News

The U.S. Department of Commerces International Trade Administration (ITA) awarded $288,000 to the Smart Card Alliance (SCA).

SCA plans to increase awareness in Latin American markets about the benefits of smart card technology. The ultimate aim is to connect potential business partners and facilitators. The project includes adding Latin American focus days to an annual conference in Miami, establishing an SCA Latin America chapter, linking U.S. smart card firms with government and Latin American business representatives, launching a new SCA Latin America conference, and establishing an exposition in Mexico. The funds awarded to SCA are made available through the Commerce Departments 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 program of the Commerce Departments ITA. The program builds partnerships by providing financial and technical assistance to non-profit organizations involved in improving competitiveness and developing foreign markets. SCA will match every federal dollar with two dollars of its own.

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Categories: Payments & Commerce | Cards
Countries: World
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