94-25090. Consortia of American Businesses in the Newly Independent States Announcement of Availability of Funds

[Federal Register Volume 59, Number 195 (Tuesday, October 11, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-25090]


[[Page Unknown]]

[Federal Register: October 11, 1994]


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DEPARTMENT OF COMMERCE

International Trade Administration

 

Consortia of American Businesses in the Newly Independent States 
Announcement of Availability of Funds

AGENCY: International Trade Administration, Commerce.

ACTION: Notice.

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SUMMARY: On May 24, 1994, 59 FR Part VI, the Department announced the 
availability of federal grant funds under the CABNIS program and its 
intention to select non-profit organizations to participate as grantees 
under the program. The Department of Commerce has selected three 
additional applicants to receive federal funding under the Consortia of 
American Businesses in the Newly Independent States (CABNIS) 
initiative. Each of the three selected applicants is a non-profit 
consortium created to help for-profit U.S. member companies do business 
and enhance private sector development in the independent states formed 
since the breakup of the Soviet Union. The grantees will be required to 
match federal funding. The grantees will use CABNIS seed money over a 
three year period to form and nurture U.S. business consortia of for-
profit firms interested in doing business in the Newly Independent 
States, and establish and operate consortia offices in the region. The 
three new grantees are the American Agribusiness Equipment Consortium, 
Alexandria, VA; Partners In Economic Reform, Washington, DC; and 
Virginia Commonwealth University, Richmond, VA.

FOR FURTHER INFORMATION CONTACT: W. Dawn Busby, Director, Office of 
Export Trading Company Affairs, Trade Development, U.S. Department of 
Commerce, Tel. [phone]. This is not a toll-free number.

    Dated: October 4, 1994.
W. Dawn Busby,
Director, Office of Export Trading Company Affairs.
[FR Doc. 94-25090 Filed 10-7-94; 8:45 am]
BILLING CODE 3510-DR-P