[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1486]

[Page 748-749]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1486_EMERGING MARKETS PROGRAM--Table of Contents
 
            Subpart B_Eligibility, Applications, and Funding
 
Sec.  1486.210  Are there any limits on the funding of proposals?

    (a) The EMP is a relatively small program intended primarily to 
promote access to qualified emerging markets. Its funds are intended for 
focused

[[Page 749]]

projects with specific activities, rather than expansive concept papers 
which contain only broad ideas. Large, overly expensive projects (e.g., 
in excess of approximately $500,000) are rarely appropriate for the 
program.
    (b) CCC will not reimburse 100 percent of the cost of any project 
undertaken by the private sector. The program is intended to provide 
appropriate assistance to projects which also have a significant amount 
of financial contributions from other sources, especially U.S. private 
industry.
    (c) Funding for continuing and substantially similar projects is 
generally limited to 3 years. After that time, the project is assumed to 
have proven its viability and, if necessary, should be continued by the 
Recipient with its own or with alternative sources of funding.