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Highlights of MDCP's Impact
Several indices of MDCP success and activity are summarized below.
Period | Measurement | Impact | Index |
|
1997-2018 | Jobs created | On average | Each year, by MDCP exports [a]: | 17,356 |
Award $ | To create one U.S. job [b]: | $90 |
||
Exports generated | Per year: | $565 m | ||
Over one multi-year project: | $103 m | |||
Per $1 of MDCP award: | $358 | |||
In total by all MDCP projects: | $12.4 b | |||
2018 | In the most recent fiscal year with complete reporting: | $200 m | ||
2013 | Record high for any fiscal year: | $2.6 b | ||
2018 | Firms reporting | One or more export transactions during the year [c]: | 178 | |
2019 | Trade barrier | Removal is a goal of five of 12 active projects, or: | 42% | |
2018 | ITA metrics |
WINs (written impact narratives) generated by active MDCP projects [d]: | 101 | |
2019 | ITA staff engaged in direct support of active MDCP project work [e]: | 219 | ||
1993-2018 | Projects self-sustain | Average total MDCP project cost borne by cooperator [f]: | 73% | |
Of 31 projects that started a "foothold" abroad, 25 endure today, or: | 81% | |||
1997-2019 | Multi-year projects | Supported by ITA per fiscal year: | avg: 18 | |
[g] 2019 | 15 | |||
1993 | Enduring engagement: | Total value of the six awards made in MDCP's first year: | $2.2 m | |
2016 | Last year of activity for projects funded from most recent (2016) competition [h]: | 2022 | ||
1993-2016 | Awards made | Total cooperative agreements (awards) [i] made: | 146 | |
Total value of MDCP awards made: | $40 m | |||
1993-2018 | Innovation & risk | Competitive award process. Ratio of proposals selected to submitted: | 1/6 | |
ITA oversight minimizes spending on unproductive projects. Percent of the total award funds spent for projects not completed [j]: | 1% |
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[a] ((A*B)/C)*D. A=Average exports per year. B=Two (2) accounts for the observation by cooperators that only about half of exports generated by MDCP project activity get reported. C=On average, $180,000 in exports directly creates or sustains one U.S. job. D=Based on Bureau of Labor Statistics employment requirements tables, 2.7665 jobs throughout the entire U.S. supply chain are generated by every job directly created or sustained by exports.
[b] $34,219,606 in MDCP awards / 381,830 jobs generated = $89.62
[c] Excludes scores of other firms whose exports were reported on a combined basis and not broken out by firm.
[d] ITA's Industry & Analysis and Global Markets units are improving coordination to capture more MDCP-reported exports as WINs.
[e] Includes 15 ITA-MDCP project team leaders, most are Industry & Analysis staff.
[f] MDCP program guidelines stipulate that no more than 1/3 of total project cost can come from the MDCP award. In practice, many cooperators pay more than the 67% minimum of the total project cost. Hence the actual average cooperator share of 73%.
[g] Fifteen projects were active at the beginning of fiscal 2019. Three of these were completed by March 31, 2019 leaving 12 active projects since that date.
[h] Projects may last up to six years.
[i] MDCP financial assistance awards are not grants but rather cooperative agreements. They entail "substantial involvement" by ITA to help the cooperator achieve project objectives.
[j] Of 146 awards totaling $40 m made since 1993, ITA terminated seven (7) awards totaling $2 m well before the project end date and returned $1.5 m to the U.S. Treasury. Percent of award funds spent for uncompleted projects = $0.5 m / $40 m = 1.25%.
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