ABSPII is funded by the United States Agency for International Development (USAID).

As explained on its website “USAID has recently expanded its support for biotechnology, reflecting the increasing demand in developing countries to be part of this new scientific revolution and to build their capacity to ensure the safe application of biotechnology. The Agency’s Collaborative Agricultural Biotechnology Initiative (CABIO) provides a comprehensive strategy for technology development, management, and decision-making through a variety of programs. CABIO links investments at the national, regional and global levels. These collaborative programs engage the expertise of U.S. and developing country universities, the private sector, non-governmental organizations, the Consultative Group on International Agricultural Research (CGIAR), and other international institutions.”