The CanExport Program provides financial support to small and medium-sized businesses in Canada seeking to develop new export opportunities, specifically in high growth priority markets and sectors.
Brief Overview of the CanExport Program:
The CanExport SME program is a funding program created to support Canadian businesses seeking to develop new export opportunities in international markets where they currently have little or no sales.
Amount of funding: Up to 50% funding to a maximum $75,000 grant per project
The business must:
Begin by selecting a minimum of five international markets where your company aims to secure new customers or make sales.
Next, confirm that each chosen market meets the CanExport definition of a new, eligible target market. (A market is eligible if, during the last tax reporting year, the company made less than $100,000 in sales or less than 10% of the company’s total sales.)
Then, for each market, set realistic goals and objectives, and create a detailed plan of action.
Subsequently, select from the seven categories of activities to help achieve your objectives for each market.
After that, provide a detailed and specific budget outlining the anticipated expenses.
Finally, create a realistic timeframe for conducting your planned activities.
For additional information on CanExport SMEs, click here.
A decision shall be made within 60 business days following the submission of a completed application.
Generally within 6 weeks of submitting the completion report, and copies of invoices/receipts.
The CanExport Innovation program is designed to aid Canadian SMEs and academic institutions develop R&D collaborations through partnerships in foreign markets.
Amount of funding: Up to 75% of funding to a maximum of $75,000 per project
Eligible Canadian organizations include:
Academic institutions
Small and medium-sized enterprises (SMEs)
Non-government research centres
The organizations above must:
For additional information on CanExport Innovation, click here.
A decision shall be made within 60 business days following the submission of a completed application.
The CanExport Associations stream allocates funds for National Industry Associations and Trade Organizations. The stream is designed to improve Canada’s reach in priority markets and sectors; they do so by covering a portion of eligible sales and marketing activities.
Amount of funding: Up to 50% funding to a maximum of $400,000 per project
The organizations above must:
For additional information on CanExport Associations, click here.
A decision shall be made within 60 business days following the submission of a completed application.
The CanExport Community Investments program helps to increase Canadian employment by supporting Canadians communities’ collaborative efforts to attract, retain and expand foreign direct investment (FDI).
Amount of funding: Up to 50% funding to a maximum of $500,000
Eligible recipients are Canadian communities and non-profit, locally based organizations that are seeking assistance.
For additional information on CanExport Community Investments, click here.
A decision shall be made within 60 business days following the submission of a completed application.
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E-mail: gshah@timeconsulting.ca
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