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Government Help for Export Marketing Costs for SMEs

Tuesday, July 12, 2016

Section: Community News

Giacomo Ladas

Posted 3 years 37 days ago
by Giacomo Ladas

Like Like: 0

Posted In:
Community News

The government of Canada recently announced a new program designed to increase the competitiveness of Canadian companies by supplementing their marketing costs in foreign markets. CanExport will provide up to $50 million over five years in direct financial support to small businesses in Canada seeking to develop new export opportunities. CanExport program summary The new CanExport program announced by the federal government on January 5, 2016 will provide financial support to as many as 1,000 new Canadian exporters each year. The program, which is open to small and medium-sized businesses in nearly every industry, will help finance eligible activities required to begin exporting to markets around the globe. Some of your members could be eligible... The CanExport program is open to small businesses in every sector (with the exception of businesses in agriculture, fish and seafood, and wine, beer and spirits sectors for which other funding opportunities are in place). Small and medium-sized enterprises in high-growth priority markets and sectors are particularly good candidates to receive direct financial support from this new program. An FAQ document should help answer any questions. To find out more, businesses can determine their eligibility for funding via the Applicant’s Guide to the CanExport program.

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