CanExport Increases Funding Amounts!
Up to $75,000 for Export Market Development
The CanExport program offers funding of up to 75% to a maximum of $75,000 for projects related to new export market development (i.e. in markets generating less than 10% of total annual sales). Supported expenditures include, but are not limited to:
- Travel to target markets
- Tradeshow attendance and product promotion
- Market research
- Development of new marketing tools for international markets (e.g. translation of brochures into another language)
- Legal/advisory fees, such as for securing a distribution agreement or IP protection
Eligible applicants are limited liability partnerships/incorporated businesses with less than 500 full time employees and annual sales of $100,000 to $100 million. Project expenses must be at least $20,000 to be considered for funding. Companies can submit more than one application, but must complete their initial export project before receiving any additional funding from CanExport.
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