CanExport

CanExport currently offers a series of funding and support programs for exporters, innovators, associations, and communities across several categories in non-travel activities. While the program typically offers funding for travel and activities that require presence outside of Canada, it’s currently halted any travel-related funding until the current Covid-19 restrictions have been lifted.

Here we’ll give a brief outline of two programs being offered by CanExport: CanExport SME which focusses on expanding into foreign markets and CanExport Innovation which focusses on research and development.

 

CanExport SME

This program is for small or medium-sized companies looking to increase access to international markets and export sales. CanExport funding covers up to 75% of costs for export marketing in international markets where the business has little to no sales. Businesses can be eligible for up to $75,000.

 

Who is eligible for CanExport SME?

To qualify for the program, businesses must:

  • Be Canadian
  • Be small or medium in size – employing 500 or fewer full-time employees
  • Be for-profit
  • Be an incorporated, legal entity or a limited liability partnership (LLP)
  • Have a Canada Revenue Agency (CRA) business number, unless registered on First Nations lands
  • Have $100,000 to $100 million in declared revenue in Canada during its past fiscal year
 

What activities are eligible?

CanExport SME supports the following non-travel related activities:

  • Gathering market intelligence
  • Applying for intellectual property protection and certification international markets
  • Seeking expert business or legal advice
  • Search engine optimization (SEO)
  • Translating, adapting, or creating marketing materials
  • Attendance of virtual trade shows, networking functions, meetings, or conferences
 

When travel resumes:

  • Visits to foreign markets
  • In-person trade shows, networking functions, meetings, or conferences
  • Participating in a trade mission
 

Recently CanExport updated the SME program to include online marketing updates such as:

  • Maximum funding for online advertising has been increased to $50,000 per project
  • Allowing advertising on social media
  • Expert advice for digital and eCommerce marketing is now eligible 

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CanExport Innovation

Focussed on innovators, this program covers up to 75% off costs for those looking to pursue and sign collaborative agreements with international partners and investors – up to $75,000.

 

Who is eligible for CanExport Innovation?

  • Canadian small and medium-sized enterprises
  • Canadian academic institutions
  • Canadian non-government research centres
 

To be eligible, these organizations must:

  • Be registered in Canada
  • Have a Canada Revenue Agency (CRA) business number
  • Own, co-own, or have decision-making authority over the intellectual property rights for the technology
  • Have a prototype
  • Intend to launch the technology commercially within 5 years
 

What activities are eligible?

CanExport Innovation supports the following non-travel related activities:

  • Applying for intellectual property protection or certification in international markets
  • Seeking expert legal and business advice
  • Shipping technology to determine compatibility with a partner’s technology
  • Translating, adapting, and creating promotional plans / materials
  • Attending virtual networking functions, meetings, or conferences
 

When travel resumes:

  • Travelling abroad or in Canada to meet with pre-identified foreign partners or investors
  • Attending an event or conference to meet with pre-identified foreign partners or investors
 

Have questions about CanExport or other grants?

Ask one of our funding experts!

There are hundreds of funding programs available, but only a selection of them have sufficient budgets, criteria, and funding scope to match your business. We help you prioritize the most lucrative funding opportunities so you’re focussing on the right ones, and minimize your effort involved in the writing process.

You can also request a free funding evaluation.

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*The information above is meant for informational purposes only, and not to be used as advice.

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