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CanExport is a federal program by Global Affairs Canada that supports SMEs in expanding their international markets. It provides non-repayable funding for export-related activities, such as market research, trade missions, and promotional efforts. The program aims to help Canadian companies overcome international trade barriers and enhance their global competitiveness.
CanExport is no longer accepting applications now.
Funding
The funding covers up to 50% of eligible expenses, with a maximum grant of $50,000 for international market development projects.
Eligibility
Businesses must be for-profit, employ fewer than 500 people, and demonstrate a commitment to exporting.
Application
The application process can be detailed, and meeting the eligibility requirements can be challenging. Our expert will arrange an initial face-to-face or phone meeting to gain a thorough understanding of your company and determine the requirements for eligibility.
Management
We assist with document preparation, identify eligible activities, and optimize submissions to secure your funding, helping your business expand internationally while we manage the program’s complexities.
How Long Does It Take To Receive Funding?
The timeline for receiving CanExport funding can vary. In total, from application submission to receiving funds, it can take approximately 2 to 3 months.
Can I Use An External Consultant For Assistance?
Yes, a company can use an external consultant for assistance with the CanExport program for assistance with writing the projects and business plan.
Can I Claim Both SR&ED Tax Credit and CanExport?
Yes. It is possible to claim SR&ED tax credit and apply for CanExport funding. However, an analysis needs to be conducted to avoid any double-dipping risk.
