The Minister of International Trade and the Minister of Small Business and Tourism, announced CanExport, a new program that will provide $50 million to help Canadian small and medium-sized enterprises take advantage of global export opportunities.
CanExport is one of the building blocks of the government’s export strategy: it will help Canadian companies take advantage of opportunities abroad and increase their competitiveness, while creating jobs and growth at home.
CanExport will provide Canadian small businesses with matching contributions between $10,000 and $100,000 toward export development costs. The new program will benefit hundreds of companies each year over the next five years.
To be eligible for the program, companies must employ fewer than 250 employees and have annual revenue in Canada between $200,000 and $50 million. Eligible activities must promote export development and go beyond an applicant’s core activities, as well as represent new or expanded initiatives.
Visit the CanExport website for further information, guide and FAQ’s.