CanExport is a federal program that offers funding for small and medium-sized businesses of all industries, plus business associations. The program is staffed with experienced trade commissioners, so they’re the go-to source for advice, coaching, and funding when it comes to exporting and getting your foot in the door of international markets.
Because they partner with the NRC IRAP program, they can even help you identify potential markets you may not have thought of, possible international partnerships, and new business opportunities you may not otherwise have known about.
Not only can they help you navigate international business waters, but they also have a program to encourage international research and development collaboration that includes funding.
Whether you’ve been thinking about expanding internationally or this has just piqued your interest, read on to learn about how CanExport can help your business. CanExport has something for all audiences and sectors.
What is CanExport?
COVID-19 Update: The CanExport program has decided to temporarily suspend grants for travel or trade show-related projects, though there are other non-travel-related eligible activities such as virtual events, marketing tools, and market research. To learn more about eligible projects for COVID-19 CanExport funding, please visit our CanExport COVID-19 Eligibility page.
The CanExport program is a popular Canadian government grant that supports businesses as they explore/expand new and under-developed international markets. The export grant is specifically designed to help firms participate in trade shows where company representatives travel to an export market and meet with potential customers. Through these projects, Canadian companies can more aggressively pursue export market development activities and drive greater revenues from customers outside of Canada.
How much funding could my business receive through the program?
Through the CanExport program, companies may access up to 75% of project costs to a maximum $75,000 in non-repayable funding per project. The maximum annual CanExport funding per applicant is $99,999 per government fiscal year, which begins April 1 and ends March 31.
COVID-19 Update: Travel and trade show-related activities are currently ineligible and will not qualify under the current CanExport program criteria. Learn more about CanExport updates and eligibility on the main program page.
Participating businesses may only have one application active at any given time. If a company is applying for another trade show, the previous project must be complete, including a final project report, before more export market development grants may be awarded. Up to two applications can be submitted per government fiscal year.
CanExport funding program is a program, run by Global Affairs Canada that offers direct financial assistance to Canadian small- and medium-sized enterprises that are seeking new export and market opportunities.
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