Funding Alert: CanExport SMEs

CanExport SMEs is designed to promote Canada’s trade diversification efforts through support for new international business development projects. Specifically, CanExport offers non-repayable government grant funding support to small and medium-sized businesses undertaking tradeshow and marketing initiatives to help sell their products or services in international markets where they currently have little or no sales.

CanExport SMEs is designed to promote Canada’s trade diversification efforts through support for new international business development projects.

Specifically, CanExport offers non-repayable government grant funding support to small and medium-sized businesses undertaking tradeshow and marketing initiatives to help sell their products or services in international markets where they currently have little or no sales.

This program is now accepting applications and we highly recommend you to get in touch right away.

Program Funding Amount

Eligible projects that take place between April 1^st 2024 – March 31^st 2025 qualify for 50% cost share up to $50,000.

Eligible Applicants

Eligible applicants must:

Be for-profit with a Canada Revenue Agency business number
Be an incorporated legal entity, limited liability partnership (LLP) or cooperative for at least 2 years
employ between 1-499 full-time equivalent employees
Have $100,000 to $100 million in declared revenue in Canada during its past fiscal year

Funding Process & Objectives

Program Funding Process:

Create Applicant Portal
Submit Eligibility Form (3-5 days for approval)
Submit Full Application (up to 60 days for approval)

Program Objectives:

CanExport is designed to assist Canadian small and medium-sized business sell its products or services to new international markets. A market is defined as new and eligible if, during the company’s last complete tax reporting year, sales for that market were:

less than $100,000 or
less than 10% of the company’s total sales (domestic and international combined)

Please note Brazil, China, India and the United States are segmented into independent sub-national markets where the above criteria applies to the sub-market rather than the entire country.

CanExport evaluates applicant’s projects based on various impacts such as new leads, increased sales, job creation, supply chain impacts, etc.

Eligible Projects

Projects that take place between April 1^st 2024 – March 31^st 2025
Gathering market intelligence (custom market research, reports and studies)
Online advertising on social media platforms, online marketplaces and search engine optimization
Expert advice for digital and e-commerce marketing
Translating, adapting or creating marketing materials for target market
Attending virtual and in-person tradeshows (when travel is permitted)

Ineligible Expenses

Website application, maintenance and hosting fees
Fees to access online marketplaces or e-commerce platforms
Travel expenses for employees already residing or based in the target market(s)
Costs related to obtaining a passport or vaccinations
Fees for influencers and Key Opinion Leaders

Thinking of applying for financing? Don’t wait! These funds are highly competitive. Contact us today to get started!

Why Ayming?

Our team of experts will take the time to understand your current and future planned projects. We will then align these initiatives to the program in order to provide you with the highest ROI and the highest chance of approval.

We have extensive experience working with Canadian SMEs and have the expertise to properly position and maximize your application to secure your business funding.
We are the first Canadian company to establish a national grants practice.
Our proprietary artificial intelligence (AI) driven database of grants provides live access to thousands of programs, including a custom snapshot of all federal and provincial grants currently available to each company specifically.
Our highly experienced delivery teams boast over 50 + years of combined grants experience and over 200+ years of combined SR&ED experience, meaning you partner with true subject matter experts who are invested in your success.
No risk success-fee remuneration.