Comments on Funding:
CanExport SMEs has changed its cost-sharing formula to 50:50. The program now funds up to 50% of eligible costs for $10,000 to $50,000 in funding per project. The applicant is responsible for the remaining 50% of eligible project costs (in-kind contributions are not permitted).
Canadian government assistance must not exceed 75%.
CanExport SMEs is open to all industry sectors.
Applicants might be asked to provide:
- copies of their company’s financial statements, or
- any other supporting document in order to validate the information provided in the application.
Other Things to Note:
These applications can be submitted when the program reopens at 08:00 AM EST on January 10, 2022, for projects that will begin after April 1st, 2022.