CanExport SMEs: Quick Program Guide for Entrepreneurs
Description:
CanExport SMEs provides financial support to Canadian small and medium-sized enterprises to help them develop export opportunities for their product or service in new international markets.
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%.
Eligibility:
Applicants must:
CanExport SMEs is open to all industry sectors.
Applications Steps:
create an account on the online portal;
complete the Application Basic Eligibility section. Once completed, the applicants will receive a confirmation of their Basic Eligibility by email.
complete and submit the rest of their applications, if eligible. Completed applications must be submitted at least 60 days before the start date of the first proposed activity. Upon submitting their application, applicants will receive an email confirmation of receipt. The online system will automatically assign each application a unique submission identifier (such as A-4145075999). Please include this submission identifier in the subject line of all future correspondence with CanExport SMEs and NRC IRAP.
Documentation Needed:
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:
Both the CanExport SMEs and CanExport Innovation programs initiated an administrative pause on October 18, 2022 . The programs will not be accepting applications for fiscal year 2022-23 after this time and are not yet open for fiscal year 2023-24. Please visit program’s web page for details on when the programs will resume.
When It Ends:
Intake reopens on January 10, 2022
Deadline:
Next deadlines to be announced.