The CanExport SMEs program of Canada's Trade Commissioner Service is designed to encourage small and medium-sized enterprises (SMEs) to export Canadian goods and services to new international markets.
By sharing the costs of certain international business development activities and thereby reducing risk associated with entering new markets, the program enhances the export diversification efforts of Canadian small and medium-sized enterprises. By helping businesses to increase and diversify their exports, the program contributes to the expansion and growth in Canada of those businesses. The program supports Canadian companies that have meaningful economic ties to Canada, the potential to contribute significantly to Canada's economy, and the capacity and commitment to expand globally.
For more information on export diversification, visit: Diversify your exports with the Trade Commissioner Service
Successful applicants may receive up to $50,000 to support eligible market development activities for existing products and services in foreign countries.
The total funding available from CanExport SMEs is limited and must be allocated on a competitive basis. There is no guarantee that applications will be approved. Once funds for the fiscal year are fully allocated, applications will no longer be assessed. A notice will be sent to concerned applicants.
The program has a service standard of 60 business days to complete the assessment of applications and to render a funding decision. Meeting this service standard depends on several factors, including the volume of applications received.
Program integrity is very important, and funding decisions are based only on impartial and objective consideration of information provided by applicants. The information provided in application forms allows the program to identify and approve funding for the best-qualified businesses, based on the objectives of the program. Program officials also seek to ensure that funding is awarded equitably to businesses across Canada.