Funding Opportunities
The Global Commerce Support Program (GCSP) is a contribution program that amalgamates three funding programs for Canadian national associations, communities, companies and researchers.
Global Opportunities for Associations (GOA) - For Canadian national associations seeking to undertake new or expanded international business development activities, in strategic markets and sectors, for the benefit of an entire industry (member and non-member firms).
- Allows for annual non-repayable contributions ranging from a minimum of $20,000 to a maximum of $150,000 over a one-year period from April 1 to March 31. Provides matching funds of up to 50% of eligible expenses.
Invest Canada-Community Initiatives (ICCI) - For Canadian communities aiming at attracting, retaining and expanding foreign direct investment.
- Provides matching funds of up to 50% of eligible project costs per year, for a total contribution not to exceed $300,000 per project per year.
Going Global-Innovation for Researchers (GGI) - Designed to promote and enhance Canada's international innovation efforts by supporting Canadian researchers (from private companies, universities and non-government research centres) in pursuing international collaborative R&D opportunities through the development of partnerships with other countries/economies.
- Provides assistance by contributing up to 75% of eligible expenses.
Investment Cooperation Program (INC) - Supports responsible, developmentally beneficial, private sector engagement in developing countries leading to sustained economic growth and poverty reduction.
- May provide cost-shared contributions of up to 75% for eligible activities across the four phases of an investment: 1) Commercial Viability Study; 2) Adaptation and Demonstration of Technology; 3) Sustainability; and 4) Implementation.
International Science and Technology Partnerships Program (ISTPP)- Designed to foster and support bilateral research projects which have the potential for commercialization between Canada and identified partner countries.
- Supports up to 50% of the Canadian costs of approved joint research projects proposed by companies and universities/colleges and other private sector research and development institutes.
Financing Solutions for Canadian Companies - Various financing programs for Canadian companies to support their international transactions: to pay for the up-front costs associated with the production of a large export order, to expand into new markets or to respond to a buyer's request for financing.
Market Expansion Financing - Helps Canadian companies finance the expansion of their domestic market or explore new and larger foreign markets.
- Up to $100,000 in long-term financing can be granted with specific repayment terms tailored for maximum flexibility.