[Webinar] January 15: Government Funding to Support Export Expansion

[Webinar] January 15: Government Funding to Support Export Expansion

The federal and provincial government offer a wide variety of support to Canadian businesses who wish to grow or start exporting to new markets. By attending the free Funding to Support Export Expansion webinar, you will learn about various government export funding programs that help businesses grow in export markets by providing business grants of…

Canada’s State of Trade 2019: Part 2 – Trade Diversification for Businesses

Canada’s State of Trade 2019: Part 2 – Trade Diversification for Businesses

Global Affairs Canada recently released its report Canada’s State of Trade 2019. Authored by the Office of the Chief Economist (OCE), the report overviews the major developments in Canada’s imports and exports in 2018. In Part 1 of my blog on this report, I described the report’s most relevant points about domestic and foreign economies…

Funding for Research and Development: From Idea to Commercialization

Funding for Research and Development: From Idea to Commercialization

Government funding for research and development (R&D) activities is widely popular. There are many different funding programs and mechanisms available to help businesses offset the costs (and risks) of engaging in R&D. This helps Canadian businesses to reduce the time it takes to develop a new product or service. Many businesses that we work with…

Canada’s State of Trade 2019: Part 1 – Key Points for Canadian Exporters

Canada’s State of Trade 2019: Part 1 – Key Points for Canadian Exporters

Global Affairs Canada has released Canada’s State of Trade, an evaluation of the country’s economic performance. The report highlights and assesses key developments in Canada’s international trade and examines domestic and foreign economic trends. According to the report, the global economy has seen weaker growth than in previous years; however, Canada’s exports and imports both…

International R&D Success: Developing & Commercializing Innovation

International R&D Success: Developing & Commercializing Innovation

Many businesses that Mentor Works deals with have heard of the two most popular research and development (R&D) funding programs: NRC’s Industrial Research Assistance Program (NRC-IRAP) and the SR&ED tax credit program. Both are valuable programs that support innovation and commercialization efforts. However, most of our clients are unaware of the wider range of programs…

Exhibiting at International Trade Shows: A Powerful Tool to Grow Your Business

Exhibiting at International Trade Shows: A Powerful Tool to Grow Your Business

Despite the transition to digital means of marketing and communication, exhibiting at trade shows remains a powerful tool and one of the most rewarding forms of marketing when approached with the right strategy. Today, according to statistics compiled by spingo.com, 99% of exhibitors believe that trade show marketing provides unique value that is not provided…

Export Trade Shows for Canadian Businesses in 2020

Export Trade Shows for Canadian Businesses in 2020

Does your business plan to exhibit at international trade shows this year? Trade shows provide an opportunity to grow your business in new markets and drive higher global revenues. They diversify your client base and can serve as a launching point for sustained international success. Yet, for many businesses, researching international trade shows can be…

CanExport Funding Increases to 75%/$75,000 and Supports AgriBusiness

CanExport Funding Increases to 75%/$75,000 and Supports AgriBusiness

On August 22, 2019, the CanExport funding program undertook two significant updates that impacted how the program operated and the value it provided to Canadian exporters. The first and most notable update was to the program’s contribution amount, while the second focused on company eligibility. Previously, agriculture and agri-food companies were unable to apply; these…

CanExport Funding: $45k for Clearcable to Expand Business Internationally

CanExport Funding: $45k for Clearcable to Expand Business Internationally

Clearcable Networks, based in Hamilton, Ontario, is a specialized telecommunications technical consulting firm. They focus on the needs of service providers by maintaining existing infrastructure, developing new business revenue streams, and driving new advancements in the global telecommunications sector. Clearcable has already expanded their business into the United States, and has recently received government funding…

CanExport Grants: Expanded Eligibility Criteria for Businesses

CanExport Grants: Expanded Eligibility Criteria for Businesses

NOTICE: As of August 22 2019, the CanExport program now offers up to 75% of project expenses to a maximum of $75,000 per application and is open to agricultural producers and processors. Please refer to the CanExport program page for the most recent updates. It’s been quite an eventful year for the popular CanExport funding program. Earlier in…