It’s been quite an eventful year for the popular CanExport funding program. Earlier in 2018, the program was updated to re-align the amount of funding that could be awarded per application, in addition to adjusting the eligibility of export markets that companies can receive funding for. Now as the end
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Regardless of whether companies have previous exporting experience or are entering markets for the first time, there are risks involved in exporting. It is crucial for organizations to set clear goals and study the desired market before initiating new export sales growth activities. To help moderate the risks, align exporting
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Entering and expanding international markets is one of the best ways that Alberta businesses can drive year-over-year growth. Yet for many small and medium-sized businesses (SMEs), the risks associated with exporting prevent exploring markets outside of Canada. Businesses can limit this risk by participating in trade shows and trade events,
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Canadian women often face financial barriers as they start and expand businesses. While there are many factors that have led to women owning fewer than 16% of businesses in Canada, access to financial resources is undoubtedly one of the greatest hurdles to overcome. Although there is greater gender equality in
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For many businesses, entering a new market is a risky, time consuming, costly, and stressful endeavor. While businesses that already export can benefit from previous experience, existing processes, and internal know-how when entering a new market, there are still many risks in export expansion.
Risk is amplified for businesses entering their
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Export Market Access (EMA) is an Ontario government grant designed to help small and medium-sized businesses reach and expand international markets. The program reduces costs commonly incurred while participating in international trade shows, thereby lowering the risk of export development projects. Companies can submit multiple applications per year, with each
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Canadian companies are internationally recognized as some of the most creative, innovative firms in the world. But despite this reputation, Canada is falling behind in terms of its opportunities to spur innovation. Businesses short on the time and/or resources to innovate are a leading cause for this; however, more businesses
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The Canadian ginseng sector is the largest field-grown horticultural export in North America. To continue market growth within the Canadian agri-food industry and enhance its competitiveness, the Ontario Ginseng Growers’ Association (OGGA) has received federal government funding support by way of export marketing grants.
The Canadian Agricultural Partnership’s AgriMarketing program has
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CanExport is a Canadian government funding program that supports export development projects. Through the program, Canadian businesses can reduce the financial burden associated with marketing activities in undeveloped or under-developed markets where growth opportunities exist. Most applicants can reduce eligible project costs by up to 50%; this greatly reduces the
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The Canadian wine industry is continuing to grow and innovate to remain globally competitive in an evolving sector. To ensure businesses can thrive in Canada’s agri-food and beverage environment, the government of Canada is supporting the Canadian Grapevine Certification Network (CGCN) and the Canadian Vintners Association with federal government funding.
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