Scaling your business into a globally-competitive firm takes considerable knowledge and financial resources. Developing a growth strategy that includes Canadian government funding is a great step towards sustainable, achievable expansion, yet many companies finance growth independently or through traditional funding sources. There is considerable opportunity when leveraging government grants and other funding programs, which includes offsetting the costs of:
- Purchase and implementation of capital equipment to support increased exporting;
- Product certifications and industry standards;
- International trade shows and related expenses;
- Outbound and inbound trade missions;
- Translation of marketing materials;
- Market research and competitive analysis; and
- Hiring of employees related to international market development.
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Build a Funding Plan for Business Expansion Projects
Use the following image links to access information on business expansion, including Canadian government funding programs and resources to support your growth strategies.
Browse Funding for Business and Export Expansion
Business expansion grants, loans, and other incentives are available to support businesses across Canada. Explore the programs listed below to learn more about government funding your business could potentially use.
|Government Funding Program||Description||Region(s) Supported|
|Ag Action Manitoba||Ag Action Manitoba supports the growth and competitiveness of agriculture and agri-food businesses through funding for capital assets and equipment, market development, research and innovation, training and consulting, and other investment areas.
|AgriAssurance: SME Stream||AgriAssurance’s SME Stream supports implementing third-party assurance certification projects that address international market requirements and help expand export opportunities.
|CAP Alberta||The Canadian Agricultural Partnership: Alberta program supports businesses and organizations completing projects that lead to the growth and competitiveness of Alberta agriculture.
|CAP Ontario: Place to Grow: Agri-Food Innovation Initiative||The Canadian Agricultural Partnership: Place to Grow: Agri-Food Innovation Initiative stream offsets eligible project costs that directly support the industry’s competitiveness and growth opportunities.
|CAP Ontario: Processors||The Canadian Agricultural Partnership: Ontario Processors stream offsets eligible project costs that directly support competitiveness and provide new growth opportunities.
|CAP Ontario: Producers||The Canadian Agricultural Partnership: Ontario Producers stream offsets eligible project costs that directly support competitiveness and provide new growth opportunities.
|CanExport||CanExport supports export marketing projects including participation in trade shows and government-led trade missions.
|Celebrate Ontario||Celebrate Ontario supports festivals and events to enhance their programs, activities, and services.
|Commercialization Support for Business Program (CSBP)||The Commercialization Support for Business Program (CSBP) offers grant funding to support product development, commercialization, and export market development.
|Eastern Ontario Development Fund (EODF)
||The Eastern Ontario Development Fund (EODF) Business Stream offers financial support to SMEs expanding their operations and creating jobs.
|Export Support Fund||Export Support Fund reduces the cost of attending trade shows and trade missions in export markets where less than 10% of company revenues have been earned in the previous 12 months.
|IESO Conservation Fund||The IESO Conservation Fund supports energy conservation and demand management programs, practices and technologies that impact Ontario’s initiative to reduce electricity consumption.
|Manitoba Industrial Opportunities Program (MIOP)||The Manitoba Industrial Opportunities Program (MIOP) is designed to attract investment from small and medium-sized enterprises (SMEs).
|Market Readiness Program||The Market Readiness Program supports academic spin-off companies, OCE accelerator (CLA/OCEA) graduates, and SmartStart Seed Fund awardees for early-stage commercialization activities.
|NOHFC New Investment Projects||The NOHFC Northern Business Opportunity Program – New Investment Projects stream supports established companies to develop a business presence in northern Ontario.
|Rural Economic Development Fund (RED)||The Rural Economic Development Fund (RED) supports regional economic development activities of non-profits in rural southern Ontario.
|Southwestern Ontario Development Fund (SWODF)||The Southwestern Ontario Development Fund (SWODF) is a business expansion funding program that supports investment in new facilities and equipment.
|TECTERRA SHOW Program||TECTERRA SHOW offers grant funding to help Alberta-based geomatics companies showcase their technologies at trade shows, industry events, and conferences.
|Tourism Development Fund (TDF)||The Tourism Development Fund helps not-for-profit organizations and municipalities to invest in developing new tourism services, tourism investment attraction, and industry capacity building.
Canadian Business and Export Expansion Resources
Facility Expansion Resources
Expanding the physical size of operations is a significant undertaking. While it’s expected to bring substantial improvements to productivity and overall production, the upfront costs of these types of projects can be staggering. Companies exploring facility expansion projects should consider the benefits of using government funding programs for these types of projects. Through non-repayable contributions (government grants) and repayable contributions (government loans), firms can reduce the immediate and long-term costs of facility expansion projects, enabling a wider project scope and faster completion times. Explore the resources below to understand where facility expansion fits in your growth plans and develop a strategy for success:
- Expanding Manufacturing Production (Slide Deck)
- Scaling Manufacturing Production: Problems and Challenges
- 2018 Canadian Manufacturing Industry Trends and Investment Intentions
- Optimizing Your Factory Layout for Increased Productivity
- Axonify Expands with $1M in Ontario Scale-Up Vouchers Program Funding
- Southwestern Ontario Development Fund Awards Six London Businesses
- Dr. Oetker Expands Production with Canadian Government Grants
- DESCH Canada Ltd. Expands with over $1M in Ontario Business Grants
Exporting & Market Development Resources
Expanding market reach through exploratory projects such as trade shows and missions can grow a business’ client base substantially. Whether exporting to the United States, Europe, or other markets, seeking customers outside of Canada can have profound impacts on your company and make it more resilient to regional price and/or demand fluctuations. Exporting should be viewed as a long-term commitment; fortunately, export grants and other forms of market expansion funding can help your business evaluate export opportunities and confidently grow abroad. Explore the resources below to understand where exporting fits in your growth plans and develop a strategy for success:
- Canadian Guide to Export Expansion (White Paper)
- Accessing Grants for Export Activities (Slide Deck)
- Export Trade Shows for Canadian Businesses in 2019
- Trade Show Marketing Strategy: What to Do Before, During, and After
- International Social Media Sites for Canadian Businesses Going Global
- How to Find and Evaluate Export Trade Shows, Conferences, and Events
- Trade-Related Webinars to Support International Expansion
- 6 Tips for Developing an Export Marketing Plan
- How to Mitigate the Risk of Export Expansion Projects
- Learn How to Export from Ontario to Global Markets
- CanExport vs Export Market Access: Comparing Export Marketing Grants
- How Agri-Businesses Can Service Global Food Preferences
Discover More Funding Resources for Business and Export Expansion Projects
Ready to expand your business’ production, enhance competitiveness, and reach new markets? Register for an upcoming Canadian government funding event to learn more about how funding works, how to navigate the government funding process, and support services to help develop a successful application. Mentor Works hosts frequent webinars and live events to help business owners and executives further learn about their funding potential. Register for a session to continue exploring business and export expansion funding.