Stony Plain businesses are well situated to capitalize on the growing global opportunities. Our convenient location in the Edmonton Metropolitan Region creates barrier-free access to an array of transportation methods that make exporting easy and feasible. Our comprehensive and dynamic approach will ensure your export-goals are realized and supported. Connect with our team at ecdev@stonyplain.com to learn more about exporting and the many opportunities available to your business.
Alberta's Export Expansion Program provides funding to help export-ready companies and non-profit organizations enhance access to international markets and attract global buyers.
For-profit or municipal applicants may be reimbursed up to 50%, and non-profit applicants up to 75%, on eligible costs such as:
Each applicant can apply to the program multiple times, but will only be eligible for up to a combined maximum of $25,000 in the approved grant agreement(s) per program year (April 1 to March 31).
The Trade Accelerator Program (TAP) is an innovative program designed to help small- and medium-sized enterprises gain knowledge and a network of contacts to unleash their export potential. Through a series of in-depth workshop sessions with trade and industry experts, Canadian business leaders learn to overcome export barriers and reach new markets faster.
TAP can help your company make the most of its export capabilities. Through the program, you will:
1) define a growth strategy;
2) identify and analyze your target market;
3) complete an export plan; and
4) identify the resources available for international expansion.
Small and medium-sized companies may access up to $75,000 in funding to assist with international market development activities. Up to 75% of costs for export marketing of your products and services in international markets where you have little or no sales are covered.
Supported non-travel activities:
Eligible Canadian small and medium-sized enterprises must:
Innovators from Canadian organizations may access up to $75,000 in funding to assist with research and development (R&D) for a single technology. Up to 75% of costs to pursue and sign collaborative R&D agreements with international partners and investors are covered.
Supported non-travel activities:
To be eligible, your organization must:
Canadian national industry associations and trade organizations may access up to $400,000 in annual funding. Up to 75% of eligible costs for new or expanded international business development (IBD) activities that benefit an entire industry: organization’s members and non-members alike are covered.
Supported non-travel activities:
To be eligible, your organization must:
The application period for 2022 projects will take place in September-October 2021.
As one of the many tools deployed by the Government of Canada to increase prosperity, the CanExport Community Investments program provides financial support to communities for their foreign direct investment (FDI) initiatives and activities.
The program provides support to Canadian communities seeking to improve their capacity to attract, retain and expand FDI in order to create jobs for Canadians, support innovation and increase exports.
For the purposes of the program, FDI refers to international businesses establishing or expanding operations in Canada. The program does not fund initiatives related to mergers and acquisitions, investments from other parts of Canada, trade or export. The program supports non-profit partnerships at the local community level. The initiatives supported by the program must focus on supporting the attraction, retention, and expansion of foreign direct investment through specific types of activities. Non-repayable contributions range from $3,000 to $500,000, and agreements are made for a one-year period, from January 1 to December 31. The program provides reimbursement of up to 50 percent of eligible expenses. If an applicant accesses other federal government support, the total federal support cannot exceed 50 percent.
Export Development Canada's (EDC) Export Guarantee Program can help you access additional financing through your financial institution. EDC shares the risk with your financial institution by providing a guarantee on the money you borrow, encouraging them to increase your access to working capital.
How it works:
The value of the guarantee can vary depending on the type and size of the loan:
If your business needs access to working capital to cover payroll or operational costs during the COVID-19 pandemic, you may be eligible for the EDC BCAP Guarantee.
Through this program, Alberta Innovates supports Alberta SMEs, with a minimum of $20,000 in revenue, to build and develop a strategic approach to expanding their international plans and building global export opportunities. Prior to entering new global markets, it’s important to understand the necessary steps to grow export markets while evaluating benefits and assessing risks are keys to success.
Alberta SMEs need to ask some basic questions, for example:
The focus of the program is to fund an Alberta SME (applicant – you) to hire a qualified service provider that will help you build a strategic approach to entering global markets. You may be eligible for up to $20,000, which is paid directly to one service provider named in the application.
If successful, you must work directly with the service provider you’ve identified in your application to define the scope of work to expand export activities. This can include:
You can apply for funding for the development of export-related activities in multiple countries; however, all applicants are limited to two investment awards. All applicants must contribute 25 percent of eligible project costs and their companies have a minimum of $20,000 in revenue.