Revamped CanExport Program Goes Virtual to Help SMEs Compete Abroad

On November 3rd, the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, announced the revamping of the Canadian Trade Commissioner Service’s CanExport SMEs funding program to help even more SMEs amid COVID‑19.

This program offers SMEs up to $75,000 in funding for specific types of expenses to explore new opportunities to sell their products and services outside of Canada. The new changes take into consideration the evolving activities businesses are investing in during the pandemic.

SMEs and entrepreneurs can now apply for project funding for e‑commerce, online advertising and virtual trade shows.

To build a sustainable and resilient recovery that benefits everyone, CanExport SMEs now includes new dedicated support for women, Indigenous entrepreneurs, and visible minorities‑owned businesses — who have been disproportionately impacted by the COVID‑19 crisis.

Find more information on the Trade Commissioner Service website.

Source: CIFFA (09.11.2020)

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