CanExport SMEs During COVID-19: What Projects are Eligible to Receive Funding?
The popular international marketing grant CanExport has halted funding for travel-related activities. Learn what is now eligible to receive up to $75K in grants.
Loan and Grant Programs for Business Cash Flow During COVID-19
Mentor Works has put together a list of Canadian government funding programs related to COVID-19, as well as other ongoing loan/grant programs for business cash flow.
[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
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
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
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
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
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
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
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…