A new funding program, Export Market Access, is available to help small and medium-sized Ontario-based businesses access and expand their growth in new foreign markets that are beyond the U.S.
Companies must have five or more employees and annual sales of at least $500,000 and have been in business for a minimum of 2 years. Companies can qualify for a grant covering up to 50% of eligible costs in developing export sales.
Assistance is available in four areas: 1) Direct Contacts (international trade shows, fairs, exhibitions, and incoming and outgoing trade missions); 2) Marketing Tools (development of electronic media, promotional materials, and generic branding material); 3) Market Research; and; 4) Foreign Bidding Projects.
The $5 million program is funded by the Ontario government and is administered by the Ontario Chamber of Commerce. Companies do not need to belong to the Ontario Chamber of Commerce to apply.
For more program details or to apply, visit www.exportaccess.ca.