Trade Accelerator Program ### 📋 Eligible Entities - Small and Medium-sized Enterprises (SMEs) - Canadian-controlled private corporations - Sole proprietors and partnerships - Cooperatives - Not-for-profit organizations engaged in commercial activities - Businesses must be profitable and operationally established (typically minimum 2 years in operation) - Must demonstrate capacity to expand into international markets ### 💰 Funding Details - Grant Type: Non-repayable contribution (grant, not loan) - Funding Amount: Typically $5,000–$50,000 per recipient (varies by program stream and region) - Cost-Sharing: Usually 50–75% government funding; applicants cover 25–50% of eligible costs - Payment Structure: Reimbursement model—funds dispersed after eligible expenses are incurred and documented - Duration: Program varies; typically 6–24 months depending on stream selected - No Repayment Required: Funds do not need to be repaid if milestones are met ### 🛠️ Approved Expenses - Training & Skills Development - International business courses and certifications - Market research and feasibility studies - Export compliance and regulatory training - Networking & Consulting - Participation in trade missions and international trade shows - Expert mentorship and business coaching fees - International market research and analysis - Market Entry Activities - Translation and localization of marketing materials - Website and e-commerce platform development for export - Initial branding and promotional materials for target markets - Professional Services - Legal and accounting services related to international expansion - Trade certification and standards compliance consultation ### ⚠️ Conditions & Milestones - Application Requirements - Submit detailed business plan demonstrating international growth strategy - Identify target markets and realistic growth projections - Provide financial statements (last 2 years minimum) - Matching Contribution - Business must contribute required cost-share (typically 25–50%) in cash or documented in-kind contributions - Contributions must be verifiable and
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Access assistance for your SME to learn about best practices, network with experts and grow your business through international growth and new market opportunities.
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