Global Market Development — IDM Fund

📋 Eligible Entities - Canadian small and medium-sized enterprises (SMEs) - For-profit businesses registered in Canada - Companies with demonstrated export potential or current export activity - Businesses across all sectors (manufacturing, services, technology, etc.) - Sole proprietors and incorporated companies qualify ### 💰 Funding Details - Maximum Grant: $15,000 per project/activity - Cost-Share Ratio: 50% grant / 50% company contribution (non-repayable) - Repayability: Non-repayable grant (no loan component) - Matching Contribution: Your company must fund the remaining 50% of eligible costs - Currency: Provided in Canadian dollars ### 🛠️ Approved Expenses - International sales trips and business development missions - Attendance fees at international trade shows and market events - Travel costs (airfare, accommodation, ground transportation) - Event registration and booth participation fees - Market research and feasibility studies for international expansion - Participation in buyer missions and trade missions - Costs directly related to exploring and entering new international markets ### ⚠️ Conditions & Milestones - Must apply before participating in international activities (retroactive funding not available) - Company must commit matching funds equal to 50% of total eligible project costs - Activities must have clear export or market development objectives - Project must demonstrate potential to increase company revenue or market presence internationally - Funding is issued upon approval and proof of eligible expense completion - Recipients may be required to report on outcomes and business results achieved - One application per fiscal year or per activity (verify with program administrator) - Funds must be used within the specified program timeline