The CanExport program is a five-year, $50-million Government of Canada program that provides direct financial assistance to small and medium-sized businesses (SMEs) registered in Canada that are seeking to develop new export opportunities and markets, especially high-growth emerging markets
The CanExport program
To be considered for possible funding, a firm must meet the following basic criteria:
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Have no less than $200,000 and no more than $50 million in annual revenue declared in Canada during its last complete fiscal year. Company’s revenues are based on the line 101 of the GST 34 return (or the FP-500-V for Quebec based applicants). Under this line, all income, including exempt supplies, taxable supplies as well as international sales, must be included
All of the above criteria will be verify by the CRA via the business identifier number indicated in the application
Eligible Activities
To be eligible, activities must aim to promote international business development and must go beyond the applicant’s core activities, represent new initiatives and provide an opportunity to yield incremental results. For illustrative purposes, these activities could include