Archive for the ‘Export’ Category

Trade Show Funding for Fabtech

Don’t miss an opportunity to secure government funding for exhibition costs at FABTECH, North America’s largest metal forming, fabricating, welding, and finishing trade show.

If you are an Canadian company planning to exhibit at FABTECH 2017, you could be eligible for non-repayable funding to cover up to 50% of trade show expenditures through Ontario’s Export Market Access (EMA) and the federal CanExport programs.

Export Market Access (EMA) is a cost-sharing grant that supports 50% of eligible costs up to $30,000 per project to help Ontario Small- to Medium-Sized Enterprises (SMEs) cover costs incurred to develop export sales in foreign markets. Companies must apply by Sept 25th 2017, to be eligible for funding for FABTECH 2017. Eligible expenditures include: 

  • Marketing Tools: development of branding-related materials, promotional materials, and electronic media
  • Foreign Bidding Projects: bidding on foreign projects against foreign competition
  • Market Research: research done with the goal of providing more accurate international market targeting ($5,000 maximum)
  • Direct Contacts: participating in international trade shows, exhibits, or fairs which are supported by third parties such as governments

CanExport is a federal cost-sharing grant that supports 50% of eligible costs or up to a maximum of $100,000 to help Canadian SMEs cover costs incurred to pursue new export markets (that you have had no export activity to for the past 24 months). Companies must apply by October 2nd, 2017 to be eligible for funding for FABTECH 2017. Eligible expenditures include: 

  • Business travel costs
  • Trade show exhibitions
  • Market research
  • Adaptation of marketing materials
  • Legal fees associated with a distribution/representation agreement

Government funding can significantly increase your company’s budget for upcoming trade shows. Increased involvement with international trade shows can help with your company’s growth.  If you are planning to exhibit at trade shows please contact us today to discuss your eligibility for various sources of funding. 

FABTECH 2017 Show Details:

Date & Time:
November 6th – November 9th

Location:
McCormick Place
2301 S. King Drive
Chicago, IL 60616
(map)

Admission:
Register before the deadline (November 3, 2017) for complimentary admission to the shop floor. Admission after the deadline is US$50.

Show Dates/Hours:
Monday, November 6         10:00 AM – 6:00 PM
Tuesday, November 7            9:00 AM – 5:00 PM
Wednesday, November 8     9:00 AM – 5:00 PM
Thursday, November 9          9:00 AM – 3:00 PM

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Trade Show Funding Deadline Extended

The Ontario Chamber of Commerce has released an update to the Export Market Access (EMA) program informing applicants that they will be accepting applications for trade shows that occur before June 30, 2017.

Do you have a global mindset but think your company is too small to be an exporter? Well, think again.

Recognizing that some companies naturally have a global mindset early on in their development, the EMA program was established to help small- to medium-sized enterprises (SMEs) access and expand their growth in foreign markets.

Through the EMA program,  companies can receive funding of up to 50% for a maximum of $30,000 towards eligible activities including international trade show attendance, development of marketing tools, investment in market research, and participation in foreign bidding projects.

Interested applicants are encouraged to review the new Application Guide, released in January 2017, to ensure that they meet eligibility requirements, or contact our government funding experts directly, for a free consultation.

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Going Global – Winter 2016 Newsletter

Our Winter 2016 newsletter is out!

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NorthBridge Winter 2017 Newsletter

Going Global

Trade

Editor’s Welcome — Navigating Around Trade Barriers

Venturing into new market territory is marked by risk and uncertainty, but can also bring many rewards and opportunities. For a country, increased trade can lead to greater Gross Domestic Product (GDP) per capita, higher skilled employees and technology related jobs, and lower cost of consumer products… Read more.

Trade Graph

Trade and Export Statistics

  • Canada is the 11th largest export economy in the world and the 23rd most complex economy, according to the Economic Complexity Index (ECI).
  • Despite positive growth in trade volume, the dollar value of world merchandise exports declined by 14% in 2015, to US$ 16.0 trillion, as export prices fell by 15%… Read more.
Globe

Global Trade for Canadian Businesses

There’s been an unusual amount of chatter about trade and trade agreements lately. That’s not surprising considering the prominence of trade debate in the recent U.S. presidential election campaigns… Read more.

Handshake

Reducing the Risk of Exporting

In order to mitigate various barriers and risks to trade, the Canadian government provides export financing, insurance, expertise and other business solutions to Small- and Medium-Sized Enterprises (SMEs) registered in Canada through various federal and provincial programs… Read more.

Made in Canada

Canada’s Free Trade Agreements

The Comprehensive Economic and Trade Agreement (CETA) will benefit the advanced manufacturing, agri-food, metal/mineral sectors. The European Union is the world’s largest economy, with 500 million people and annual economic activity of almost $17 trillion… Read more.

New $25M SMART Green Funding Program for Ontario SMEs

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Ontario Manufacturers & Exporters can receive a non-repayable grant of up to $200,000 for projects that will reduce Greenhouse gas emissions through the new Canadian Manufacturers and Exporters (CME) Green Smart program, scheduled to open November 2016.

The $25M CME Green SMART program is part of Ontario’s new $325-million Green Investment Fund.  If your company is implementing capital investment projects that will generate greenhouse emission reductions, leverage energy-efficient technologies, and follow best practices through process and/or product improvements, you may be eligible for a non-repayable grant up to 50% of eligible projects costs (up to $200,000) through the CME Green Smart program.

Eligible Companies:

  • Minimum of 10 full time employees.
  • Fewer than 25,000 tonnes per year of annual greenhouse gas (GHG) emissions.
  • Not participating in Ontario’s Cap & Trade program.
  • Companies with more than one facility may apply for funding for one project per facility for a maximum of 5 facilities up to $500,000.

Requirements:

  • The project must:
    • Support reduction in GHG intensity and/or avoidance through upgrades to process/production equipment, or
    • Involve implementation productivity improvements, which in turn lead to lower GHG emissions on a gross or per-production unit basis.
  • The project must be associated to the manufacturing process and cannot be a “comfort” upgrade (i.e. lighting, heating and cooling) that is not related to production.
  • A technical project assessment form will be required that includes a report of current (pre-project) GHG emissions, followed by a 12 month post-implementation verification that demonstrates GHG reduction.

The CME Green SMART application intake is expected to open on November 1, 2016 through the online system . This program will support approximately 110 projects in Ontario.

EMA Program: Important Notice

The Ontario Chamber of Commerce has recently released an update to the Export Market Access (EMA) program informing applicants that until further notice, they will only be accepting applications for projects/activities that will be completed before May 31, 2016.

EMA is a $5 million initiative jointly sponsored by the Ontario government and the Ontario Chamber of Commerce which helps small- to medium-sized enterprises (SMEs) access and expand their growth in foreign markets.

Further details about this program will be posted as they become available.

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