Posts Tagged ‘export market access’

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.

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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Rise in Canadian Manufacturing Sales for May 2013

StatsCan released their monthly survey results for May which examined sales within the Canadian manufacturing industry. Overall, manufacturing sales increased by 0.7% to $48.6 billion in May 2013. The below chart illustrates the monthly change in Canadian manufacturing sales since 2008.

Out of 21 industries within the manufacturing sector, 57% of industries noticed an increase in sales. The chemical industry posted the largest sales gains amongst all industries. The gain within the chemical industry can be attributed to the increase in fertilizer sales due to the delayed spring planting. The wood product industry saw a decline in sales by 4.8% to $2.1 billion. However despite the monthly decline, wood product sales were 26.5% higher in comparison to May 2012 sales. Ontario led the provinces in manufacturing sales increase as their sales rose 1.9% to $22.7 billion. Quebec noticed a fall in sales by 2.8% to $10.7 billion.

There are several government funding initiatives available to manufacturers to increase their sales. Ontario Exporters Fund (OEF) and Export Market Access (EMA) represent two of the most prominent export funds available to manufacturing businesses. Furthermore, the new AgriMarketing program is designed to assist food manufacturers expand sales in both domestic and export markets. Read our recent blog about recent developments on the aforementioned programs.

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