- Focused on commercialization of technology
- Permanent program for projects which end during the fiscal year
CanExport Innovation was designed to help establish new R&D collaborations with foreign partners to co-develop, validate or adapt their technologies for commercialization. The program supports projects with the objective to develop or enhance a technology, modify an existing technology to fit a new market or sector, or validate a technology by a Foreign Partner who will typically become the first adopters. The program is administered by the Trade Commissioner Service.
Canadian innovators who aim to commercialize technology can access up to $75,000 in non-repayable funding for up to 75% of project costs.
Available to pre-revenue companies but applicants must be able to cover 25% costs for proposed activities using private revenues.
- Travel abroad or in Canada to meet with foreign investors or partners
- Conference and events costs to meet with foreign investors or partners
- Shipping technology costs
- Legal fees to support formalizing partnership agreements
- Developing marketing materials for use in meetings with potential Foreign Partners
- Translation, adaption and creation of promotional materials
- And other eligible costs related to pursuing international collaboration
*Funding has resumed for travel-dependent activities, although the program will continue supporting non-travel activities to support R&D opportunities in international markets.
- Must be a for-profit Canadian SME with 499 or fewer full-time equivalent employees; a Canadian academic institution; or a Canadian non-governmental research centre
- Must have a Canada Revenue Agency business number
- Must own or co-own the IP rights for the technology, or have appropriate decision-making authority over the IP
- Must have a prototype for the technology with the intention to commercially launch within 5 years
- Must have a pre-identified Foreign Partner with specific expertise and/or technology with whom you are seeking to negotiate an R&D agreement or investment agreement to facilitate R&D on the technology under the terms of a joint collaboration where neither party will be paying the other for services provided.
CanExport Innovation runs and accepts applications each fiscal year.