Funding for exports now available to SMEs across Atlantic Canada
Up to $2.2 million is now available across Atlantic Canada to help small- and medium-sized businesses expand their exports.
LearnSphere’s Export Market Access Program and E-Tools for Exporting Program have been successfully supporting New Brunswick’s export businesses since 2003 and the funding is now being rolled out to eligible businesses in Newfoundland and Labrador, Nova Scotia and Prince Edward Island.
Whether it’s to export seafood or technology solutions, SMEs can access up to $15,000 through two programs – for a total of up to $30,000 – to expand or launch their export business. The funding can be used for help with research, planning, sales, or digital marketing. To be eligible, SMEs need to be currently exporting or export-ready within the next six to nine months.
“We are thrilled to be able to launch this funding across Atlantic Canada,” said Annette Comeau, LearnSphere’s Chief Executive Officer. “The region has so much to offer. We want to see Atlantic Canadian exports continue to thrive, and economic growth to be realized here.
“This region-wide roll-out has been made possible through the Atlantic Canada Opportunities Agency, which is really leading the way in helping Atlantic Canadian SMEs to grow, diversify export markets and increase the region’s productivity.
“The Atlantic Growth Strategy aims to double the number of exporters in the Atlantic region by 2025, and this funding can help more than 180 companies to reach those export goals. We are excited to showcase what Atlantic Canada has to offer to the world.”
Smart sensor manufacturer Masitek accessed $30,000 in 2016. With it, they developed a new social media strategy, and re-branded their website. They also accessed funding to help with lead generation in their identified target markets.
“The LearnSphere programs have helped Masitek’s export business to grow exponentially,” said Tracy Clinch, CEO. “We accessed two programs through LearnSphere, and those programs enabled us to build a dynamic website to reach customers in markets where we never would have been able to before.”
The application process is designed to be quick and easy to access, with fast turnaround times on both the application and reimbursement of funds.
For more information and to apply for funding, visit learnsphere.ca/export
Founded in 1995, LearnSphere is a single-window, one-stop shop that houses all the content, services and technology required to meet the training and development needs of small- and medium-sized enterprises.
Instead of piecing together a patchwork of suppliers, the recipients of our programs and services and funding partners can find the comprehensive solution they seek under the singular LearnSphere brand.
- LearnSphere will help more than 180 companies across Atlantic Canada reach their export goals over the next year through the Export Market Access Program and E-Tools for Exporting Program.
- The Export Market Access Program and E-Tools for Exporting Program assist businesses with market research, export strategy, branding, e-commerce, digital media and more.
- This announcement supports the Trade and Investment action area of the Atlantic Growth Strategy. The Atlantic Trade and Investment Growth Strategy aims to double the number of exporters in the Atlantic region by 2025, raise the value of exports, increase the number of exporters selling to more than one market, and attract more foreign investment to the region.