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Export Funding NB | LearnSphere

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Value

Total project costs must be more than $5,000 to apply for assistance. Applicants can receive up to 65% of eligible costs, to a maximum contribution of $15,000. For the minimum project size of $5,000, the reimbursement would equal $3,250; for a project of $23,076.92 or greater, the maximum reimbursement would be $15,000. At least 35% of the total project costs must be provided by the Applicant. All sources of funds must be identified.
Yes

Description

Export Funding NB is designed to help New Brunswick-based small to medium-sized enterprises (SMEs) increase sales outside of Canada.

Eligible Applicants

To be eligible for financial assistance through Export Funding NB, you must:

  1. Have your Head Office registered and operating in New Brunswick;
  2. Be exporting or planning to export;
  3. Have a Canada Revenue Agency (CRA) business number.

Applicants must demonstrate an increase in revenue, profit, or workforce in the past two years and that the proposed activity will improve export performance.

Export Funding NB is open to all industry sectors, except retail/wholesale, real estate, government services, personal or social services and softwood lumber. Professional services such as marketing firms, creative agencies, business or fitness coaches are generally not considered eligible applicants; however, they may be considered if the project represents a unique and/or strategic opportunity with potential economic benefit to NB. Consultant travel and trade show attendance fees are not eligible. Applicants must not make any financial commitments prior to submission, or costs incurred will not be eligible.

Please note that meeting the eligibility criteria does not guarantee you will receive funding. Each eligible application will be subject to an evaluation process.

Eligible Expenses

It provides a financial contribution, in the form of a reimbursement, for select activities provided by consultants or agencies such as:

  • Market research
  • Export plan or strategy development
  • Lead generation and sales activities
  • Export focused website additions and SEO
  • Digital ads or social media strategy
  • Coaching
  • and more

This program is managed by LearnSphere, with financial assistance from the Atlantic Canada Opportunities Agency and Opportunities New Brunswick.

Deadline Date

Open. Appears to be first come, first served.

Contact

Industry:

Export

Location:

New Brunswick

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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