How to Apply to CanExport SMEs: Complete Application Guide

The CanExport SMEs program offers Canadian small and medium-sized enterprises (SMEs) up to $50,000 to cover 50% of the costs associated with exporting products or services to international markets where they have little or no sales. This guide provides a comprehensive overview of the application process, helping you navigate each step with ease and confidence.

Overview of CanExport SMEs

The CanExport SMEs program, administered by the Trade Commissioner Service, aims to support Canadian businesses in expanding their export activities into new international markets. The program is accepting applications from March 13, 2025, at 9 am EST to May 31, 2025, at 5 pm EDT for projects occurring between April 1, 2025, and March 31, 2026. It focuses on export diversification, allowing applicants to target either the United States or other international markets.

Eligibility Requirements

To be eligible for the CanExport SMEs program, your business must:

• Be established in Canada

• Be a for-profit entity

• Be an incorporated legal entity, limited liability partnership (LLP), or cooperative

• Have an active Canada Revenue Agency (CRA) business number

• Employ between 1 and 500 full-time equivalent (FTE) employees

• Have declared revenue between $100,000 and $100 million in Canada during the past fiscal year

Required Documents

Applicants must prepare the following documents:

• Articles of incorporation

• GST 34 return or FP-500-V for Quebec-based applicants

• Detailed project plan outlining the intended export activities

• Financial statements for the most recent fiscal year

Step-by-Step Application Process

Step 1: Review the Applicant's Guide

Start by reviewing the new CanExport SMEs Applicant's Guide, which details the updated program requirements and application instructions.

Step 2: Gather Required Documents

Collect all necessary documents, including your articles of incorporation and financial statements, ensuring they meet the program's specifications.

Step 3: Complete the Application Form

Fill out the application form available on the Trade Commissioner Service's website, providing comprehensive details about your export project and business operations.

Step 4: Submit Your Application

Submit your completed application and all required documents by the May 31, 2025, deadline. Ensure all information is accurate and complete to avoid delays.

Application Timeline

• Applications open: March 13, 2025

• Applications close: May 31, 2025

• Project expenses must be incurred between April 1, 2025, and March 31, 2026

Tips for a Successful Application

• Ensure all documents are current and accurate.

• Clearly outline your export strategy and goals.

• Demonstrate how the funding will help diversify your export markets.

Common Mistakes to Avoid

• Missing the application deadline

• Submitting incomplete or incorrect documents

• Failing to provide a detailed export plan

What Happens After You Apply

Once submitted, your application will be reviewed by the Trade Commissioner Service. You will be notified of the decision via email. If approved, you will receive instructions on the next steps to access the funding.

Conclusion

Applying for CanExport SMEs funding can significantly enhance your business's ability to enter new international markets. By following this guide and preparing thoroughly, you can maximize your chances of a successful application.