
Asia Market Development Program
- Open Date : August 18, 2021
Overview
Your business will be provided with in-market expertise to quickly identify opportunity for your company in Asia.
At a glance
Funding available
- Access new markets
- Launch or market a product/service
- Maximum amount : 24,000 $
- Minimum amount : 5,462 $
- Up to 20% of project cost
- Open Date : August 18, 2021
Eligible candidates
- All industries
- Nova Scotia
- For-profit business
- All revenue ranges
- All organization sizes
- Startups
Next steps
Activities funded
The Asia Market Development Program is designed to support companies in establishing a market presence and increasing sales in Asia. Eligible projects focus on developing sales strategies, connecting with potential clients, and addressing regulatory and marketing concerns.
- Development of a customized market-entry strategy specific to Asian markets.
- Participation in international sales development services over a defined period (10 or 20 days).
- Conducting opportunity assessments and formulating workplans tailored for Asia.
- Undertaking detailed market research focused on Asian countries.
- Receiving advice on marketing approaches and navigating regulatory issues in Asia.
- Engaging with in-market representation and attending trade shows in Asian regions.
- Organizing connections and meetings with potential clients or sales partners in Asia.
- Leveraging additional government funding for extended marketing efforts targeted at Asia.
Eligibility
Who is eligible?
Applicants must have an exportable product or service, demonstrate a commitment to executing an export-focused growth strategy, and contribute $5462.50 towards the cost of the consultant services. They should be experienced or export-ready companies with viable opportunities to sell outside of Atlantic Canada and must demonstrate an organizational commitment to fully executing an export growth strategy.Who is not eligible
There are specific types of companies that are not eligible for this grant if they:
- Do not have an exportable product or service
- Do not demonstrate a commitment to executing an export-focused growth strategy
Eligible expenses
This grant supports Atlantic Canadian companies in establishing an international presence and increasing sales in Europe or Asia. The eligible activities focus on strategic market entry and leveraging international opportunities.
- Development of a customized market-entry strategy.
- International sales development services lasting 10 or 20 days over several months.
- Conducting opportunity assessment meetings and creating a workplan.
- Performing detailed market research for opportunity analysis.
- Providing advice on marketing and regulatory issues.
- Offering in-market representation at trade shows and similar events.
- Facilitating connections and meetings with potential clients or sales partners.
- Access to government funding to support extended marketing efforts.
Eligible geographic areas
This grant is directed towards Atlantic Canadian companies seeking to expand their sales internationally. Only businesses from this specific region can apply to ensure support aligns with local development objectives.
- Companies located in Atlantic Canada, which includes Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland and Labrador.
Additional information
Here are additional relevant details for this grant:
- Applicants may be encouraged to explore complementary services or funding programs to enhance their export strategies.
- Applications are accepted on a continuous basis until the program's capacity limit is reached.
- Applicants will undergo an interview process with export development officers as part of the assessment.
- A contractual agreement with the Atlantic Chamber of Commerce is required after acceptance.
Documents and links
Contacts
Frequently Asked Questions about the Asia Market Development Program Program
What is the Asia Market Development Program?
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