CEIM — Coaching and Consulting Services

To be eligible for this grant, companies must meet several specific criteria.

• The business must be registered and operating in Canada.
• The company must have a comprehensive business plan and strategic objectives outlined.
• Applicants must demonstrate a need for funding to enhance market potential or commercial tactics.
• The business should show a capability in human resource management and financial planning.
• The company must have a commitment to innovation, such as developing new go-to-market strategies or commercialization tactics.
• There must be evidence of sound financial management and capability to comply with tax and audit requirements.
• Applicants need to demonstrate potential for business development, both domestic and international.

Who is eligible?

This grant can potentially apply to a wide range of businesses and professionals including startups, small and medium-sized enterprises (SMEs), large corporations, and self-employed professionals that are operating within various sectors requiring strategic and financial planning, human resources, accounting, and commercialization support.

Eligible expenses

The grant facilitates a broad array of business development and expansion activities commonly relevant to different stages of a company's growth and market presence. These eligible projects focus on strategic planning, resource management, and market engagement to enhance business success.

• Evaluation of market potential and development of go-to-market strategies.
• Comprehensive business planning, including strategic and financial planning.
• Building and leveraging partnerships and financing strategies.
• Enhancement of human resource management and development systems.
• Improvement of bookkeeping and management control systems.
• Conducting commercial diagnostics and creating commercialization tactics.
• Lead generation through inbound and outbound strategies.
• Design and execution of SEO and SEM campaigns.
• Outsourcing of sales representatives to optimize market reach.
• Providing sales and customer service coaching and training programs.
• Fostering international business development initiatives.
• Comprehensive accounting services including tax and audit management.
• Company incorporation and development of shareholders agreements.
• Drafting employment contracts and establishing licensing/distribution agreements.
• Management and acquisition of intellectual property rights.
• Claiming R&D tax credits to foster innovation and development.

The evaluation and selection of projects for this grant are based on specific criteria with allocated point scores to ensure alignment with the grant’s objectives.

• Innovation and originality of the project proposal.
• Feasibility and clarity of the implementation plan.
• Alignment with the grant’s strategic goals.
• Potential impact on the targeted community or sector.
• Cost-effectiveness and efficient use of resources.

The grant encompasses a comprehensive range of business development activities aimed at improving various facets of a company's growth strategy, operational efficiency, and market reach.

• Projects can span across strategic financial planning and enhancement of management practices.
• It supports the establishment of legal frameworks such as incorporation and shareholders agreements.
• Provides extensive help with human resources and training programs to ensure a skilled workforce.
• Encourages leveraging intellectual property and implementing robust sales strategies.
• Capable of facilitating international expansion for eligible businesses.
• Emphasis on innovation through R&D tax credits and commercialization tactics.