Magnet — Export Business Portal
Last Update: January 24, 2025
Canada
Customized export opportunities and updates
Magnet — Export Business Portal at a glance
Eligible Funding
- No Condition
Timeline
- Open Date : July 9, 2024
Financing Type
Grant and Funding
Eligible Industries
- All industries
Grant Providers
- Magnet
Status
Open
Overview of the Magnet — Export Business Portal program
Use this free export business portal to match your business with relevant events and opportunities based on your export readiness, sector, location and goals.
Eligible projects & activities
Examples of admissible projects:
$ 350,000
R&D project to develop advanced AI algorithms for healthcare applications
$ 200,000
Introduction of digital transformation technologies in a cooperative credit union
$ 280,000
Expansion of a nonprofit community center to include renewable energy solutions
$ 175,000
Expansion of organic urban farms to increase local food production
$ 140,000
Implementation of sustainable practices in a local craft brewery
$ 100,000
Development of a new eco-friendly packaging solution for retail products
Eligibility criteria of the Magnet — Export Business Portal program
Eligibility for utilizing the Magnet Export Business Portal is determined by the following criteria:
- The company must be based in Canada.
- The business should be interested in exploring export markets and opportunities.
- The applicant must be willing to create a profile by providing information about the industry, location, and revenue.
Who is eligible?
There is no specific information about the types of companies or industries eligible for the opportunities offered by the Magnet Export Business Portal. It appears to be accessible to a wide range of Canadian businesses seeking to expand their export markets.
- Nothing
Who is not eligible
Some types of companies may not be eligible for this grant. Common restrictions include:
- Companies operating outside of Canada
- Non-profit organizations
- Companies in certain industries deemed ineligible
Eligible expenses
Eligible expenses for this grant include direct costs related to research and development activities, such as materials, equipment, and personnel salaries.
- Materials
- Equipment
- Personnel salaries
Eligibility criteria of the Magnet — Export Business Portal program
There are evaluation and selection criteria for this grant. The criteria include:
- Economic impact
- Feasibility of the project
- Innovation and technological development
- Environmental sustainability
How to apply to the Magnet — Export Business Portal program
1
Create a Profile
- Sign up on the Magnet Export Business Portal by creating an account.
- Provide details about your business, such as industry, location, and revenue.
2
Get Matched
Receive customized information and matches with support programs, resources, and funding opportunities that align with your business needs.
3
Plan for Success
Utilize the push notifications and information delivered to your inbox to stay informed about relevant export opportunities and resources.
Additional information
Here are additional relevant details about the Magnet Export Business Portal:
- The portal provides access to export-related events, helping businesses network and learn from industry leaders.
- Users can receive alerts about specific export opportunities tailored to their industry, enhancing the efficiency of their export strategy.
- The tool is supported by leading providers, ensuring reliable and up-to-date information on export markets.
- The platform's customization allows for a tailored experience, providing information that is most relevant to the user’s needs.
- Magnet aims to bolster the competitiveness of Canadian businesses on a global scale through innovative resource consolidation and dissemination.
Apply to this program
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