Magnet — Export Business Portal
grant_single|update January 24, 2025
Canada
Customized export opportunities and updates
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDate July 9, 2024
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Magnet
grant_single|status
grant_card_status|open
grant_single_labels|preview
Use this free export business portal to match your business with relevant events and opportunities based on your export readiness, sector, location and goals.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$ 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
$ 175,000
Expansion of organic urban farms to increase local food production
$ 140,000
Implementation of sustainable practices in a local craft brewery
$ 280,000
Expansion of a nonprofit community center to include renewable energy solutions
$ 100,000
Development of a new eco-friendly packaging solution for retail products
grant_single_labels|admissibility
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.
grant_eligibility_criteria|who_can_apply
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
grant_eligibility_criteria|who_cannot_apply
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
grant_eligibility_criteria|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
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. The criteria include:
- Economic impact
- Feasibility of the project
- Innovation and technological development
- Environmental sustainability
grant_single_labels|apply
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grant_single_labels|otherInfo
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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