Magnet — Export Business Portal
Canada
Customized export opportunities and updates
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateJuly 09, 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
This program does not specify particular eligible geographical areas for companies. It appears to be intended for Canadian businesses generally.
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
$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
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_eligibility_criteria|zone
Eligible companies for this grant must be located in Canada. The program is designed to help Canadian businesses expand into international markets.
- Canada
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|register
Here are the steps to utilize the Magnet Export Business Portal:
- Step 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.
- Step 2: Get Matched
- Receive customized information and matches with support programs, resources, and funding opportunities that align with your business needs.
- Step 3: Plan for Success
- Utilize the push notifications and information delivered to your inbox to stay informed about relevant export opportunities and resources.
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
A Gateway to Global Business: Magnet Export Business Portal
The Magnet Export Business Portal empowers Canadian businesses by providing access to customized export events, resources, and opportunities to expand into international markets. Designed to enhance growth, competitiveness, and profitability, this portal streamlines the process of finding and seizing global market opportunities.
Transforming Canadian Businesses with Customized Export Support
The Magnet Export Business Portal is a strategic initiative designed to propel Canadian businesses onto the international stage, offering a streamlined approach to accessing a wealth of export-related resources and opportunities. Through its intuitive platform, the portal delivers a personalized experience, allowing businesses to leverage targeted information that aligns with their specific industry and export ambitions. The fundamental objective of the portal is to support businesses in broadening their horizons, thus facilitating accelerated growth, competitiveness, and innovation by venturing beyond domestic boundaries.
At the core of the Magnet portal’s functionality lies its ability to curate a wealth of information from leading export bodies, thereby providing a consolidated resource for businesses aiming to enhance their export capabilities. By creating a detailed profile that encompasses your industry, location, and revenue, the portal provides tailored updates about export services, funding opportunities, and trade missions directly to your inbox. This model not only saves time but also ensures that the information received is pertinent and actionable, helping businesses to capitalize on opportunities in a timely manner.
The portal emphasizes the importance of exporting as a critical business growth strategy. Historically, exporters have demonstrated faster growth compared to non-exporters, primarily due to access to larger markets and diverse customer bases. By fostering competitiveness, the portal aids businesses in becoming more innovative and productive, thereby enhancing their overall profitability and sustainability in the marketplace. This process is facilitated through the portal’s push notifications, keeping businesses updated with the latest opportunities and resources.
One of the standout features of the Magnet Export Business Portal is its focus on educational and logistical support. By informing businesses of new trade missions and export opportunities that are specifically tailored to their needs, it allows Canadian businesses to pursue international markets with confidence. Moreover, by integrating funding and resource information seamlessly into the user dashboard, businesses can plan strategically for expansion, allocating resources effectively to maximize export potential.
The portal’s user-friendly design emphasizes ease of use, enabling businesses to get started with just a few clicks. This accessibility ensures that even small and medium-sized enterprises (SMEs), which might otherwise be intimidated by the complexities of exporting, can confidently pursue international expansion. The no-cost nature of signing up further reduces barriers to entry, allowing a wide range of businesses to take advantage of the comprehensive support services provided.
Ultimately, the Magnet Export Business Portal serves as a crucial tool in the broader context of Canadian economic development. By encouraging businesses to look beyond the relatively small domestic market and tap into the vast opportunities available globally, it contributes not only to the success of individual businesses but also to the overall competitiveness and innovation of the Canadian economy. Through careful curation and delivery of export-related information, the portal represents a leading edge in export market facilitation, setting Canadian businesses on a path to sustained global success.
