STEP Market Access Program
SK, Canada
Funding to help Saskatchewan businesses market domestically and internationally
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|fromMinToMax
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateJuly 9, 2024
- grant_single|closingDateJuly 9, 2024
- grant_single|grantStatusClosed
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Government of Saskatchewan
- Saskatchewan Trade and Export Partnership (STEP)
grant_single|status
grant_card_status|closed
grant_single_labels|preview
Contributions of up to $8,000 per year to offset expenses incurred to exhibit in a trade show, trade event, or trade mission in a new export market outside of Saskatchewan.
grant_single_labels|terms_and_conditions
The STEP Market Access Program provides financial assistance to ensure effective market expansion and marketing efforts for Saskatchewan businesses. The funding is structured to cover eligible costs through a reimbursement model.
- Reimbursement of up to 50% of eligible costs for an initial visit to a new market.
- Reimbursement of up to 30% for up to two follow-up visits to a new market within 24 months.
- Reimbursement of up to 30% for participation without exhibiting in a STEP-led mission with a trade show component.
- Maximum of $8,000 reimbursement per fiscal year for Regular STEP Members, and $10,000 for Premium Members.
- Non-repayable contribution from MAP towards the eligible expenses within specified limits.
- Applications must include a minimum overall cost threshold of $1,000 to qualify for funding.
grant_single_labels|projects
The STEP Market Access Program (MAP) supports activities that enhance the marketing efforts of member companies in new export markets outside of Saskatchewan. Eligible activities focus on facilitating participation in trade events and expanding into new market sectors.
- Exhibiting in a trade show or trade event in a new export market outside of Saskatchewan.
- Participating in a STEP-led trade activity to a new export market.
- Attendance at trade shows, business meetings, and industry conferences with a defined sales/marketing component for premium members.
grant_single|admissibleProjectsExample
$ 8,000
Attend the Eco-Friendly Products Fair in Tokyo to introduce eco-friendly products
$ 7,500
Participate in the Tech Innovation Expo in Munich to expand into the European market
$ 8,000
Exhibit at the International Renewable Energy Conference in Madrid, Spain
$ 8,000
Attend the Global Tech Expo in Berlin, Germany to showcase new software solutions
grant_single_labels|admissibility
Eligibility for the Market Access Program (MAP) is determined by specific requirements related to the company's membership and proposed activities.
- The company must be a Regular or Premium member of the Saskatchewan Trade & Export Partnership (STEP).
- The company must be looking to enter a new market or sector outside of Saskatchewan, or make a return visit within 24 months without significant sales in that market.
- Applications must be submitted at least 45 days prior to the proposed trade activity.
- Companies can submit a maximum of three (3) applications per fiscal year for Regular STEP members, and four (4) for Premium STEP members.
- Each application must pertain to activities such as exhibiting at or participating in trade shows, trade events, or STEP-led trade missions.
grant_eligibility_criteria|who_can_apply
STEP members interested in the Market Access Program (MAP) must meet specific eligibility and funding criteria to apply. Both Regular and Premium STEP Members have distinct application limits and reimbursement capacities under the program.
- Regular STEP Members can apply for up to three applications per fiscal year with a maximum reimbursement of $8,000.
- Premium STEP Members can apply for up to four applications per fiscal year with a maximum reimbursement of $10,000.
- Applicants must be entering a new market or returning to a new market within 24 months of initial visits.
- Applications must involve exhibiting or participating in trade shows or STEP-led activities outside Saskatchewan.
- Eligibility includes costs related to travel, accommodations, trade show expenses, and translation or interpretation services.
grant_eligibility_criteria|who_cannot_apply
Based on the grant context provided, there are no specific types of companies mentioned that are not eligible for the grant.
grant_eligibility_criteria|eligible_expenses
The Market Access Program (MAP) offers funding to STEP members for their efforts in exploring and penetrating new markets beyond Saskatchewan. It provides financial support for various marketing and trade-related activities to facilitate market entry and expansion.
- Exhibiting in a trade show or trade event in a new export market outside of Saskatchewan.
- Participating and/or exhibiting in a STEP-led trade activity to a new export market.
- Attendance at trade shows, business meetings, and industry conferences in current and prospective markets for Premium Members.
grant_eligibility_criteria|zone
This grant is available to companies located in Saskatchewan, as per the membership requirements of the funding body. Eligibility is targeted to support regional economic development and market expansion.
- Companies based in Saskatchewan, Canada.
grant_single_labels|criteria
The evaluation and selection criteria for the Market Access Program (MAP) determine the suitability of applicants and their proposed activities. The criteria ensure that the funded projects align with the program's objectives and offer potential for market expansion.
- Eligibility of the applicant: Regular or Premium STEP members.
- Type of activity: Exhibiting or participating in trade shows, STEP-led trade activities, business meetings, or industry conferences with a sales/marketing component.
- New market focus: Activities related to new market entry or return visits within 24 months.
- Submission timeline: Applications must be received no later than 45 days prior to the proposed visit.
- Funding scope: Up to 50% reimbursement for new market visits, and 30% for return visits or participation in STEP-led missions with a trade show component.
- Minimum overall cost of individual funding application: $1,000.
- Maximum reimbursement limits per fiscal year: $8,000 for Regular members, $10,000 for Premium members.
grant_single_labels|register
Here are the steps to submit an application for the Market Access Program (MAP):
- Step 1: Check Eligibility
- Ensure your company is a Regular or Premium Member of STEP.
- Verify that your marketing activity meets the criteria for entering a new market or returning within 24 months.
- Step 2: Prepare Application
- Gather detailed information about the market and event you target.
- Prepare a budget outlining the eligible costs and anticipated reimbursement.
- Collect supporting documents that may be required, such as proof of STEP membership or employee status.
- Step 3: Complete Application Form
- Access the application form provided by STEP.
- Fill out the form with accurate and comprehensive details about your company's planned activities and related costs.
- Step 4: Submit Application
- Submit your application at least 45 days prior to the proposed visit to the trade show or event.
- Ensure all necessary documentation is attached, and the application is completed correctly.
- Step 5: Confirmation and Follow-Up
- Receive confirmation of receipt from STEP.
- Follow up if you receive no confirmation or additional information is requested.
- Step 6: Compliance and Reporting
- If approved, adhere to any compliance requirements outlined by STEP.
- Prepare to report back on outcomes related to the reimbursement, as necessary.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- Non-repayable contributions will not exceed 50% for the initial visit to a new market and 30% for follow-up visits or participating without exhibiting in a STEP-led mission.
- A maximum of three (3) funded applications are allowed per fiscal year for Regular Members, whereas Premium Members can submit up to four (4) applications.
- For all grant applications, the minimum overall cost must be at least $1,000 for consideration.
- Eligibility of representatives' expenses requires them to be full-time employees of the company applying for the grant.
grant_single_labels|contact
inquire@sasktrade.sk.ca
306-933-6551
