STEP Market Intelligence Services
SK, Canada
International intelligence for Saskatchewan businesses
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateJuly 09, 2024
- grant_single|grantStatusClosed
grant_single|financingType
Expert Advice
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Government of Saskatchewan
- Saskatchewan Trade and Export Partnership (STEP)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get access to foreign market assessments, competitive intelligence, customer and company lists, political risk analysis and more.
grant_single_labels|projects
This service is provided by SaskTrade, specifically for companies interested in engaging with Saskatchewan Trade & Export Partnership (STEP). The eligible geographical location is not explicitly defined within the context provided, but it aligns with entities involving international trade professionals and networks mentioned by STEP.
grant_single|admissibleProjectsExample
$70,000
Technology adoption and market development for renewable energy solutions in South America
$50,000
Developing a market entry strategy for sustainable packaging solutions in the European market
$60,000
Conducting competitive intelligence for fintech adoption in Asian emerging markets
grant_single_labels|admissibility
Eligibility for accessing STEP's Market Intelligence Service and Premium Membership is based on membership status and specific criteria.
- The company must be a member of STEP (Saskatchewan Trade and Export Partnership).
- The company must seek market intelligence services as outlined in STEP's offerings.
- To access Premium Membership services, the company is required to hold a Regular Membership and opt for a Premium Membership upgrade.
- Services are only available for companies not based in Saskatchewan or not STEP members, for certain credit report services.
grant_eligibility_criteria|who_can_apply
STEP's Market Intelligence service is designed to assist businesses that require access to customized and current market information for better decision-making.
- Businesses seeking market assessments and overviews to understand current market conditions.
- Companies requiring competitive intelligence and analysis to stay ahead of competitors.
- Organizations needing customer and company lists for targeted marketing efforts.
- Firms interested in understanding political risks affecting their market operations.
- Businesses requesting detailed tariff and regulatory information to comply with international trade requirements.
- STEP Premium Members are eligible for additional products such as rapid response market intelligence services, customizable market reports with secondary research, and company background reports through D&B Finance Analytics, excluding Saskatchewan companies or other STEP members.
grant_eligibility_criteria|who_cannot_apply
Some types of companies may not be eligible for this grant, including:
- Non-profit organizations
- Government entities
- Businesses outside of Canada
grant_eligibility_criteria|eligible_expenses
Eligible projects or activities for this grant are those focused on gathering and utilizing market intelligence to support strategic decision-making within businesses. The program provides tailored research services to equip businesses with the necessary information for informed decision-making.
- Market assessments and overviews to understand market dynamics and potentials.
- Competitive intelligence and analysis to identify industry trends and competitors' strengths and weaknesses.
- Creation of customer and company lists for targeted marketing and outreach efforts.
- Political risk analysis to assess the geopolitical landscape that might affect business operations.
- Extracting tariff and regulatory information critical for international trade and compliance.
- Customized Market Research Reports including secondary research tailored to specific business needs.
- Rapid Response Market Intelligence Service for expedited access to market insights.
grant_eligibility_criteria|zone
The grant does not explicitly list eligible expenses in the information provided; however, inferences about allowable costs can be made based on the services and benefits described.
- Access to secondary (desk) research reports.
- Customized market research reports, including supplementary primary research when feasible.
- Access to premium market intelligence services for up to 100 hours/year, with fees applicable thereafter.
- Rapid response market intelligence services, subject to specified conditions.
- One Dun & Bradstreet Finance Analytics credit report on a North American company per fiscal year, excluding Saskatchewan companies and STEP members.
grant_single_labels|criteria
The evaluation and selection of projects for this grant are based on specific criteria to ensure that the market intelligence services provided align with the needs of the business and the grant’s objectives.
- Clarity of business informational requirements.
- Relevance and specificity of customized report needs.
- Potential for actionable insight based on market intelligence.
- Utilization of membership and service hours (Regular vs. Premium).
- Feasibility of primary research supplementation where gaps exist.
grant_single_labels|register
Here are the steps to submit an application for the Market Intelligence Services grant:
- Step 1: Initial Consultation
- Contact Jeff Thackeray, Senior Director, Market Intelligence, by phone or email to discuss your application needs.
- Define your business's informational requirements with the assistance of STEP's Market Intelligence Unit.
- Step 2: Membership Selection
- Choose between Regular Membership and Premium Membership based on your company's needs and the level of service required.
- Step 3: Service Agreement
- Establish a service agreement detailing the specific market intelligence services your company requires.
- Agree on the number of hours allocated for research and tailor the services to your business objectives.
- Step 4: Application Completion
- Complete any necessary application forms in collaboration with STEP's Market Intelligence Unit.
- Prepare supported documents if required such as business objectives and expected outcomes.
- Step 5: Submission
- Submit your application and supporting documents to STEP through the agreed communication channel, such as email.
- Step 6: Confirmation and Follow-up
- Receive a confirmation of your application submission from STEP.
- Follow up for any further requirements or clarifications needed to complete your application process.
grant_single_labels|otherInfo
Here are additional relevant details for this service:
- STEP’s Market Intelligence Service is designed to provide customized reports based on the business’s specific information needs.
- The service utilizes over $100,000 in subscription resources to access the latest primary data.
- Primary research is supplemented by information from government, industry, and private sector sources when necessary.
- Premium Membership includes additional hours for customized research and access to expedited services.
- The Rapid Response Market Intelligence Service is available for urgent requests, utilizing the yearly allocated service hours.
- Premium Members receive an annual Dun & Bradstreet Finance Analytics credit report on a North American company.
grant_single_labels|contact
jthackeray@sasktrade.sk.ca
3065303914
Apply to this program
Empower Your Business with STEP's Market Intelligence Grant
This grant offers businesses the opportunity to leverage extensive market intelligence resources to enhance their decision-making processes. It aims to equip companies with essential information and analytics to confidently navigate dynamic market conditions.
In-Depth Insights into STEP's Market Intelligence Grant
In the fast-paced world of business, making well-informed decisions is critical for success. However, many businesses often face the challenge of making these pivotal choices based on incomplete or outdated information. Recognizing this, STEP’s Market Intelligence Unit provides an invaluable service that enables businesses to access current, accurate, and actionable market data tailored specifically to their needs.
With a focus on secondary research and supplemented by primary research where feasible, the Market Intelligence Unit offers comprehensive and customized reports that cut through the clutter of available information. This ensures that businesses receive clear and concise data essential for informed decision-making. By leveraging over $100,000 worth of subscription-based industry resources, STEP promises access to the latest primary and secondary data, ensuring that the information provided is not only accurate but also up-to-date.
Among the diverse array of reports available, companies can request market assessments, competitive intelligence, political risk analysis, and more. The flexibility of these services is further enhanced for STEP's Premium Members, who benefit from additional research hours and rapid response services. These members can take advantage of up to 100 hours of customized market research annually, with the option to receive expedited intelligence services within just three business days. This rapid access to information can be transformative for businesses that need to act quickly in response to evolving market conditions.
The grant services also include unique offerings such as trade mission intelligence and premium membership enhancements. Businesses can gain critical insights into industry trends, regulatory changes, and market opportunities that can significantly impact their growth strategies. By understanding political risks, regulatory frameworks, and market dynamics, businesses are better positioned to mitigate risks and capitalize on opportunities.
Furthermore, STEP provides an edge through its network of international trade professionals. When existing data sources do not fully address a business's needs, this network can be tapped into to provide deeper insights and perspectives from experienced trade staff and foreign industry experts. This global perspective is invaluable for companies looking to expand their reach and compete internationally.
In summary, STEP’s Market Intelligence Grant stands out as a comprehensive solution for businesses aiming to harness the power of information for strategic decision-making. By providing tailored, actionable insights, it helps businesses not only react to market changes but proactively adapt and thrive in a competitive landscape. The enhanced services for Premium Members further underline the commitment to delivering bespoke solutions that align with specific business objectives, ultimately fostering growth and competitive advantage.
