Trade Commissioner Service — CanExport Community Investment
Canada
Funding to attract foreign direct investment
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|fromMinToMax
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateSeptember 5, 2023
- grant_single|closingDateSeptember 29, 2023
- grant_single|grantStatusClosed
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Government of Canada
- Global Affairs Canada (GAC)
- Trade Commissioner Service (TCS)
grant_single|status
grant_card_status|closed
grant_single_labels|preview
<p>Get a contribution between $3,000 and $500,000 to cover up to 50% of eligible expenses. The program is intended to support communities and non-profit organizations to attract, retain and expand their foreign direct investment (FDI) activities that will he</p>
grant_single_labels|terms_and_conditions
This program offers financial support through non-repayable grants designed to aid communities in enhancing their foreign direct investment activities. The funding terms ensure shared responsibility between the provider and the recipient.
- Non-repayable grants are available ranging from $3,000 to $500,000.
- Funding covers up to 50% of eligible expenses, promoting joint investment in projects.
- Agreements are structured for a one-year duration, spanning from April 1 to March 31.
grant_single_labels|projects
The CanExport Community Investments program funds projects designed to enhance a community's ability to attract and manage foreign direct investment. The eligible activities are focused on improving community infrastructure and organizational capability to support foreign investments.
- Development of investment attraction strategies and marketing tools.
- Organization of investment promotion and community partnership events.
- Enhancement of infrastructure to support new business developments.
- Conducting research to identify potential markets and investors.
- Building capacity within organizations to manage and sustain foreign investments.
grant_single|admissibleProjectsExample
$ 30,000
Conduct market research to attract foreign tech companies to establish offices
$ 50,000
Establish a program to support foreign investors's ocean tech industry
$ 35,000
Create promotional activities to attract European biotech startups to Ottawa
$ 75,000
Implement a legal framework to attract Asian financial firms to Calgary
$ 40,000
Develop marketing materials for attracting European investors to Vancouver's green tech sector
$ 60,000
Participate in international trade shows to promote Montreal as a hub for aerospace investment
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's community or organizational status.
- The applicant must be a community seeking to improve their capacity to attract, retain and expand foreign direct investment (FDI).
- The applicant can be a non-profit partnership at the local community level.
- The activities proposed must align with the purpose of creating jobs for Canadians, supporting innovation, and increasing exports.
grant_eligibility_criteria|who_can_apply
Communities and non-profit partnerships that aim to improve their capacity to attract, retain, and expand foreign direct investment (FDI) are eligible to apply for the CanExport Community Investments grant. This includes local community-level non-profit organizations seeking funding support for FDI-related activities.
grant_eligibility_criteria|who_cannot_apply
Some types of companies are not eligible for this grant. These include:
- For-profit organizations
- Investment firms
- Businesses not directly affiliated with community improvements
grant_eligibility_criteria|eligible_expenses
The CanExport Community Investments program provides financial support to communities and non-profit organizations for eligible expenses to help them attract, retain, and expand foreign direct investment activities. Eligible expenses include but are not limited to:
- Market research and analysis
- Program delivery and project management costs
- Trade show participation fees
- Marketing materials and promotional activities
- Consulting fees related to FDI attraction
- Travel costs for investment missions and delegations
- Legal and professional fees
grant_eligibility_criteria|zone
The CanExport Community Investments program does not specify particular eligible geographical areas for grant applicants within the provided information. Applications seem to be open to communities and non-profits throughout Canada without regional restrictions mentioned.
grant_single_labels|criteria
The CanExport Community Investments program has evaluation and selection criteria to assess project proposals:
- Alignment with program objectives
- Demonstrated capacity to attract, retain, and expand foreign direct investment
- Clear project plan and timeline
- Expected impact on job creation, innovation, and exports
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Preliminary Registration
- Watch the registration video to understand the registration process for the CanExport Community Investments program.
- Register your organization on the funding provider's portal to create an account and gain access to the application system.
- Step 2: Prepare Application
- Draft a comprehensive proposal detailing how you plan to attract, retain, or expand Foreign Direct Investment (FDI) in your community.
- Prepare supporting documentation, including a detailed budget, project timelines, and any necessary letters of support from partners or stakeholders.
- Ensure that the proposal aligns with the funding criteria and objectives of the CanExport Community Investments program.
- Step 3: Submit Application
- Log into the funding body’s portal with your registered account to access the submission area.
- Upload all required documents, ensuring that each file is accurately named and formatted according to guidelines.
- Complete the online application form, providing all requested information and double-checking for accuracy and completeness.
- Submit the application before the deadline of September 29th, 2023.
- Step 4: Confirmation of Submission
- Receive an automated confirmation email with your application number upon successful submission.
- Retain the confirmation email and application number for your records and future reference.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- Non-repayable grants are offered, meaning recipients do not need to return the funds.
- The funding period is aligned with the fiscal year, running from April 1 to March 31.
- Proposals for the upcoming year are only accepted during a specified application window.
