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Trade Market Intelligence Service - NS - Canada

Trade Market Intelligence Service

Last Update: January 24, 2025
NS, Canada
Market research support in Nova Scotia

Trade Market Intelligence Service at a glance

Eligible Funding
  • No Condition
Timeline
  • Continuous Intakes
Financing Type
Expert Advice
Eligible Industries
  • All industries
Grant Providers
  • Government of Nova Scotia
  • Invest Nova Scotia
Status
Open

Overview of the Trade Market Intelligence Service program

Receive critical market and trade intelligence to help you identify export opportunities for your products, services and markets of intelligence.

Eligible projects & activities

The Trade Market Intelligence Service enables Nova Scotia companies to explore new market opportunities by providing tailored research insights. This initiative focuses on delivering comprehensive analyses and reports to aid in strategic decision-making for market entry.
  • Competitor analysis to assess market positioning and strengths.
  • Examination of trade regulations including import and export requirements to ensure compliance.
  • Study of market characteristics such as demand, size, value, and trends to understand potential for growth.
  • Marketing research encompassing trade shows and promotional events for effective outreach strategies.
  • Information on industry certifications and standards for new market entry alignment.
Examples of admissible projects:

$ 40,000

Launch an export readiness program for artisan food producers

$ 64,000

Organize an international trade fair for local craft manufacturers

$ 80,000

Develop new software tools to help small businesses export goods to international markets

$ 48,000

Implement a digital marketing strategy to maximize online sales in global markets

$ 56,000

Develop a specialized training program for export compliance in international logistics

$ 52,000

Establish a cooperative network to enhance the export capabilities of local organic farmers

Eligibility criteria of the Trade Market Intelligence Service program

Eligibility for the Trade Market Intelligence (TMI) service is based on several specific criteria.
  • The business must be a revenue-generating entity based in Nova Scotia.
  • It should have less than 75 full-time equivalent employees (FTEs).
  • The company must be export ready or planning to diversify exports within the next 6 months.
  • Project questions should be relevant to decision-making for upcoming market entry plans.
  • The business must be engaged and referred by a Regional Business Development Advisor or Export Development Executive.

Who is eligible?

Eligible applicants for the Trade Market Intelligence (TMI) service must be Nova Scotia-based businesses that are revenue-generating with less than 75 full-time employees (FTEs), and are export-ready or planning to diversify exports within the next six months. Additionally, they should be referred by a Regional Business Development Advisor or Export Development Executive.

Eligible expenses

The Trade Market Intelligence (TMI) Service provides valuable market research to Nova Scotia businesses, enabling them to expand and diversify within the export market. Eligible activities under this service include comprehensive analyses and strategic insights tailored to the unique needs of businesses.
  • Conducting competitor analysis to better understand the market landscape.
  • Reviewing trade regulations and import/export requirements to ensure compliance.
  • Analyzing market characteristics such as demand, size, value, and trends.
  • Conducting marketing research focusing on trade shows, events, and promotional mediums.
  • Providing information on industry certifications and standards.

Eligible geographic areas

The Trade Market Intelligence Service is available for businesses that are based in Nova Scotia. Eligible companies should be engaged prior to applying through regional contacts to ensure effective support and collaboration.
  • South Shore Region (Lunenburg, Queens, Shelburne)
  • Western Region (Yarmouth, Digby)
  • Valley Region (Annapolis, Kings, Hants)
  • Northern Region (Cumberland, Colchester)
  • Northeastern Region (Pictou, Antigonish, Guysborough)
  • Cape Breton Region (Cape Breton, Richmond, Inverness, Victoria)
  • Halifax Regional Municipality

How to apply to the Trade Market Intelligence Service program

1
Contact Regional Business Development Advisor
  • Find your local Regional Business Development Advisor using the contact information provided.
  • Reach out to the advisor to discuss your eligibility and needs.
  • Obtain your Invest Nova Scotia Customer Number.
2
Receive Application Link
  • Your Regional Business Development Advisor will provide you with the application link.
  • Ensure you have your Invest Nova Scotia Customer Number ready for the application.
3
Complete Online Application
  • Follow the provided link to access the online application form.
  • Use your Invest Nova Scotia Customer Number and associated email for two-step identity verification.
  • Enter the one-time code sent to your email to verify your identity.
  • Fill out the application form with the required information.
4
Submit Application
  • Review the completed application form for accuracy and completeness.
  • Submit the application through the online portal.

Contact Government of Nova Scotia

902-424-8670

Apply to this program

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