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Transcript of 1 A Global Growth Fund Program. Ontario Chamber of Commerce 60,000 members through 160 independent...
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A Global Growth Fund Program
Ontario Chamber of Commerce
60,000 members through 160 independent chambers of commerce and boards of trade province wide.
As the most diverse and influential business group in the province, the OCC works closely with governments, labour, academia and various other groups to create a stronger and more vibrant economy in Ontario and the surrounding regions.
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Export Market Access (EMA)
Objectives:
To help SMEs:◦Seek out, access and expand in
global markets
◦Increase export sales of Ontario goods and services
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General Guidelines
Eligible costs are shared 50/50 between OCC and applicant
Non repayable grant
Maximum grant $30,000
Two approved applications per year4
Eligible Applicants
Between 5 and 500 employees
Minimum annual sales of $500,000
A registered company for at least 2 years
Established and operating in Ontario
Existing goods and services produced in Ontario
Cannot be in receipt of public funds towards activities contained in the application other than from MEDI
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Eligible Activities
Direct Contacts
Marketing Tools
Market Research
Foreign Bidding Projects
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Direct ContactsInternational trade shows, fairs
and exhibitsIncoming or outgoing missionsMust be verifiable and supported
by third partyPreference to applicants with
market entry plan that demonstrates product is acceptable to target market
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Marketing Tools
Developing Promotional material
Translating Promotional documents
Developing display panels or information booths
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Market Research
Conducting precise market research
Contracting market research on market size, trends, competitor activity, buying attitudes etc.
Developing international marketing/market entry plan
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Foreign Bidding ProjectsFor the providers of professional
services bidding on foreign projects against foreign competition
Not intended for:◦Foreign joint ventures, unsolicited proposals
or bids◦Where there are no foreign companies
bidding or being considered for the project. Support for foreign bidding includes:
◦Pre-feasibility studies◦Proposal preparation at the pre-contractual
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Strategic FundingSelected companies may be eligible
for up to $60,000 over a 12 month period and includes up to four eligible events.
To be eligible companies must:◦ have successfully completed a previous
EMA application and generated significant export sales and job creation as a result of the approved project; and
◦ be nominated for consideration by a representative from MEDI.
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Non-eligible Costs Shipping of product samples for sale Travel to Canada for consultants hired by applicant Travel within Canada for applicant officials Web site hosting Salaries and commissions All recoverable taxes Capital costs such as furniture computers etc. Entertainment and hospitality Postage and courier fees Building web applications Creating content for web sites Creating on-line tools E-news letters/e-commerce portals Cost to modify existing products or packaging for foreign
standards/regulations Purchase of software applications
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Evaluation Criteria
Eligibility of activities and expenditures and the linking to EMA objectives
Financial and management capability of the applicant
Level of funding requested in relation to performance measures
Validation of expected results13
Getting Started
Go to www.exportaccess.ca
Check eligibility criteria
Review EMA Application Guide for detailed program information
Follow instructions in the EMA Guide to the On-Line Application Process to complete the application
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An initiative of