1 A Global Growth Fund Program. Ontario Chamber of Commerce 60,000 members through 160 independent...

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1 A Global Growth Fund Program

Transcript of 1 A Global Growth Fund Program. Ontario Chamber of Commerce 60,000 members through 160 independent...

Page 1: 1 A Global Growth Fund Program. Ontario Chamber of Commerce 60,000 members through 160 independent chambers of commerce and boards of trade province wide.

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A Global Growth Fund Program

Page 2: 1 A Global Growth Fund Program. Ontario Chamber of Commerce 60,000 members through 160 independent chambers of commerce and boards of trade province wide.

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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Page 3: 1 A Global Growth Fund Program. Ontario Chamber of Commerce 60,000 members through 160 independent chambers of commerce and boards of trade province wide.

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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Page 4: 1 A Global Growth Fund Program. Ontario Chamber of Commerce 60,000 members through 160 independent chambers of commerce and boards of trade province wide.

General Guidelines

Eligible costs are shared 50/50 between OCC and applicant

Non repayable grant

Maximum grant $30,000

Two approved applications per year4

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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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Page 7: 1 A Global Growth Fund Program. Ontario Chamber of Commerce 60,000 members through 160 independent chambers of commerce and boards of trade province wide.

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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Page 9: 1 A Global Growth Fund Program. Ontario Chamber of Commerce 60,000 members through 160 independent chambers of commerce and boards of trade province wide.

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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Page 12: 1 A Global Growth Fund Program. Ontario Chamber of Commerce 60,000 members through 160 independent chambers of commerce and boards of trade province wide.

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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Page 13: 1 A Global Growth Fund Program. Ontario Chamber of Commerce 60,000 members through 160 independent chambers of commerce and boards of trade province wide.

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

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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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