Securing adequate financing is an important aspect of preparing your company to enter new markets, expand in existing markets and take advantage of opportunities as they arise.
- Discuss your needs with potential financiers early in the planning phase.
- Ensure that plans are in place to manage the financial risk during an export transaction.
Government of Alberta resources:
The Government of Alberta has programs designed to help Alberta companies export their products and services.
- Export Support Fund
- This fund supports Alberta small and medium-sized enterprises (SMEs) looking to enter new international markets – or a country that currently represents 10% or less of the company’s sales from the previous year. Eligible companies will be reimbursed between $2,000 and $20,000 per year for a select range of approved export activities.
- Growing Forward 2 (GF2)
- GF2 provides programs and services to achieve a profitable, sustainable, competitive and innovative agriculture, agri-food and agri-products industry that is market-responsive, and that anticipates and adapts to changing circumstances and is a major contributor to the well-being of Canadians.
Export Development Canada resources:
The Export Development Canada website has a lot of information about export financing and managing risk.EDC Export Financing Resources
- Find out about programs and supports for Canadian exporters.
- EDC Solutions for Canadian Exporters
- Find solutions for insurance, financing, working capital, bonding and more.
- Canada Business Network - Export Financing
- Find links to external financing programs available to Alberta exporters.
- Business Development Bank - Financing
- Explore options for small business loans.
Step-by-step export guide
Assess your export potential, establish a target market, and develop an export plan with the Department of Foreign Affairs and International Trade Canada’s guide.
Date Updated: Fri, 25 Nov 2016 03:57:09