Canada Launches International Expansion Support for SMEs
The CanExport SMEs Program for 2026–27 is offering Canadian small and medium-sized enterprises (SMEs) $10,000 to $50,000 per project to expand into new international markets. Delivered by Canada’s Trade Commissioner Service (TCS), the program shares up to 50% of eligible costs, aiming to reduce financial risk and boost global competitiveness.
Trade Diversification Beyond the U.S.
Aligned with Canada’s Trade Diversification Strategy, CanExport SMEs encourages companies to target markets outside the United States. The program will reserve $3.1 million for U.S.-focused projects while maintaining a $31 million total funding envelope. Eligible projects can range from $20,000 to $100,000, with all costs required to be cash expenses.
Eligibility Criteria Tightened
Applicants must be for-profit companies legally incorporated in Canada, with 3–500 employees and annual revenues between $300,000 and $100 million. Sectors like agriculture, recreational cannabis, and fossil fuels are excluded, while emphasis is placed on defence and dual-use technologies. Only one project per company is allowed, and all applications must be submitted by an authorized signatory.
Program Impact on Canadian SMEs
By providing financial support, the program helps Canadian businesses build long-term export capacity, strengthen Canada’s global commercial presence, and align trade initiatives with national policy. SMEs are encouraged to design focused projects and carefully review sector rules to maximize funding success.
Application Deadline Approaches
Applications for the 2026–27 intake are open until May 29, 2026. Companies seeking to enter foreign markets can apply online through the CanExport SMEs portal.
