Alberta Export Expansion Program
Highlights
The Alberta Export Expansion Program (AEEP) is designed specifically for businesses like yours, aiming to expand into international markets. This program offers funding to offset travel-related costs for attending formal outbound trade events. By participating, you can enhance your access to global buyers and increase your market reach.
Why should you apply?
- Financial Support: Receive funding to cover travel expenses, making it easier to explore new markets.
- Market Diversification: Gain opportunities to attract international buyers and grow your business globally.
- Government Backing: Benefit from a program supported by the Government of Alberta, ensuring reliability and credibility.
What's in it for you?
- Cost Savings: Reduce the financial burden of international travel.
- Business Growth: Expand your customer base and increase sales by entering new markets.
- Easy Qualification: The program is designed to be accessible, ensuring that eligible businesses can easily apply and benefit.
Applying for the AEEP can significantly boost your business's international presence and growth potential. Take advantage of this opportunity to expand your horizons with the support of the Alberta government.
Financing Details
Type of Financing: Grant
Eligible Expenses:
- Travel costs for attending international trade events.
- Accommodation and meals during trade missions.
- Costs related to shipping samples to potential buyers.
- Marketing materials for international markets.
- Fees for trade show participation.
Use of Funds:
- Funds cannot be used for general operational expenses.
- Funds cannot be used for salaries or wages.
- Funds cannot be used for capital purchases or equipment.
Fees:
- No application fees.
- No processing fees.
- No repayment required.
Qualifications
- Must be a small or medium-sized enterprise (SME).
- Must be based in Alberta.
- Must be export-ready.
- Must be involved in activities that promote Alberta exports through international travel to formal outbound trade events.
Eligible applicants include:
- Industry associations
- Indigenous organizations
- Economic development organizations
Disqualifications:
- Businesses not based in Alberta.
- Businesses that are not export-ready.
Description
The Alberta Export Expansion Program (AEEP) offers funding to help your business grow internationally. This program can provide financial support for travel-related costs when you attend trade events abroad.
You can receive up to $25,000 per year to cover expenses like airfare, accommodation, and registration fees for international trade shows and missions. This funding helps you explore new markets and attract global buyers.
The money does not need to be paid back, making it a valuable opportunity to expand your business without financial strain. This program aims to support your business in reaching new heights on the global stage.
Program Steps
Gather Necessary Information:
- Ensure you have a clear understanding of the program's requirements and benefits.
Prepare Documentation:
- Business Plan
- Financial Statements (Income Statement, Balance Sheet, Cash Flow Statement)
- Proof of Business Registration
- Travel Itinerary and Event Details
- Quotes or Invoices for Travel-Related Expenses
Complete the Application Form:
- Access the application form on the program's official website.
- Fill in all required fields accurately.
Attach Supporting Documents:
- Upload the prepared documentation as required by the application form.
Review and Submit:
- Double-check all information and attached documents for accuracy.
- Submit the completed application form online.
Follow Up:
- Monitor your email for any communication from the program advisors.
- Be prepared to provide additional information if requested.
Await Approval:
- Once your application is reviewed, await notification of approval.
- If approved, follow the instructions provided for the next steps.