COREX Program
Highlights
You have an exciting opportunity to expand your business into the United States, specifically in seven Northeastern states. By participating in this program, you can gain access to valuable resources and tools that will help you navigate the complexities of exporting and establishing partnerships in a new market. This initiative is designed to boost your sales and grow your brand beyond Quebec, ultimately enhancing your business's footprint and visibility.
With support from the Canadian Economic Development Agency and Quebec's Ministry of Economy, you can take advantage of networking opportunities and strategic insights that make it easier to connect with potential partners. The platform provided by this program empowers you to effectively target key export markets, enabling your business to thrive internationally.
This program offers a flexible financial resource, allowing you to use the support for various growth endeavors without strict conditions. In summary, you have everything to gain by applying—increased sales, valuable connections, and expert guidance to help your business succeed in the U.S. market. Embrace this chance to elevate your business today.
Financing Details
This program offers grants for eligible businesses.
Key Financial Details:
- There are no repayment terms, meaning you won't owe anything back for the funds received.
- Since these are grants, there are also no interest rates attached.
Eligible Expenses:
- The funds can be used towards expenses that directly relate to expanding your exports and establishing partnerships in the Northeastern US market. This could include marketing efforts, travel costs for promoting your business, or costs associated with participating in trade missions.
Restrictions & Fees:
- The funds cannot be used for general business expenses not tied to export activities, such as utility bills or employee salaries.
- There are no hidden fees associated with this program, so you won’t face unexpected costs when applying for or receiving the grant.
Qualifications
- Location: Business must be located in Quebec or one of the seven Northeastern US states.
- Sectors: Open to all sectors.
- Employees: No minimum or maximum number of employees required.
- Company Revenue: No minimum or maximum revenue qualifications.
- Legal Structure: All legal structures are applicable.
- Profit Structure: All profit structures are applicable.
Disqualifications: None stated in the context.
Description
The program is designed to help you expand your business into the United States, specifically targeting seven Northeastern states. By participating, your business can gain access to valuable tools and resources that facilitate exports and partnerships in the US market. This is a chance to increase your sales and grow your brand beyond Quebec.
With the support of the Canadian Economic Development Agency and Quebec's Ministry of Economy, this initiative provides networking opportunities and strategic insights to effectively tap into key export markets. You will find a platform to connect with potential partners, helping you navigate the challenges of entering a new market.
While there is no specific funding amount mentioned, the program aims to be a financial resource for your growth endeavors. This support can be used for various purposes related to expanding your business, without strict conditions. It's an excellent opportunity for your business to thrive internationally while enjoying the support of experienced economic bodies.
Program Steps
Gather Required Documentation
Ensure you have the following documents ready:- Business registration documents
- Financial statements for the last two years
- A brief business plan outlining your growth strategy in the U.S.
- Market analysis demonstrating the need for your product/service in the Northeastern states
- Any previous export experience or partnerships
Complete the Application Form
Fill out the application form available on the program website. Provide accurate and honest information about your business.Submit Your Application
Send your completed application along with the required documentation to the designated email or online portal as instructed on the program website.Prepare for Follow-Up
Be ready to respond to any follow-up questions or requests for additional information from program administrators. This may include interviews or further clarification on your business plan.Attend Orientation or Introductory Meetings
Participate in any scheduled orientation sessions or informational meetings to gain insights on program benefits and networking opportunities.Engage with Networking Opportunities
Actively take part in webinars, workshops, or events organized through the program to connect with potential partners and other businesses.Monitor Your Application Status
Regularly check your application status on the program website or reach out to support for updates. Be patient as processing times may vary.Leverage Support and Resources
Once accepted, utilize the tools, resources, and guidance the program offers to effectively expand your business into the U.S. market.Evaluate and Report Progress
After engaging in the program, keep track of your business growth and partnerships. Some programs may require periodic reporting on your progress.