Trade Market Intelligence Service
Highlights
Unlock new markets with the Trade Market Intelligence (TMI) service, designed just for businesses like yours. This program offers customized market research at no cost, helping you identify export opportunities specific to your products and services. Imagine having a dedicated team of sector specialists and a Regional Development Advisor working alongside you to refine your export strategy. That's what TMI provides—a personalized research team guiding you to make informed decisions for your market entry plans.
What's in it for you? You'll receive a detailed report tailored to your needs, covering competitor analysis, trade regulations, market trends, and more. Whether you're looking to understand market demand or find the right trade shows, this service has you covered. It's like having a roadmap to navigate the complex world of international trade, without the usual costs or headaches.
Qualifying is straightforward, and once approved, you'll gain access to critical insights that can propel your business forward. This is an opportunity to expand your horizons and tap into new markets with confidence. Let TMI be your guide to smarter, more strategic growth.
Financing Details
Grant: This program provides a non-repayable grant, meaning you do not have to pay back the funds received.
Eligible Expenses: The grant covers expenses related to obtaining customized market research to support your export strategy. This includes costs associated with analyzing trade regulations, market characteristics, industry certifications, and marketing research.
Use of Funds: The funds must be used to cover the costs of services provided by the Trade Marketing Intelligence service. It cannot be used towards primary research, creating sales prospect lists, or obtaining private company revenue data.
Fees: There are no application or service fees associated with this grant.
Qualifications
- Must be a revenue-generating business based in Nova Scotia.
- Must have fewer than 75 full-time equivalent employees (FTEs).
- Must be export ready or planning to diversify exports within the next 6 months.
- Project questions should be relevant to decision-making for upcoming market entry plans.
- Must be engaged and referred to the service by a Regional Business Development Advisor or Export Development Executive.
Description
Unlock new markets with expert insights tailored just for your business. The Trade Market Intelligence (TMI) service offers you customized market research at no cost. This service is designed to help you pinpoint export opportunities specific to your products and services. You'll work closely with a Regional Development Advisor and a team of specialists to refine your export strategy.
Benefit from a detailed report that covers everything you need to know. This includes competitor analysis, trade regulations, market trends, and more. Whether you're looking to understand demand or find the right trade shows, this service has you covered. It's like having a personal research team, guiding you to make informed decisions for your market entry plans.
No need to worry about costs or complex processes. The TMI service is free for eligible businesses in Nova Scotia. It’s a straightforward way to gain valuable insights without the hassle. Let this service be your guide to expanding your business horizons.
Program Steps
Contact Your Regional Business Development Advisor
Reach out to your advisor to get the application link and your Invest Nova Scotia Customer number.Prepare Required Documentation
Gather the following documents for your application:- Business registration documents
- Financial statements (last two years)
- Export strategy outline
- Any relevant market research or data you currently have
Complete the Online Application
Use the application link provided by your advisor. Fill out all required fields accurately.Verify Your Identity
Enter your Invest Nova Scotia Customer number and associated email address to receive a one-time code. Use this code to verify your identity.Submit Your Application
Review your application for accuracy and completeness. Submit it through the online portal.Await Assessment
Your application will be assessed and prioritized by the TMI Manager in consultation with your Regional Business Development Advisor. Expect a turnaround time of approximately 4-6 weeks.Receive Your Customized Report
Once approved, collaborate with the TMI team to receive your detailed market research report tailored to your needs.
