Ontario Exporters Fund

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A Global Growth Fund Program
Ontario Exporters Fund is aninitiative of the Ontario Chamber of
Commerce, with support and funding from the Ontario government.
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Objectives:
To help SMEs better understand their
export capacity and thereby improve their
ability to access foreign markets
 To encourage SMEs to develop export
market access strategies
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Between 5 to 500 employees
Established and operating in Ontario
A registered company for at least two years
A company in one of the MEDT priority sectors:
• Advanced Manufacturing
• Aerospace
• Building Products and Construction
• Clean Technology (including renewable
energy and environmental technologies)
• Exportable Professional Services (e.g.,
Architecture, Engineering, Urban Planning)
• ICT including Digital Media
• Life Sciences
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Able to provide a reference from the MEDT
Able to provide completed audited financial
statements for the two most recent fiscal years
Able to maintain an insurance policy for no less
than $2 million of commercial general liability
In full compliance with all government laws and
regulations
Cannot be receiving any other public funds
towards activities contained in the application
except from programs funded through the
MEDT
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The maximum grant amount to hire an Export
Manager for the required 24 month period for the
purpose of developing an international business
plan is $80,000.
Companies must have:
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Annual sales from $1 million to $20 million
Current export sales ranging from 10% to 50%
of total annual sales
If funds were received from the Export Market
Access (EMA) program, projects must be
completed
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The Export Manager must:
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Have a minimum of five years of professional
exporting experience in a management
capacity
Be hired for at least 24 concurrent months
Not be a current company employee
Not be employed by a subsidiary or parent
company
Not be a family member
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In developing an international business plan, the
Export Manager will include (as applicable to the
industry):
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An overview of the company’s current business
An assessment of the company’s capacity to
expand internationally
An international market assessment
An international expansion plan
A plan to implement the international growth
strategy
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Approved applicants will receive:
 25% of the approved contribution amount upon
completion of the approval process
 25% of the approved contribution amount upon
submission of the First Interim Report (due four
months after approval unless otherwise
specified in the Agreement)
 25% amount upon submission of the Second
Interim Report
 25% upon the company submitting a Final
Report that is satisfactory to the OCC prior to
the expiration of the Agreement
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The review committee will assess applications
using the following criteria:
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Eligibility of activities and expenditures for
funding and linking of proposed activities to
program objectives
Financial and management capability of the
applicant to complete the proposed activities in
a timely basis
Expected results and outcomes
Strength of the applicant’s proposal
Completeness of the application
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Steps:
Go to www.ontarioexporters.ca
2. Check the eligibility criteria
3. Review the Application Guidelines for
detailed program information
4. Complete the Application Form and
submit electronically along with all
required supporting documentation
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Contact Us:
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Louie DiPalma: (416) 482-5222 ext. 227
[email protected]
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Lesley Cole: (416) 482-5222 ext. 239
[email protected]
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