The Authorities of Canada is making investments to champion small companies and assist their export journey

VANCOUVER, BC, June 2, 2023 /CNW/ – British Columbia’s small companies are the guts of our communities and the financial engine of our province. To proceed fueling the entrepreneurial spirit of British Columbians, the Authorities of Canada is making investments to assist extra small companies in BC and introduce them to the world.

Right this moment on the twentiethth annual Small Enterprise BC Awards, the Honorable Harjit S. Sajjan, Minister of Worldwide Improvement and Minister answerable for the Pacific Financial Improvement Company of Canada (PacifiCan), introduced PacifiCan funding of $3.65M to assist Small Enterprise BC have a good time entrepreneurs and enhance the export capability of small companies throughout the province.

An funding of $3.6M over three years will assist Small Enterprise BC renew and increase the Export Navigator program to succeed in extra folks throughout BC Export Navigator is a free service that helps small companies develop into export prepared. A community of community-based export advisors present one-on-one recommendation that may assist small enterprise homeowners faucet into new worldwide markets. With this funding, Small Enterprise BC will increase this system to the Decrease Mainland, Better Victoria, and the Sea-to-Sky Area, in order that entrepreneurs in all elements of the province can now entry Export Navigator. Small Enterprise BC may even improve this system’s assist for Indigenous entrepreneurs.

Since 2016, almost 900BC companies, together with these owned by Indigenous, girls and youth entrepreneurs, have benefited from this system. The expanded geographic protection may even assist extra under-represented enterprise homeowners, a lot of whom reside in city areas, entry the Export Navigator program and attain new markets. PacifiCan has been a proud supporter of Export Navigator since 2019.

The remaining $50,000 will assist the 20th annual Small Enterprise BC Awards, Western Canada’s largest awards competitors devoted to small companies. Small Enterprise BC’s marquee celebration acknowledges hard-working and resilient entrepreneurs in BC that contribute to the wealthy financial range throughout the province.

Quotes

“Entrepreneurs in BC are creating Canadian-made improvements which have a worldwide impression, however it may be difficult to entry greater worldwide markets. Export Navigator helps overcome obstacles by offering personalized assist for small companies trying to increase to new markets. Small companies are the spine of our financial system and packages like Export Navigator are empowering British Columbians to develop their companies, create jobs, and gasoline our financial system.”
– The Honorable Harjit S. Sajjan, Minister of Worldwide Improvement and Minister answerable for the Pacific Financial Improvement Company of Canada

“Funding supplied by the Authorities of Canada to increase our Export Navigator program will enable Small Enterprise BC and its Export Advisors to assist tons of of companies all through the province to raised perceive how they will develop their markets past British Columbia. We’re grateful for the partnership and belief that Minister Sajjan and Pacifi Can have positioned on Small Enterprise BC to ship this essential service with such an financial impression.”
Tom ConwayCEO, Small Enterprise BC

Fast Information

  • PacifiCan is the federal financial improvement company devoted to British Columbians. Pacifi Can work with companions who’re constructing progressive companies, creating high quality jobs, and supporting inclusive development all through our province.
  • With core funding from the Province of British Columbia and PacifiCan, Small Enterprise BC is a not-for-profit group offering enterprise improvement advisory providers, programming, and schooling to small enterprise homeowners in BC to assist them develop profitable and sustainable companies.
  • In 2016, Export Navigator was launched as a pilot program in 4 communities. In 2019, PacifiCan invested $2.25M over three years to assist Small Enterprise BC ship an expanded model of Export Navigator to extra communities in BC
  • With this funding, Export Navigator is now accessible in all eight B.C. financial improvement areas: Mainland/Southwest, Vancouver Island/Coast, Cariboo, Thompson-Okanagan, Kootenay, North Coast and Nechako, and Northeast.
  • The biggest teams of collaborating companies are from the agri-foods sector, adopted by manufacturing, shopper items, and clear expertise.

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SOURCE Pacific Financial Improvement Canada

For additional info: Haley Hodgson, Press Secretary, Workplace of the Minister of Worldwide Improvement and Pacific Financial Improvement Company (PacifiCan), [email protected]; Jillian Glover Communications Supervisor, PacifiCan, [email protected]

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