From L to R: The Honourable Mary Ng, Minister of Small Business and Export Promotion, Eva Choi, Managing Director and Co-owner, The Chocolate Lab, Katie Findlay, Manager Ecosystem & Export Development, Calgary Economic Development, the Honourable Kent Hehr, Member of Parliament for Calgary Centre
The global stage represents an immense opportunity for Calgary companies to grow their businesses through new customers and partnerships beyond the Canadian border.
To prepare local companies for international expansion, the Trade Accelerator Program (TAP) was launched in Calgary, through Calgary Economic Development, in May 2018. Since then, over 70 companies have graduated from the program ready to take their products, technology and services to new markets and create new jobs.
The Honourable Mary Ng, Minister of Small Business and Export Promotion, along with the Honourable Kent Hehr, Member of Parliament for Calgary Centre, announced a $902,060 investment in Calgary Economic Development to expand TAP over three years for more than 200 companies in southern Alberta. This will allow more small and medium enterprises (SMEs) to access new markets and create jobs.
“Our global brand is strong once again and the world wants—and needs—more Canada,” said the Honourable Mary Ng, Minister of Small Business and Export Promotion. “The investment in the Trade Accelerator Program will mobilize small and medium-sized businesses to export by partnering with Calgary Economic Development to ensure southern Alberta’s best become export-ready. By expanding this already successful program, we will help businesses become better positioned to access the 1.5 billion customers made available through Canada’s many trade agreements.”
Investments in TAP are part of Canada’s Export Diversification Strategy, which aims to increase Canada’s overseas exports by 50 per cent by 2025, and are part of the Government of Canada’s plan to help small and medium-sized businesses start up, scale up and access new markets.
“With our track record of innovation and quality products, we have an opportunity to play a much more significant role in the global economy,” said Mary Moran, President & CEO, Calgary Economic Development. “The success we have seen with the Trade Accelerator Program to date—more than a dozen companies have expanded their operations for export—is helping grow our economy and creating jobs. We applaud the Government of Canada’s investment in Calgary entrepreneurs and welcome the opportunity to extend TAP to more companies.”