The Ocean Technology Atlantic Trade and Investment Growth Strategy (ATIGS) Team are pleased to announce The Channel Partnering Support Initiative for Atlantic Canada Ocean Technology SME’s
The purpose of this Channel Partnering Initiative is to support our local Atlantic Canadian Ocean Technology companies in bringing a potential sales representative, joint venture partner or industry research partners here to Atlantic Canada to educate them on their products and services in the anticipation that on their return to their domestic markets, Atlantic Canadian technologies will be top of mind with an expectation of increased export sales, increased collaboration, increased joint ventures and enhanced technology transfer.
The program, funded by ACOA, will cover the cost of (economy-class) travel, accommodations and meals (up to a maximum of $3,000 CAD or 25%) with eligible funds being governed by the National Joint Council Federal Travel Directive: https://www.njc-cnm.gc.ca/directive/d10/en Module 3 (for domestic expenses) and Module 4 (for eligible overseas expenses) for your incoming international guest.
Recipient companies will be expected to commit 25% of the costs of the travel of their Channel Partner,
- a $750 commitment on a $3,000 claim, the remaining 75% of associated costs would be considered for reimbursement. It is the responsibility of the Company and the Channel Partner to arrange for, and pay, all upfront costs associated with
A Channel Partner is being defined as any of the following:
- An existing or potential new agent or distributor in an overseas market requiring familiarization with your products and or services;
- A potential joint venture partner looking to gain more insight into your products and or services;
- A potential industry research partner that would help facilitate your current R&D activities Atlantic Canada Participants Eligibility Criteria:
- You must be an SME ocean technology company with a registered office in Atlantic Canada
- Be able to show that you are currently engaged in international business development
The Atlantic Trade and Investment Growth Strategy (ATIGS) committee would also invite applications of company consortiums whereby a group of companies could invite a Channel Partner who would engage with a number of companies in Atlantic Canada in the one visit. It would be anticipated that the cost for a longer stay or international travel may supersede the $3,000 maximum for one on one visits, therefore increased funding support above the $3,000 may be considered.
Note: Atlantic Canadian companies in any consortium must meet Atlantic Canada Participants Eligibility Criteria 1 and 2 listed above.
It would be the responsibility of the consortium organiser to liaise with the respective ATIGS representative and to verify the programme of the international visitor was successfully delivered.
One submission per company will be looked at initially.
A company or consortium interested in participating in this project should submit a completed application form via email to the ATIGS representative in their home province. Contact details are listed below. The ATIGS Committee members will review this information, keeping in mind the program criteria and available funding and respond to the applicant as soon as possible to discuss next steps in the process.
We believe that developing relationships between ocean technology business and research contacts in Atlantic Canada and potential international partners is an important step in demonstrating sector capabilities and building long term partnerships for your organization and our community.
All travel and activity expenses eligible for funding for an individual company must be completed and submitted by October 30, 2019.
All claims should be accompanied by the appropriate receipts (flights, taxis, and hotel accommodations require receipts, while meals and per diems are reimbursed at the Treasury Board Directive Rate and do not require receipts).
Upon approval of a submitted claim (claims are approved by the respective ATIGS representative from the Province of residence of the applicant’s company) a reimbursement cheque will be issued by the Ocean Technology Council of Nova Scotia (OTCNS), the proponent of this Atlantic initiative.
ATIGS NL Committee Contacts:
Cathy Hogan, OceansAdvance: firstname.lastname@example.org
Bradley Thorne , TCII: email@example.com
Karen Daley, ACOA NL: firstname.lastname@example.org