The World Trade Centre Vancouver is receiving a $1.5 million investment from the federal government toward its Trade Accelerator Program (TAP). TAP is a program that operates in various cities across Canada, aiming to help SMEs successfully export goods and services.
“By investing in programs such as TAP, businesses in our region and across the province will benefit.”
A government statement said although Canadian SMEs have access to 1.5 billion customers through various trade agreements, only 12 percent are exporting. The $1.1 billion Export Diversification Strategy is looking to increase Canada’s international exports by 50 percent by 2025. This investment in the Vancouver division of TAP is intended to prepare 700 BC-based SMEs for export.
TAP’s accelerator program offers SMEs access to Canadian export advisors, resources, and contacts, through which companies work to develop an export plan.
The program’s goal is to help SMEs navigate the complex global trade ecosystem, leverag..Read More