Scale-up Hub Cambridge
A new program to help Atlantic Canada companies scale export sales
Scale-up Hub Cambridge (the “Program”) is designed to help Atlantic Canada-based ICT companies build an international presence and grow their export sales capacity in the New England market. The Program leverages strong historical and cultural ties to this key market and helps high-growth, high-innovation companies headquartered in Atlantic Canada scale through targeted access to strategic markets in the Boston region.
The inaugural Scale-Up Hub Cambridge Program is winding down after a beta year and the Program results are very positive with booked sales of over $2M for a small cohort of Nova Scotia-based companies.
We now wish to continue building on the success of the pilot year and extend the Program to technology-enabled companies from across all of Atlantic Canada.
What does Scale-up Hub Cambridge offer?
The Program offers eligible Atlantic Canada ICT companies access to the following resources for a full year:
- Professional-guided entry into the New England marketplace.
- Collaborative working space in Cambridge, Massachusetts, one of the world’s top innovation hubs.
- Dedicated services of an in-market business development professional to help drive sales generation and market development activities.
Up to eight companies will be accepted into the Scale-up Hub Cambridge Program. Successful applicants must be technology-focused, high-growth companies that are presently selling outside of Atlantic Canada and will be required to pay a non-refundable participation fee of $10,000.00 CAD plus HST.
There is one application intake period for the Scale-up Hub Cambridge for 2019. The deadline for application submission is January 11, 2019, by 5:00 p.m. (Atlantic Standard Time).
How to apply
The application process has two stages:
- Interested companies must complete the online Application Form.
- Following submission of an application, short-listed businesses will be required to participate in an interview process for final selection, and third-party reviewed financial statements will be required.
Newfoundland and Labrador
Shelly Petten, International Trade Officer
Internationalization, Accelerated Growth Division
Department of Tourism, Culture, Industry and Innovation
Government of Canada
Louis Jaillet, International Business Development Officer
Atlantic Canada Opportunities Agency (ACOA)
T: 506.860.0195 | TF: 1.800.561.7862 | TTY: 1.877.456.6500
Project participation will be awarded on a competitive basis.
The Scale-up Hub Cambridge Program has been designed for utilization in complement with each provincial partners’ suite of export-support programs. For information about the additional resources and funding options available to your business, please contact one of the provincial leads listed above.