Alberta’s government is providing $2.8 million to help small- and medium-sized businesses grow and reach international markets around the world.

“Alberta is a province where locally made businesses can reach their full potential and become known through international markets. Across the world, Alberta is recognized as a trusted trade partner thanks to its high-quality services and products and hard-working entrepreneurs. To help small- and medium-sized businesses continue to grow, Alberta’s government is investing in the Trade Accelerator Program (TAP), which empowers them to increase their exports and revenue, while also creating new jobs for Albertans,” said the government in a news release.

In 2017, TAP was established nationally and Calgary Economic Development started administering the program within Alberta in 2018. Since its creation, TAP has helped more than 550 companies in Alberta receive the knowledge, mentorship and resources they need to help their businesses grow and reach international markets, it said.

Through a new $2.8-million investment, Alberta’s government is ensuring Calgary Economic Development has the resources it needs to continue delivering TAP for another five years, which is expected to help up to 650 more companies, added the government.

Joseph Schow

Joseph Schow

“Increasing trade is a priority for our government, which is why we are helping small- and medium-sized businesses grow. More than ever, we need to diversify our global trade and give businesses the tools they need to succeed. In return, Alberta will see more jobs, more investment and a stronger economy with programs like this,” said Joseph Schow, Minister of Jobs, Economy, Trade and Immigration.

Brad Parry

Brad Parry

“With global markets shifting rapidly, Alberta’s small- and medium-sized businesses need every advantage to stay ahead. This support from the Government of Alberta invests in entrepreneurs’ big ideas and helps ensure that local businesses can access the tools and expertise they need to scale globally. Stronger trade capacity means stronger businesses – and a stronger, more resilient Alberta,” said Brad Parry, president and CEO, Calgary Economic Development.