What is Market Entry Support?
This service assists companies with specific Export Market Entry Activities.
Companies can therefore allocate more resources to a foreign market to manage risks and increase the level of control a company has on its foreign activities.
Upon completion, refer to footer of downloaded document for instructions.
Companies can receive funding for a portion of a pre-approved activities incurred in reaching their selected export markets. The Trinidad and Tobago Trade and Investment Promotion Agency Limited will provide up to 50% counterpart funding for eligible companies within each fiscal year to offset export related costs for the following pre-approved activities:
- Product Registration in Overseas Markets.
- Intellectual Property Registration in Overseas Markets.
- Shipping of Samples.
- Translation and Interpretation of Export Related Documents.
- In-Market Promotion.
- Labelling, Product Modification & Testing, and Packaging Modification.
- Enabling e-commerce functionality.
Eligibility Criteria
- Sole proprietors, partnerships or companies wholly-owned by Trinidad and Tobago nationals and registered and operating in Trinidad and Tobago
- Company must be a small or medium sized enterprise.
- Products must be manufactured locally
Support Provided
- Financial support will be provided in the amount of up to fifty percent (50%) of the total cost of the market entry activity/activities, submitted for evaluation.
- The financial limits apply as per the size of the applying business:
The financial limits apply as per the size of the applying business:
* Small companies: (up to a total grant of TT$50,000 for all pre-approved activities collectively in a calendar year paid to suppliers)
* Medium sized companies: (up to a total grant of TT$25,000 for all pre-approved activities collectively in a calendar year paid to suppliers)
* Funding for any pre-approved activity individually or collectively must be on a 50% /50% matching basis.