Trade Compliance

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New Web Platform Directly Connects Canadian Companies to Global Business Opportunities

Posted September 25, 2014

Canadian Manufacturers & Exporters (CME), in partnership with Export Development Canada (EDC) last week launched the Enterprise Canada Network (ECN), a new website that connects Canadian companies to global opportunities in the form of international partners seeking matching products and services.
Global Trade
Founded in 2013 as a means to bring public and private sector organizations together around a vision of creating a single-window platform that supports the global ambitions of Canadian exporters, technology providers and researchers, ECN is primarily geared towards the needs of small- to medium-sized companies (SMEs), whose main challenges are the time to develop opportunities and not knowing where to look for them.

“Canadian SMEs possess some of the most promising technologies in the world, yet not nearly enough of them are able to find global partners to catapult such technologies into marketable products and services,” said CME’s President and CEO Jayson Myers.

ECN will allow SMEs and researchers in Canada to search for a business or technology partner amongst more than 30,000 opportunity profiles posted through the European Commission’s Enterprise Europe Network.

“Europe is banking on growth among their SME community in a big way as a means to help affect economic growth,” said Peter Hall, Chief Economist for EDC. “ECN fits perfectly into this trend and shines a spotlight on where Canadian companies can actually find global opportunities.”

Both CME and EDC agree there is a need to better support and promote Canada’s SMEs to strategically capitalize on major trade agreements with the European Union and South Korea.

“Very simply, we all need to do a better job of giving small Canadian companies the right tools to grow their businesses internationally,” said Benoit Daignault, President and CEO of EDC. “The ECN is a good example of real-world value for Canadian companies, a relevant tool that will help them find buyers and opportunities suited to their specific interests and abilities.”