The province's business development agency has posted a notice that it will accept as many as five companies into the new program. For a one-time fee of C$5,000, they will be given office space and mentorship for a year in Cambridge, Mass., which will be their base for building their export capacity in the U.S., especially in the Northeast.
The program will offer the five winners the following resources for a full year: working space in Cambridge; assistance with selling in the New England marketplace; and the services of an in-market business development team to help with sales strategy and market development.
The statement said the project in Cambridge, which it describes as one of the top innovation centres in the U.S., will be the first Scale-Up Hub project.
Information on the program can be found here. The deadline is Oct. 30.
Successful applicants must be technology-focused, high-growth companies that are already exporting their product. The winners will be required to pay a non-refundable participation fee of C$5,000 plus HST.