Access Funding For New Market Expansion

PARO Centre for Women's Enterprise offers the PARO BizGrowth program, designed for business owners looking to expand into new markets, acquire new equipment, or export their products and services. The program provides funding to assist businesses with key growth activities, including participating in trade missions, conferences, and trade shows to reach new markets.

The funding also supports product development and business enhancement. Eligible expenses in this category include purchasing equipment, training staff on newly acquired equipment, and covering certification costs. Additionally, financial assistance can be applied toward the adoption and utilization of Information Communication Technology (ICT).

Depending on specific criteria, BizGrowth covers between 50% and 90% of approved costs, offering financial assistance ranging from $2,500 to $5,000 (excluding taxes). Interested applicants are encouraged to speak with a PARO Business Growth Advisor or reach out via email at info@paro.ca to find out if they qualify.