Federal business innovation and growth support to Canadian exporters, 2021

Description: Federal business innovation and growth support to Canadian exporters, 2021
In 2021, 17% of all business innovation and growth support (BIGS) beneficiaries were exporters. In comparison, 1% of all Canadian businesses were exporters. On average, BIGS beneficiary exporters received $274,000 of support from BIGS programs. In comparison, BIGS beneficiaries that did not export received $105,000 of support on average.
Total value of BIGS support to exporters | |
---|---|
Strategic Innovation Fund | $386.8 million |
Regional Economic Growth through Innovation – Business Scale-up and ProductivityNote 1 | $191.6 million |
Industrial Research Assistance Program | $141.5 million |
Mitacs | $84.9 million |
Collaborative Research and Development Grants | $50.0 million |
Number of BIGS beneficiary exporters | Total value of exports | |
---|---|---|
United States | 5,090 | $250.1 billion |
China | 1,170 | $21.3 billion |
United Kingdom | 1,170 | $14.4 billion |
Australia | 1,000 | $1.2 billion |
Germany | 980 | $5.0 billion |
Industry | Percentage of BIGS beneficiary exporters | Average value of support |
---|---|---|
Manufacturing | 51.1% | $170,000 |
Other goods-producing sectors | 6.5% | $139,000 |
Professional, technical and scientific services | 12.7% | $430,000 |
Other service-producing sectors | 29.7% | $414,000 |
Among BIGS exporters…
10.8% were a large business with at least 500 employees (compared with 2.0% of BIGS non-exporters)
6.0% reported at least $500 million in revenue (compared with 0.4% of BIGS non-exporters)
50.8% were an older business (at least 20 years old) (compared with 23.2% of BIGS non-exporters)
14.7% were owned by women (compared with 25.7% of BIGS non-exporters)
Sources: Statistics Canada, Business Innovation and Growth Support, Business Linkable File Environment, 2023.
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