Canada-India Acceleration Program (CIAP)

Are you a #WomenEntrepreneur looking to scale your business internationally? Apply to the Canada-India Acceleration Program (CIAP) to drive your growth to #India and get a chance to win from a $30,000 cash prize pool in our #pitchcompetition. Learn more at carleton.ca/ciap

The #WBN proudly presents an #InternationalWomensDay Event - #EmbraceEquity. Join us for a fireside chat with @ManteMolepo, an award-winning community leader & advocate for #equity & #inclusion in the workplace and at every table. Sponsored by @BLGLaw. bit.ly/409sbzS

Learn how Canada’s leading #womeninbusiness overcame challenges, forged new paths, and made key decision points to drive their businesses forward at our #StrikeUP 2023 digital conference! Attend for FREE on March 2 by registering now at strikeup.ca

Join us in welcoming the newest participants to CIAP's Cohort 5 🥳 See who they are and learn more about them at: bit.ly/3JX1pFm

Learning from big and small players who have already been established in the market can also give insights to manage our expectations around what challenges arise in the first few months of the launch. Case studies, business reports, interviews, etc are all relaiable resources.

When entering a multi-ethnic territories, market research is the cornerstone. Grasp on your product-market-fit for that specific region is imperative. Potential competitor's, city you're entering from, financial stability to tackle unforeseen delays need to be ironed out first.

Work with a #businessconsultant, one who give you a panaromic+detailed view of pertinent details of ground reality from a cultural lens. Charter strategies that take meticulous and minute considerations while making mindful campaigns. A lot can be overcome with this excercise.

On the topic of #culturalawareness, get a grasp on the #workculture, #businessetiquette, hirerachial structures, sensitivities, and a general pulse. All of this ensures a smooth #SoftLanding and #Operational readiness. On shaping strategy around culture buff.ly/2NaM8nt

Cultural education and awareness should be the first order of business while laying out expansion plans. It is a great investment to hire an agency or consultant to understand the cultural consequences and charter a plan around branding your product/services accordingly.

Expansion and thriving in markets like India needs to be via the cultural norms and diverse backgrounds that lay at it's epicenter. It is not a homegenous unit but work in tandem with culture.This series brings to you, the 4 most important considerations for #CanadianBusinessess.

To wrap up on - Oppurtunities for Canadian Businessess in India, it is a paradox of great scope+challenges alike. It promises growth and profitability as one of the largest emerging markets in the world. All we need is a little help, market evaluation + a strong entry strategy.

To conserve non-renewable resources, they are adopting sustainable practices. In 2015, the govt targetted reaching 100 Gigawatts of solar energy by 2022 with an investment of $100 bn. 33% of that goal by 2020. And thus lie ample opportunities for foriegn players to excell.

Another sector that Canadian entreprenuers can penetrate, is Recycled Plastics. The country needs a fresh approach to tackle the increasing pollution by reclycing/waste management, etc. While the domestic players are trying to find solutions, there is a space for many players.

Infrastructure is another sector that has great potential for foriegn players to tap into. The municipal/central govt have taken to prioritizing infrastructure. With new roads, highways, airports+ other initiatives, India needs $5 tn in investments to sustain its growth.

Digital Innovation in India is a bottomless pit of oppurtunities for b oth domenstic and foriegn players. It has the 3rd-largest internet literate population in the world and houses rapidly growing start-ups that generated $20 billion in the last three years. #womeninbusiness

The Indo-Canadian trade relation is strong, India is Canada’s 8th largest export country. With #India's high tech adaption rates, plus being the home to best in class developers & tech talent, it is a promising territory to enter for #startups in the #DigitalTransformation space.

Outsourcing, as well know is on the rise over the last few years, and India is the center of it all and continues to attract more outsourcing businessess. IT is their top contenders and is projected @ 7.5% CAGR by 2025, followed by manufacturing & R&D sectors. #Outsourcing

India is one of the fastest growing emerging markets. The market is expected to double in the next decade. This is a huge opportunity for #CanadaIndia partnerships and #Canadian businesses looking to expand. In this week's series, Let's learn about the Indian business landscape!

We are going to wrap up this series on Demystifying Technical Jargons, with an important note - while investment opportunities + collaboration helps tremendously, don't forget to focus on diversifying business offerings and thereby revenue streams that helps weather most storms!

#PrivateEquity Financing, Investment rounds, Angel Investors, VC's, #accelerator programs, + #incubators are all avenues #Startsups and #SmallBusinesses can pursue while exploring business expansion, whether it is global or domestic. Are you considering expansion? Let us know.