Export Leverage with Canadian Government Grant Opportunities

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Monday December 01, 2014

Mentor Works Logo SmallThis is a guest post written by Mentor Works, an organization that enables small businesses to access Canadian government funding and grants.

Two funding programs, CME SMART and in Ontario, Training Productivity Initiatives, both began accepting applications as of December 1st, 2014.

SMART Advanced Technologies for Global Growth

Replacing the very popular “SMART Prosperity Now Program” of Canadian Manufacturers & Exporters (CME)is a new funding initiative made possible through a partnership between Investing in Business Growth and Productivity (IBGP) and FedDev Ontario.  The program is called “SMART Advanced Technologies for Global Growth” and has received $20 million in funding from the federal government as a three year initiative.

The primary focus of the CME grant program is to accelerate the identification and adoption of investments in advanced technologies. According to the CME those advanced technologies may include:

“ICT, robotics, additive manufacturing (ie. 3D printing), sensor-based tech, instrumentation, automated packaging and material handling, nanotechnologies, clean technologies, and innovative advanced communications solutions.”

  • Amount: CME offers two streams of funding: (1) Advanced Technology Assessments, covering up to 50% of eligible costs to a maximum of $15,000 for professionals to examine and make recommendations regarding the manufacturing process and (2) Advanced Technology Adaptation/Adoption, a capital equipment focused grant, covering up to 35% of eligible expenses up to $100,000 for companies to adopt new technologies in order to improve productivity. Businesses can receive up to $100,000 across both streams throughout the lifetime of the program.
  • Timeline: $20M was allocated to this program in December 2014; projects should be less than 12 months in length.
  • Eligibility: Incorporated for 2 years, minimum of 15 employees, and with a manufacturing operation in Ontario. Not necessary to be a member of CME to be eligible. Limited funding so only the best projects will be selected for funding. Please note that businesses that have received CME funding in the past can apply, however will be scrutinized on the significance of their project impacts.

Training Productivity Initiatives

The second program of interest to Ontario businesses is “Training Productivity Initiatives”, from FedDev Ontario.  This new funding for training purposes supports manufacturers in southern, central, or eastern Ontario, which are looking to adopt new technology, processes, or procedures.

Potential projects include the development of new engineering skills, training on new software, hardware or other tools that support innovation within a manufacturing facility. This federally funded program embraces new technologies or new manufacturing methods to increase your capacity to build a competitive advantage in the global marketplace.

  • Amount: Up to $50,000 non-repayable, with conditions (25%-50% funding).
  • Timeline: When this program is open, it is continuous- intake typically. When there are no funds available, applications will be placed on a waiting list.
  • Eligibility: Have between 10-1000 employees in southern Ontario; have been in business for at least three years (3 years); are able to demonstrate a solid financial footing over the three year period; have a manufacturing facility or facilities in Southern Ontario; and manufacture a specific product for sale in Ontario or elsewhere.

Learn About Opportunities for Small Businesses

Mentor Works provides up-to-date information about lucrative funding opportunities for your business, available in their newsletter; subscribe today via www.mentorworks.ca/newsletter.

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[Editor’s note: This post replaces an earlier post on the same subject, dated August 21, 2014, and contains updated information effective December 1, 2014.]