This 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.”
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.
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.]