Funding

The Manufacturing Resource Centre can assist manufacturers with accessing funding; this can include:

  • reviewing applications,
  • helping identify potential programs and
  • coordinating meetings with funders.

Below you will find details on some of the programs that are available. This is not an exhaustive list so if you come across a program that you think would be a benefit to other manufacturers please contact us with the details.

This program summary is provided as a service. Please consult the actual program documentation for all program details, in the event of a discrepancy the program details as specified in the program documentation are to be considered the authoritative source.

Ontario Government Incentive Programs and Funding

Government of Canada's Canada Business website

Link

Offering:
The fund may provide up to 15% of eligible project costs to a maximum grant of $1.5 million. For project investments of $10+ million that create 50+ jobs, funding may be available in the form of a secured repayable loan, to a maximum of $5 million in provincial support. Applicants can receive EODF funding for one project per year.

Dates:
The EODF program was made a permanent government program in October 2012 with applications being accepted on a continuous intake basis.

Requirements:
In order to be eligible for the business stream, businesses must:

  • Employ at least 10 people and meet minimum job creation thresholds as outlined in the Business Application Guide (will open as a ZIP file)
  • Be able to provide 3 years of financial statements
  • Be part of an eligible sector (see guide for a list of eligible sectors)
  • Be located in, or plan to locate in Eastern Ontario
  • Have a multi year project that involves a minimum investment of $500,000 in eligible project costs.

Businesses with 5-10 employees with a $200,000+ project may be eligible under the Small Community Pilot. See the Business Application Guide (will open as a ZIP file) for more information.

Note that because of community density/size restrictions businesses with 5-10 employees in Belleville are not eligible for the Small Community Pilot.

Objectives: Create and retain jobs,
Encourage the introduction of new, innovative approaches, including use of new technologies,
Assist in improving competitive position or pursue growth,
Diversify the economy of Eastern Ontario.

Link

Offering:
Grant up to 50% of eligible project costs (up to $30,000 per approved project/ $35,000 per approved capital bidding project). Limited to 2 approved projects per year.

Dates:
Until further notice, we are only accepting applications for projects/activities that will be completed before April 30, 2017.

Requirements:
You must have 5 to 500 employees and annual sales of $500,000 or more.

Objectives:
A Global Expansion Program (EMA) designed to assist small to medium size organizations (SMEs) to access and expand their growth in new foreign markets (now includes the U.S.). Eligible activities are:

  • establishing/developing direct contacts
  • developing promotional materials
  • conducting market research for more precise international market targeting
  • assistance with foreign bidding projects (for providers of professional services)

The last scheduled intake for Ontario food processors under Growing Forward 2 cost-share funding assistance closed on November 3, 2016. Following the close, processors continue to be eligible to apply for Growing Forward 2 cost-share funding under the Organizations and Collaborations stream of the program.

Growing Forward 2 for Processors  (Currently closed)

Offering:
GF2 cost-share funding assistance is available to processors who are actively processing, modifying or transforming agricultural commodities, food, beverages or agricultural-based bio-products in Ontario. The maximum cost-share funding that a single processor business can receive over the five-year time frame is $350,000.The Province may provide:

  • 50 per cent cost-share funding, up to a pre-determined cost-share cap, for projects under the assessment or audit, skills development, planning, and training project categories (the maximum cost-share for capital costs awarded to a single approved project cannot exceed $100,000)
  • Up to 35 per cent, up to a pre-determined cost-share cap, for remaining project categories
  • Enhanced cost-share for projects that demonstrate a high level of innovation See Appendix 3, Innovation, in the GF2 Cost-share Funding Assistance Program Guide

Dates:
Application intake dates for Producers and Processors in 2016

  • March 4 to March 24, 2016

Requirements:
To qualify for the Processor Stream you must be a manufacturer involved in the transition of agricultural commodities, food, beverage or agri-based bioproducts in Ontario.

New entrant processors are eligible to apply only to the assessment, audit, planning or skills development training project categories.

GF2 cost-share funding assistance supports projects in these six areas of focus. Innovation is a requirement of each successful application

  • Environment and climate change adaptation
  • Animal and plant health
  • Assurance systems (food safety, traceability, and animal welfare)
  • Market development
  • Labour productivity enhancements
  • Business and leadership development

Objectives:
To help industry work towards achieving the following priorities within the six areas of focus:

  • Use best business and leadership practices
  • Use energy, water and other inputs efficiently
  • Be better able to adapt to climate change
  • Maximize labour productivity
  • Access new and emerging markets
  • Retain and expand existing markets
  • Market products that meet buyer demand through adoption of food safety, traceability or animal welfare assurance systems
  • Respond quickly and effectively to risk
  • Reduce key risks

Offering:
The SMART Green Program is open to small- and medium-sized manufacturers throughout Ontario and provides assistance in the form of non-repayable grants of 50% of eligible costs up to $200,000.

Dates:
The application intake opened on October 31, 2016 through SMART’s online Grant Management submission portal. The portal will remain open until all funding has been committed.

Assessment and Project-related activities may not start before a Contribution Agreement has signed by the Applicant and received by CME. For project applications, this excludes the pre-project technical assessment.

All assessment and project activities, including final reporting requirements, must be completed by December 31, 2018

SMART will only consider applications whose project and expenses have NOT started before April 1, 2014 and have less than 50% incurred costs at date of online application submission (note that SMART considers 100% of the cost incurred if the equipment has been delivered)

Requirements:

  • Manufacturers must be located in Ontario with a minimum of 10 full time employees.
  • The Program targets small and medium-sized manufacturers with annual greenhouse gas emissions under 25,000 tonnes per year.
  • Manufacturers who are participating in or have opted in to Ontario’s Cap & Trade Program are NOT ELIGIBLE to apply for SMART funding.
  • Applicants must demonstrate financial need for the funding, i.e., without a SMART Program grant, the project would fail to meet a desired hurdle rate/payback timeframe.
  • Recipients of previous SMART Programs may apply.
  • Companies must be engaged in manufacturing as their primary activity (as indicated by their North American Industry Classification System (NAICS) code
  • Funding is available for NEW projects only and must not begin until a contribution agreement is signed by both the applicant and CME.

Objectives:
The purpose of this Program is to support investments in technology and process improvements by manufacturers which result in GHG emissions intensity reductions and/or avoidance through upgrades to process/production equipment, deliver energy efficiency, and lead to productivity improvements, which in turn lead to lower GHG emissions on per-production-unit basis; more specifically, where improvements will include new process and/or production equipment installation and associated costs to an existing facility. New building and/or new production lines where an existing process is not being upgraded or replaced will not be considered.

Offering:
Productivity Enhancement Projects are eligible for funding of up to 35% of eligible costs up to a maximum of $100,000, whichever is less. The assessment component will cover 50% of the costs up to $15,000 per assessment.

Dates:
The intake process will continue until December 31, 2016 or until all funds have been committed. All projects must be completed within 1 year of project approval.  It is important not to submit an application for a project that is complex and will take longer than one year to complete.

All project activities must be completed by June 30, 2017.  All reports must be submitted no later than September 30, 2017.

SMART will only consider applications whose project and expenses have NOT started before April 1, 2014 and have less than 50% incurred costs at date of online application submission (note that SMART considers 100% of the cost incurred if the equipment has been delivered)
Requirements:

Must be a manufacturer based in Southern Ontario per the census map

Must be an incorporated business (federally or provincially) for 2 years or more continuously and demonstrate financial stability.

Must have 15 (minimum per facility) and 1,000 FTE employees maximum in southern Ontario.  Minimum of 15 FTE employees is required from date of submission throughout the life cycle of the project.

Demonstrate they are engaged in international markets (i.e. companies that export, are going to export, or are selling in a value chain leading to export.

Propose a project that focuses on adapting or adopting advanced technologies.

Review the ranking criteria to improve your application.

Objectives:
Eligible projects must focus on improving productivity through adapting or adopting advanced technologies.

Link

Offering:
Advanced Manufacturing Fund: (Currently closed) Promotes continued growth and increased productivity of Ontario’s advanced manufacturing sector by supporting large-scale transformative manufacturing activities, advancing adoption of cutting-edge technologies, establishing clusters or global supply chains and fostering collaboration between the private sector and higher education and research institutions.

Canada Business Ontario: As a member of the Canada Business Network, Canada Business Ontario (CBO) provides both federal and provincial business information free of charge. CBO assists with finding information on starting a business, government financing programs, exporting, taxation or how to hire employees.

Eastern Ontario Development Program: Provides funding and support through eastern Ontario Community Futures Development Corporations to promote business development, job creation and strengthened economies in rural eastern Ontario communities.

Economic Development Initiative: Supports business and economic development activities that encourage sustainable growth in southern Ontario’s Francophone communities with community strategic planning, as well as business and economic development activities.

The Southern Ontario Prosperity Initiatives are designed to invest in: inspired and determined entrepreneurs; innovative and globally-oriented businesses and organizations; and strong and prosperous partnerships and communities, creating an advantage to compete both at home and abroad.

Investing in Business Growth and Productivity: Assists existing southern Ontario businesses to adopt new technologies that have the potential to improve productivity and expand their operations.

Investing in Business Innovation: Fosters a more competitive southern Ontario economy by encouraging the development of partnerships between entrepreneurs and investors to support early-stage, globally-oriented businesses with the ability to become world-leading innovators.

Investing in Commercialization Partnerships: Addresses innovation and commercialization, and encourages collaboration to improve Ontario’s productivity performance so that the region can compete on an international platform.

Investing in Regional Diversification: Designed to build stronger, more diverse economies in southern Ontario communities in the long term by leveraging unique assets and local expertise, and by creating opportunities for economic growth and development in communities across southern Ontario.

Dates:
See individual program details.

Requirements:
See individual program details.

Objectives:
See individual program details.

Link

Offering:
Canadian-controlled private corporations (CCPC) earn an investment tax credit (ITC) of 35% for the first $2 million of qualified expenditures and 20% on any excess.
Other Canadian corporations, proprietorships, partnerships, and trusts can earn an ITC of 20% of qualified expenditures.

Dates:
Annual claim, submit a claim with the T2 corporation or T1 individual income tax return, or within 12 months of the income tax return’s filing due date for the year in which the SR&ED expenditure was incurred.

Requirements:
Only SR&ED carried out in Canada qualifies for this program.
Must be a CCPC to qualify for the 35% ITC for the first $2 million of qualified expenditures.

Objectives:
The SR&ED program is a federal tax incentive program, administered by the Canada Revenue Agency (CRA), that encourages Canadian businesses of all sizes, and in all sectors to conduct research and development (R&D) in Canada.

Offering:
Because of the cessation of Government funding for Sector Councils in 2013, Sector Councils were forced to look at new business models. Because of ongoing changes the following list may not be up to date, some sites may be legacy sites others may now be combined into a different organization.

Offerings vary by sector council but generally the wage subsidy programs offer 1/3 reimbursement of total wage for a minimum of 4 months to a maximum of 12 months. Some locally specific Sector Councils include:

Canadian Council for Aviation & Aerospace

BioTalent Canada

ECO Canada Environmental Careers Organization of Canada

Canadian Supply Chain Sector Council

Wood Manufacturing Council

The following sectors do not offer wage subsidy programs at this time but depending on the council you may find information on HR recruiting practices, training and other industry specific information. Some locally specific Sector Councils include:

Dates:
Not specified, programs vary with each sector.

Requirements:
Not specified, programs vary with each sector but generally the potential participant:Must be a post secondary graduate
Must be a Canadian Citizen, a permanent resident, or a person who has been granted refugee status in Canada
Must be legally entitled to work in Canada
Cannot receive employment insurance benefits during their participation in the program
Must be between 15 and 30 years of age

Objectives:
Human Resources and Skills Development Canada (HRSDC) funded the Sector Council program until March 31, 2013. Through the Sector Council Program, the Government of Canada worked with the private sector to enhance adult workers skills through activities such as increasing employer investments in skills development and promoting workplace learning and training. Some Sector Councils folded, some continued operation or merged with other Sector Councils.

This program summary is provided as a service. Please consult the actual program documentation for all program details. In the event of a discrepancy the program details as specified in the program documentation are to be considered the authoritative source.