CME Smart Program Funds 50% of Your Productivity Enhancements
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Southern Ontario businesses looking to improve their operational efficiency will want to take a close look at the Canadian Manufacturers & Exporters (CME) Smart Program. This program was designed to assist companies in Southern Ontario who are looking to increase their productivity or reduce their waste.
Eligibility Requirements
Interested companies must be incorporated for at least 2 years. They must also have between 10 and 500 employees and carry out manufacturing practices based in Canada.
Preferred projects objectives:
- Productivity Improvement
- Quality Improvement
- Energy Efficiency
- Environmental Impact Reduction; or
- Information Technology Best Practices
Funding Amount
This program covers 50% of eligible project costs, up to a maximum of $50,000. Eligible costs include direct labour, capital equipment, installation, consulting, training, benchmarking, and administration expenses.
Funding Availability
The CME Smart Program releases funds in lump sums throughout the year. The next round of funding should be released in the next couple of months (if not sooner), so we strongly encourage potential applicants to start the process as soon as possible.
If you are interested in leveraging this government funding mechanism to fuel your company’s operational efficiency, Mentor Works offers comprehensive grant writing and consultation services to provide you with the best chance of receiving a portion of the funding when it releases. Please fill out our contact form today to begin.
About The Author
Chris Casemore
Chris holds an Honours B.Comm at the University of Guelph, Majoring in Marketing Management with Co-op. He is currently working for Mentor Works Ltd., specializing in online marketing, including social media, search engine optimization, and graphic design. Add Chris Casemore to your Google+ Circles.
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