The Canadian Manufacturers & Exporters (CME) Technology Assessment Program provides grant funding for manufacturers based out of British Columbia to conduct a technology assessment through a third-party vendor. These assessments identify bottlenecks in their current systems, improve processes, and recommend what new equipment should be adopted to increase production and eliminate profit waste.
Funding covers the cost of bringing in an approved third-party vendor to assess the technology and processes within your manufacturing plant.
According to Canadian Manufacturers & Exporters, over 40% of manufacturers identify uncertainty of the return on investment as the main reason they are not investing in new technology. This program aims to help find the highest impact tech adoption changes for BC manufacturers. Canadian manufacturers that are looking to reduce the risk of purchasing and implementing new technologies can also view the available Tech Adoption government grant and loan programs.
Funding Summary: CME’s Technology Assessment Program BC
- Funding covers the fees of a pre-qualified Facilitator to conduct an Assessment.
- Must be a British Columbia-based manufacturer
- Must be an Incorporated Business (Federally or Provincially)
- Demonstrate financial stability
- Companies are not required to be CME Members to be eligible
Assessments must be completed by LEAN Facilitators approved by CME. Assessments can focus on areas such as:
- Process flow
- Quality (for example, ISO Certification)
- Waste reduction
- Environmental impact (various green certifications)
- Energy efficiency (production level)
- Information and management systems
Apply for the CME’s Technology Assessment Program (CME TAP)
Businesses can apply for the CME TAP program until December 31, 2021 or until funding is depleted. Assessments must be completed by January 31, 2022 and approved assessments must be submitted by Feb 28, 2022. If you believe your business is eligible for funding through this program, apply for CME TAP with Mentor Works’ grant writing application services to save an estimated 95% of application writing time compared to those who apply for funding in-house.
Find out more about how your business can access Canadian government funding by registering for an upcoming webinar hosted by Mentor Works for free. We offer these events to educate Canadian businesses about what grant and loan programs they should be aware of.