Capital Investment & Technology Adoption Funding

Capital & Tech Adoption Grant, Loan, and Funding Programs Mentor Works Can Write for Your Business.

Capital investment funding is available to support Canadian business’ focused technology and software adoption projects. As opposed to business expansion funding, which generally focuses on larger expansion projects that are completed over multiple phases, capital investment grants and loans tend to support specific spends that are directly attributable to improved business performance. Companies can access technology funding programs at both the federal and provincial level to offset project costs, which enables firms to purchase innovative technologies sooner than would’ve been possible by only using cashflows.

Mentor Works team of Canadian government grant & loan application writers have an average success rate of 86% across all government funding programs and provide our clients with an average of 95% time savings. Speak with a member of our team to find out what programs your business may be eligible for by calling us at 1-888-599-3111 or visiting our Get Funding Help page.

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Use the filtering options below to help sort the available Canadian government funding programs.

Capital and Technology Adoption Funding

Top Funding Programs for Capital & Technology Adoption

Business Scale-up and Productivity (BSP): Access repayable funding for up to 35% of project costs to a maximum $10M to help southern Ontario businesses grow quickly;
Southwestern Ontario Development Fund (SWODF) / Eastern Ontario Development Fund (EODF) Up to 15-50% of expenses to a maximum of $500k-$5M in funding for investing in new facilities and equipment to advance regional priorities; and
Advanced Manufacturing and Innovation Competitiveness (AMIC): Access up to 40% of project costs for an average funding contribution of $3,000,000 for cleantech projects that aim to improve water, soil, and air quality to reduce the effects of climate change.

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Funding Programs Region Funding Activity Description Learn More Show on Site? Tags
Advanced Manufacturing and Innovation Competitiveness (AMIC) Ontario Capital & Tech Adoption
  • AMIC is designed to help Ontario SMEs in advanced manufacturing industries with grant and loan support for cap & tech adoption.
  • Up to 15% of eligible project costs to a maximum of $5M in loan funding.
 Yes manufacturing
Aerospace Regional Recovery Initiative (ARRI) Canada-wide Capital & Tech Adoption
  • Designed to transition the Canadian aerospace sector out of the COVID-19 pandemic and into a leader on the global stage
  • Up to $10M per project repayable and non-repayable grants
 Yes cleantech, covid-19, tech
Agri-Tech Innovation Cost-Share Program Ontario Capital & Tech Adoption
  • Supports the modernization of agriculture-specific, unique and innovative technologies in the workplace that enhance protection of workers against COVID-19
 Yes food, manufacturing, cleantech, non profit, agri,
Business Scale-up and Productivity Program (BSP) Ontario Business Expansion Capital & Tech Adoption Research & Development
  • Helps to offset upfront project costs and helps southern Ontario businesses grow more quickly
  • Access repayable funding for up to 35% of project costs to a maximum $10M
 Yes exporting, food, software, manufacturing, auto, cleantech,
Canada Cultural Spaces Fund (CCSF) Canada-wide Capital & Tech Adoption
  • Support for projects that improve the physical condition of arts and heritage collaboration, creation, presentation, and exhibition spaces
  • Up to 50% to $500k-$15M depending on the project type. Up to 75% for rural and underserved communities
 Yes municipality,
Canada Digital Adoption Program (CDAP) Canada-wide Capital & Tech Adoption
  • designed to support small to medium sized enterprises (SMEs) that need to make digital adoptions in their businesses to be able to remain competitive in this new digital age.
  • Up to 90% of eligilbe costs up to $15,000 grant
 Yes software, tech, media
Canada Media Fund: Experimental Stream Canada-wide Business Expansion Capital & Tech Adoption Research & Development
  • Supports developing, producing, and promoting innovative, interactive software development projects including apps and video games
  • Up to $15k-$1.5M per project phase in grants
 Yes software, cleantech,
Canada Small Business Financing Program (CSBFP) Canada-wide Capital & Tech Adoption
  • Supports business growth through business loans with competitive interest rates
  • Up to $1M for business expansion activities
 Yes exporting, food, software, manufacturing, auto,
Canadian Agricultural Partnership (CAP) Federal Canada-wide Business Expansion Capital & Tech Adoption Research & Development
  • Supports Canadian agricultural business expansion and growth
  • Up to 50%-75% of expenses to a max $1M in grants
 Yes food, agri, municipality, non profit, agri,
Canadian Agricultural Partnership (CAP) Ontario Ontario Business Expansion Capital & Tech Adoption Research & Development
  • Supports Ontario agricultural business expansion and growth
  • Up to 25% to 50% of eligible expenses to a max $250,000 in grants
 Yes food, northern ontario, agri, municipality, non profit,
Canadian Agricultural Strategic Priorities Program (CASPP) Canada-wide Capital & Tech Adoption
  • Supports projects that help the agricultural industry mitigate emerging issues and capitalize on opportunities
  • Up to 50% to a maximum of $1M in grants
 Yes food, agri,
Dairy Processing Investment Fund (DPIF) Canada-wide Capital & Tech Adoption
  • Supports dairy processors who invest in areas that improve productivity and competitiveness
  • Up to 50% of costs to a max of $10M for expenditure projects and $250,000 for access to expertise
 Yes food,
Eastern Ontario Development Fund (EODF) Ontario Business Expansion Capital & Tech Adoption
  • Supports economic development in investing in infrastructure or implementing strategies to advance regional priorities
  • Up to 15-50% of project expenses to a maximum of $500k-$5M in grant or loan funding depending on stream
 Yes forest, manufacturing, energy, tech, software, municipality, non profit, agri
Electric Vehicle Infrastructure Demonstration (EVID) Program Canada-wide Capital & Tech Adoption
  • Supports demonstrations of next-generation and innovative electric vehicle (EV) charging infrastructure
  • Up to 50% of eligible project expenses and offers $250k – $3M in funding
 Yes automotive,
Forest Sector Investment and Innovation Program (FSIIP) Ontario Capital & Tech Adoption
  • Supports forest industry businesses to invest in new equipment, facility expansion, process, and product innovation
  • Business Stream: Up to 30% in loans & Collaborations Stream: Up to 75% in grants
 Yes agri, northern ontario,
Green Municipal Fund Canada-wide Capital & Tech Adoption
  • Supports municipalities demonstrating an innovative solution or approach to environmental issues
  • Up to $175,000 to cover up to 80% of eligible costs for all three study streams
 Yes agri, northern ontario, municipality, non profit,
Greenhouse Technology Network (GTN) Ontario Capital & Tech Adoption Research & Development
  • The program provides matching government funding towards projects that improve and implement greenhouse technologies to support industry innovation.
  • Up to $100,000 in contribution matching resulting in a maximum budget of $200,000 per project.
 Yes food, agri, cleantech
Jobs and Growth Fund (JGF) Ontario Hiring & Training Business Expansion Capital & Tech Adoption
  • Supporting economic growth and jobs creation projects.
  • Applicants can receive up to 50-90% of costs for economic growth projects.
 Yes cleantech, non profit, manufacturing
NOHFC INVEST North Program Ontario Business Expansion Capital & Tech Adoption Research & Development
  • Supporting economic development initiavitves in Northern Ontario by providing financial assistance towards projects that diversify their region
  • Receive up to $5,000,000 per project as either a grant or partially foregivable loan
 Yes research, university, manufacturing, media, agri, collaborative, northern ontario, cleantech,
Northern Ontario Heritage Fund Corporation (NOHFC) Ontario Business Expansion Capital & Tech Adoption
  • Supporting economic development initiavitves in Northern Ontario by providing financial assistance towards projects that diversify their region
  • Receive up to $2,000,000 per project as either a grant or partially foregivable loan
 Yes northern ontario, non profit, agri,
Ontario Automotive Modernization Program (O-AMP) Ontario Capital & Tech Adoption
  • Supports automotive businesses improve operational efficiency and competitiveness through the adoption of lean manufacturing processes and Industry 4.0-related technologies
  • Up to 50% of eligible project costs to a maximum of $150,000 in grants
 Yes auto, northern ontario,
Poultry and Egg On-Farm Investment Program (PEFIP) Canada-wide Capital & Tech Adoption
  • Helps supply-managed poultry and egg producers adapt to market changes
  • Covers 70-85% of eligible costs in grant funding
 Yes agri, tech, cleantech food
Rural Economic Development Fund (RED) Ontario Business Expansion Capital & Tech Adoption Research & Development
  • Supports regional economic development activities in rural southern Ontario communities
  • Up to 30-50% of eligible expenses to a maximum of $150,000-$250,000
 Yes northern ontario, cleantech, agri, municipality, non profit,
Southwestern Ontario Development Fund (SWODF) Ontario Business Expansion Capital & Tech Adoption
  • Supports companies investing in new facilities and equipment to advance regional priorities
  • Up to 15-50% of expenses to a maximum of $500k-$5M in grant or loan funding depending on stream
 Yes forest, manufacturing, energy, tech, software, municipality, non profit,
Strategic Innovation Fund (SIF) Canada-wide Capital & Tech Adoption Research & Development
  • Supports projects that drive sustained productivity and economic benefits
  • Submit a project budget of at least $20M and access up to 50% of eligible costs
 Yes software, cleantech, municipality, non profit,
Supply Management Processing Investment Fund (SMPIF) Canada-wide Capital & Tech Adoption
  • Supports the impacts of international trade agreements on processors in the agri-food sector
  • Receive up to 50% of costs to a max. of $5 million
 Yes agri, tech, food
thriveFORWARD Ontario Capital & Tech Adoption
  • Supports jobs throughout southern Ontario by promoting a green economy, fostering an inclusive recovery, and enhancing competitiveness.
  • Receive up to 50% of costs to a max. of $100,000
 Yes cleantech, tech, southern ontario,
Western Business Scale-up and Productivity (BSP) Program Western Canada Business Expansion Capital & Tech Adoption Research & Development
  • Helps businesses with high growth potential adopt/adapt innovative technologies that support productivity and export expansion
  • Access up to 50% of costs to a maximum $5M per application and $10M per applicant
 Yes forest, manufacturing, energy, tech, software, covid,
Zero-Emission Vehicle Awareness Initiative (ZEVAI) Canada-wide Capital & Tech Adoption
  • Supports projects that address knowledge gaps among Canadians on ZEV technologies to move forward to ZEV adoption
  • Up to 50% of total project costs, with a maximum contribution amount $300,000 per project
 Yes agi, software, auto, cleantech,
Zero-Emission Vehicle Infrastructure Program (ZEVI) Canada-wide Capital & Tech Adoption
  • Designed to increase a network of zero-emission vehicle charging and refuelling stations in more localized areas where Canadians live, work, and play
  • Up to 50% of costs to a maximum of $5M in Canadian government funding
 Yes agi, software, auto, cleantech,
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Capital Investment & Tech Grant News

Canadian Capital Investment & Technology Adoption Resources

To be successful over a long period of time, Canadian firms must continuously invest in operations. Purchasing technology and other assets can have immediate and sustained benefits that directly impact competitiveness, yet few companies have a defined plan for these investments. Forward-looking, proactive companies can continuously improve and offer better products/services to customers through internal investments, which makes planning and execution of investments so important.

What types of investments is your company making? Find resources to support your upcoming capital investment and technology adoption projects by choosing one of the following options:

Capital Investment Resources

Business investments that stimulate long-term competitiveness improvements are a focal point for government funding programs. Companies often encounter investment decisions where upfront costs must be considered relative to its long-term impact, with high return-on-investment (ROI) projects becoming the most urgent or prioritized. Government grants and loans can be used to strategically offset these costs and improve the financial return of capital investments. Explore the resources below to understand where capital investment fits in your growth plans and develop a strategy for success:

Technology Adoption Resources

Technology is improving at a exponential rate and Canadian companies need to continuously invest in innovations to improve productivity and remain competitive with other global firms. Not only can new technology help complete current tasks in less time and with greater accuracy, but it can also enable new processes that opens your company to new customers and revenue streams. Fortunately, there are many technology funding programs available for Canadian companies to use that reduce the upfront investment costs of innovative equipment. Explore the resources below to understand where technology adoption fits in your growth plans and develop a strategy for success:

Discover More Funding Resources for Capital Investment and Technology Adoption Projects

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Register for a session to continue exploring capital investment and technology adoption funding and other federal & provincial grant, loan, and subsidy programs including:

  • Capital and technology development/adoption;
  • Large-scale expansion grants and repayable funding programs;
  • Export development & business expansion activities;
  • Training and hiring for workforce development; and
  • Research and innovative projects.

Register for an upcoming Canadian government funding event to learn more about how funding works, how to navigate the government funding process, and support services to help develop a successful application.

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You can utilize our grant writing services if your Canadian business is:

  • Incorporated For 3+ Years
  • 15+ Payroll Employees
  • Positive Net Income
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