Automotive Supplier Innovation Program (ASIP)
Receive up to $10M in Grant Funding.
Industry Canada developed the Automotive Supplier Innovation Program (ASIP) as part of the Economic Action Plan 2015 to support Canadian automotive product and process development in order to promote competitiveness. The 2015-2020 program received a total of $100M to provide grant funding to automotive suppliers dedicated to creating new technologies in the automotive sector.
Funding Amount
Access up to 50% of costs to a maximum $10M per application.
Eligible Applicants
Canadian automotive supplier with <500 employees or <$1B in global revenues are eligible to apply.
Eligible Activities
Automotive product/process prototyping, product engineering, pre-commercial testing and validation.
Deadline to Apply
Permanently closed; consolidated into the Strategic Innovation Fund (SIF).
Apply for Funding
We provide an average 95% time savings to our clients, compared to businesses that apply for funding in-house.
