The Government of Ontario has awarded over $1.8 million in government grants to support two large-scale business expansion projects in Welland, Ontario. The investment will allow Hydac Corporation and Northern Gold Foods to grow their operations and provide a greater contribution to the local economy. The manufacturers will receive funding through the Southwestern Ontario Development…
Canadian automotive original equipment manufacturers (OEMs) and Tier 1 automotive suppliers must adapt to changing market conditions and consumer trends. With the tooling and manufacturing industry shifting so dramatically as new innovative technologies are released, remaining up-to-date on top automotive manufacturing trends is the only way to support long-term success. Being proactive in your approach…
The Strategic Innovation Fund (SIF) is a Canadian government funding program that provides support for technology development and productivity-boosting projects. It promotes large-scale investments in Canada, while also encouraging technology transfer and development/commercialization of disruptive products and services. The Strategic Innovation Fund reduces eligible project costs by up to 50%; this helps businesses improve productivity…
The Government of Ontario recently awarded over $3 million in business expansion grants to support 10 growth and development projects within the Windsor-Essex region. The investment will help 10 local manufacturers offset large-scale capital investments that will allow the companies to increase capacity, improve productivity, and boost competitiveness. The contribution be provided through the Southwestern…
Natural Resources Canada (NRC)’s Canadian Industry Program for Energy Conservation (CIPEC) is a federal funding program designed to help manufacturers improve their energy efficiency. The initiative awards Canadian small business grants to support projects that develop and implement industrial energy conservation practices and processes. CIPEC provides industrial manufacturers with up to 50% coverage of eligible…
Please Note: ASCIP’s final application intake has closed. Ontario automotive manufacturers should explore the Ontario Automotive Modernization Program (OAMP) for funding support. The Automotive Supplier Competitiveness Improvement Program (ASCIP) is an Ontario government funding program that supports automotive parts suppliers’ capital investment initiatives. ASCIP grants support projects that help businesses increase their productivity, competitiveness, and innovation to…
Ontario manufacturer, Pan-Oston Ltd., has been awarded up to $100,000 in Ontario small business grants to create new jobs at its facility in Peterborough. The Government of Ontario’s investment will also allow the business to generate a network of manufacturers to attract new clients to the region area by highlighting the variety of available products…
The Canadian federal and provincial governments recognize the financial commitment businesses need to make to invest in growth and development initiatives. To help offset some of these costs, business owners can access government funding to maximize the impact of their strategic projects. Business owners and executives can become more aware of these opportunities by attending…
Improving energy performance is an objective of many Canadian manufacturers in 2017. Not only are energy-efficient facilities more environmentally sustainable, but they also provide a significant reduction in overall energy costs. To become more energy efficient, industrial energy users are developing and implementing energy conservation programs. Fortunately, these types of projects can receive cost-sharing assistance…
Alternative transportation methods are growing in popularity across the world. Instead of owning or leasing vehicles, people are increasingly looking for ride-sharing and hailing services which can reduce the cost and responsibility associated with travel. These new trends have been gaining momentum for years, but have recently become common in urban areas with higher population…