What Can the Green Industrial Facilities and Manufacturing Program Fund?
The Green Industrial Facilities and Manufacturing Program (GIFMP) — Industrial Facility Track is a strategic initiative aimed at supporting Canadian industrial facilities in implementing energy efficiency and energy management solutions. This program is particularly beneficial for facilities engaged in energy-consuming processes that transform materials into new products. For comprehensive details, consult the complete program guide.
Overview of the Program's Funding
The GIFMP's Industrial Facility Track offers financial assistance to help industrial facilities enhance their energy efficiency. Eligible projects can receive up to 50% of their costs covered—up to 100% for Indigenous or not-for-profit organizations—with funding ranging from a minimum of $40,000 to a maximum of $10 million per proposal. For specific funding calculations, visit the complete program guide.
Eligible Activities
Energy Efficiency Measures
The program funds a variety of activities aimed at improving energy efficiency across several areas:
Training and Workforce Development: This includes developing skills for energy management practitioners, ensuring the industrial sector has access to qualified professionals.
Energy Assessments and Audits: These activities help facilities identify opportunities for efficiency improvements, cost reductions, and emission cuts.
These activities are designed to build capacity, create jobs, and enhance the skills of the Canadian workforce.
Eligible Costs
Eligible expenses under the GIFMP include:
Salaries and Wages: For staff directly involved in the energy efficiency project.
Equipment and Technology: Investments in new equipment that lead to energy savings.
Consulting Fees: For experts who provide strategic guidance on energy management solutions.
For a complete breakdown of eligible expenses, refer to the program guide.
Ineligible Costs
The program does not cover:
Routine Operational Costs: Such as general overhead and maintenance that do not directly contribute to energy efficiency.
Costs Not Directly Related to the Project: Expenses unrelated to the approved activities.
Funding Disbursement and Claims
Funding is typically disbursed based on project milestones or as reimbursements. Detailed information on the claims process can be found in the complete program guide.
Conclusion
The Green Industrial Facilities and Manufacturing Program provides substantial support for industrial facilities aiming to improve energy efficiency. By focusing on eligible activities and costs, organizations can strategically plan their project funding. For full details and to ensure compliance with the latest program requirements, consult the official program guide.