Advanced Manufacturing Investment Strategy (AMIS)

Who is eligible?

• Manufacturing companies located in Ontario
• Companies from all manufacturing sectors in Ontario

Eligible expenses

• Research and development expenses.
• Purchase of equipment and machinery.
• Materials required for project implementation.
• Construction or facility improvements.
• Training costs related to the project.
• Overhead expenses.
• One-time labour costs.

Eligible geographic areas

• Ontario

• Respect for the job creation or maintenance targets and investment agreed upon between the company and the province.
• Approval of the project according to the guidelines of the AMIS evaluation committee.
• Joint decision by the Ministries of Finance and Economic Development based on the program criteria.

• Step 1: Application Preparation
  • Gather detailed information about your manufacturing project, including project scope, objectives, eligible costs, and intended job creation or investment commitments.
  • Assemble all necessary supporting documentation to demonstrate project eligibility and alignment with AMIS priorities (such as research and development, equipment procurement, facility improvements, etc.).
• Step 2: Submit Application
  • Complete the AMIS application form as provided by the Ontario government.
  • Submit your application and supporting documents through the designated Ontario government portal or as directed by the program guidelines.
• Step 3: Application Review and Evaluation
  • Your application will be reviewed by the AMIS Assessment Committee based on compliance with program guidelines.
  • The Ministers of Finance and Economic Development will approve or deny applications according to committee recommendations.
• Step 4: Decision Notification
  • Receive a decision regarding your application, typically within 45 calendar days after submission (this may be longer for complex projects).
• Step 5: Loan Terms Negotiation
  • If approved, negotiate the specific loan terms with the government.
  • Establish mutually agreed-upon targets for job creation/retention and investment.

• The loan is interest-free and principal payment-free for up to five years, contingent on meeting agreed job and investment targets.
• Projects benefiting from the SR&ED program remain eligible for AMIS, with no impact on SR&ED eligibility or returns.
• Loan terms are negotiated individually for each recipient company.
• The decision process for most applications is completed within approximately 45 calendar days, though complex applications may require additional time.