Closed
Source verified July 4, 2026
CME’s Technology Investment Program
Funding for manufacturing technology investments
Funding available
$ 50,000
Deadline
January 15, 2024
Location
Ontario, Canada
Overview
The Technology Investment Program — CME supports SME manufacturers in Southern Ontario with matching funding for technology investments. It helps finance capital equipment, materials, training on new equipment, installation, professional service fees, and direct labour for projects that increase capacity and reduce emissions.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase production or service capacity
- Implement environmental initiatives
Eligible Funding
- Maximum amount : 50,000 $
- Up to 50% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Ontario
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- 15-500 employees
Audience
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Investment in long-term production assets and technology
- Automation and modernization of manufacturing operations
- Technology adoption to increase capacity and reduce production emissions
Documents Needed
- Completed application form
- Project budget breakdown
- Business activities and objectives
- Project details and expected benefits
- Supporting documents and final expense claim
Official resources
Eligibility
Who is eligible?
- Manufacturing companies
- SME manufacturers
- Businesses located in Southern Ontario
Who is not eligible
- Businesses outside Southern Ontario
- Companies already receiving other government contributions for the same activities
- Businesses not in manufacturing
Eligible expenses
- Project management and consulting fees, excluding travel
- Direct labour, direct materials, and training on new equipment
- Capital equipment and related installation costs
Ineligible Costs and Activities
- ERP system investments
- General training
- Entertainment and meals
Eligible geographic areas
- Southern Ontario
- Brant
- Bruce
- Chatham-Kent
- Toronto
- York
Selection criteria
- Improving and modernizing the manufacturing process
- Reducing the environmental footprint
- Developing export markets or strengthening supply chain position
- Creating long-term employment and high-value jobs
How to apply
- Step 1
- Complete and submit the application form.
- Provide business activities, objectives, project details, budget, and benefits.
- Step 2
- CME and industry experts review the application and may request supporting documents.
- Wait for the approval decision, usually within 45 business days.
- Step 3
- If approved, sign the contribution agreement.
- Receive the initial payment after the signed agreement.
- Step 4
- Complete the project and submit the final report and expense claim.
- Provide invoices and supporting documents for final review and payment.
Processing and Agreement
- Applications are reviewed by CME and industry experts.
- Additional documents or clarifications may be requested.
- Applicants are notified of approval or rejection within about 45 business days.
- Approved applicants receive a contribution agreement before payment.
- Final reports and expense claims are reviewed before final payment.
Additional information
- Only one project will be funded per company.
- The program is first come, first served until funds are exhausted.
- Reports and expense claims for approved investments must be submitted by January 15, 2024.
- Approved projects must be completed by December 31, 2023.
Contacts
Frequently Asked Questions about the CME’s Technology Investment Program Program
What is the CME’s Technology Investment Program?
The Technology Investment Program — CME supports SME manufacturers in Southern Ontario with matching funding for technology investments. It helps finance capital equipment, materials, training on new equipment, installation, professional service fees, and direct labour for projects that increase capacity and reduce emissions.
How much funding can be received?
CME’s Technology Investment Program Funds up to 50% of admissible expenses, capped at $50,000 per project.
Who is eligible for the CME’s Technology Investment Program program?
To be eligible for the CME’s Technology Investment Program program, you must:
Incorporated manufacturer in Southern Ontario.
At least 2 years in business.
15 to 500 full-time employees.
What expenses are eligible under CME’s Technology Investment Program?
Investment in long-term production assets and technology
Automation and modernization of manufacturing operations
Technology adoption to increase capacity and reduce production emissions
Who can I contact for more information about the CME’s Technology Investment Program?
You can contact Canadian Manufacturers & Exporters (CME) by email at on.technologyinvestments@cme-mec.ca or by phone at 647-633-7679.
Where is the CME’s Technology Investment Program available?
The CME’s Technology Investment Program program is available the province of Ontario.
Is the CME’s Technology Investment Program a grant, loan, or tax credit?
CME’s Technology Investment Program is a Grant and Funding