Closed
Source verified August 5, 2026
CME’s Technology Investment Program
Direct financial assistance for manufacturers in Southern Ontario
Funding available
$ 50,000
Deadline
January 15, 2024
Location
Ontario, Canada
Overview
CME’s Technology Investment Program provides matching funding of up to $50,000 to SME manufacturers in Southern Ontario. It helps finance long-term production assets and technology, including capital equipment, materials, and installation, to increase capacity and reduce emissions.
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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
- Technology Investment Program application form
- A proposed budget
- Supporting documents
Official resources
Eligibility
Who is eligible?
- Manufacturers in Southern Ontario
- SME manufacturers
- Manufacturing companies with 15 to 500 full-time employees (FTE) located in southern Ontario
Who is not eligible
- Applicants receiving other contributions toward the activities contained in the funding application from other government funded programs, including University or College Funding programs, Export Funding programs, and other related government funding programs
Eligible expenses
- Project management and consulting fees, excluding travel
- Direct labour devoted to the completion and management of the project
- Direct materials related to the project
- Training on new equipment related to the project
- Capital equipment and installation of capital equipment related to the project
Ineligible Costs and Activities
- Investments in ERP systems and general training
- Entertainment and meals
Eligible geographic areas
- Southern Ontario
Selection criteria
- Technology investments that aim to improve and modernize the manufacturing process, leading to increased productivity and competitiveness
- New additions that reduce environmental footprint
- Commitment to develop export markets, or be part of the value supply chain, or potential to become a strong global player on a regional or global basis
- Creation of long-term employment and high-value jobs
How to apply
- Complete and submit the Technology Investment Program application form
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?
CME’s Technology Investment Program provides matching funding of up to $50,000 to SME manufacturers in Southern Ontario. It helps finance long-term production assets and technology, including capital equipment, materials, and installation, to 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:
Manufacturer in Southern Ontario with 15 to 500 full-time employees
Incorporated business for 2 years or more continuously
Must demonstrate financial stability and not receive other government contributions for the same activities
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