How much funding can be received?

Funds up to 33% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the REGI — Targeted Manufacturing Initiative for Northern Ontario?

REGI — Targeted Manufacturing Initiative for Northern Ontario is funded by Federal Economic Development Agency for Northern Ontario (FedNor), Government of Canada

REGI — Targeted Manufacturing Initiative for Northern Ontario

Last Update: March 15, 2025

ON, Canada

Funding for manufacturers in Northern Ontario

REGI — Targeted Manufacturing Initiative for Northern Ontario at a glance

Eligible Funding

Up to 33% of project cost

Timeline

Continuous Intakes

Financing Type

Grant and Funding

Eligible Industries

Manufacturing

Grant Providers

Federal Economic Development Agency for Northern Ontario (FedNor)
Government of Canada

Status

Open

Overview of the REGI — Targeted Manufacturing Initiative for Northern Ontario program

Get a repayable contribution to increase efficiency, modernize your facilities or increase export sales for your SME manufacturing business.

Financing terms and conditions

Funding for this initiative involves specific terms and conditions to ensure financial support aligns with project goals. Beneficiaries must adhere to defined contribution limits and repayment terms.

Assistance available for SMEs is repayable, ensuring funds are returned under agreed terms.
FedNor will typically contribute up to 33% of eligible capital costs.
FedNor can cover up to 50% of eligible non-capital costs.
Costs incurred prior to funding approval are generally ineligible unless prior written consent is obtained from FedNor.

Eligible projects & activities

The REGI — Targeted Manufacturing Initiative for Northern Ontario grant supports activities focused on enhancing productivity and competitiveness through modernization and improvement of manufacturing processes. These activities are aimed at transforming existing manufacturing operations for better efficiency and capability.

Improvement and modernization of the manufacturing process to increase productivity and competitiveness.
Purchases of plant equipment, including digital hardware and software, directly involved in the manufacturing process.
Installation and commissioning of newly acquired equipment.
Training programs for the effective use of new equipment.
Implementation of operational improvements based on recommendations from an Operational Assessment, including lean manufacturing techniques and ICT upgrades.
Modernizing production facilities by upgrading existing production equipment, such as automation and robotics.

Examples of admissible projects:

$ 150,000

Implement a new automated packaging line to boost production capacity

$ 100,000

Renovate facility to include automated quality control systems and operator training

$ 120,000

Modernize production facility with energy-efficient equipment to reduce operational costs

$ 100,000

Upgrade CNC machines to include the latest software for enhanced precision and productivity

$ 200,000

Upgrade manufacturing line with automated robotics and software integration to enhance productivity

$ 130,000

Introduce lean manufacturing processes to reduce waste and improve efficiency

Eligibility criteria of the REGI — Targeted Manufacturing Initiative for Northern Ontario program

Eligibility for this grant is determined by specific requirements related to the applicant's business operations and location.

The applicant must be an established manufacturer.
The manufacturer must be located in Northern Ontario.
The primary line of business must be the manufacture of a commercial product.
The business must be planning for growth.

Who is eligible?

Eligible applicants are established manufacturers located in Northern Ontario. For further clarity, established manufacturers means firms currently operating, whose primary line of business is the manufacture of a commercial product and that are planning for growth.

Who is not eligible

This grant is focused on supporting established manufacturers in Northern Ontario, and as such, companies outside this scope are not eligible. This ensures that the funding is directed toward manufacturers whose primary business is producing commercial products.

Companies not located in Northern Ontario.
Businesses whose primary activity is not manufacturing a commercial product.

Eligible expenses

This grant supports the modernization and enhancement of manufacturing processes to increase productivity and competitiveness in Northern Ontario's manufacturing sector. Eligible activities focus on upgrading equipment and implementing operational improvements that lead to enhanced manufacturing capabilities.

Improving and modernizing the manufacturing process to boost productivity and competitiveness.
Purchases of plant equipment, including digital hardware and software integral to the manufacturing process.
Installation and commissioning of new manufacturing equipment.
Training on the utilization of new equipment.
Implementing recommendations from operational assessments, such as lean manufacturing, ISO certification, quality controls, and ICT improvements.
Upgrading and modernizing production facilities, including automation and robotics.

Eligible geographic areas

This grant supports manufacturers located in Northern Ontario, reflecting FedNor's commitment to the regional economy. Eligibility is determined by the operational location of the companies within these geographical boundaries.

All areas within Northern Ontario, Canada.

Eligibility criteria of the REGI — Targeted Manufacturing Initiative for Northern Ontario program

The evaluation and selection of projects for this grant are based on specific criteria with a focus on the project's contribution to FedNor's objectives for enhancing manufacturing in Northern Ontario.

Project's potential to enhance manufacturing capability and efficiently modernize the production facilities.
Contribution to creating a modernized and competitive manufacturing sector in Northern Ontario.
Increase in export sales and profitability as a result of the project.
Comprehensive work plan detailing productivity improvements or equipment upgrades, including clear milestones and timelines.
Evidence of operational capacity to implement the project successfully based on past financial performance and results.
Reasonable forecast results demonstrating how the project will benefit the business operations with target performance measures.
Identification and articulation of the project's expected benefits for Northern Ontario.

How to apply to the REGI — Targeted Manufacturing Initiative for Northern Ontario program

Contact a FedNor Officer

Call FedNor at 1-877-333-6673 to discuss your project proposal with a FedNor Officer.
Consult with the officer to understand the current budget availability and receive guidance on your eligibility and application process.

Prepare Your Proposal

Develop a work plan detailing the productivity improvement or equipment upgrade, including milestones and timelines.
Explain how the project will enhance competitiveness and productivity.
Provide financial statements for the past three years along with interim statements if applicable.
Include a review of the competitive landscape and how the project will benefit business operations with performance measures and forecasts.

Submit Your Application

Submit your completed application along with all required documentation to FedNor for assessment.
Be attentive to any specific submission instructions provided by FedNor.

Additional information

Here are additional relevant details for this grant:

Funding assistance is generally repayable for SMEs.
FedNor typically contributes up to 33% of eligible capital costs and up to 50% of eligible non-capital costs.
Costs incurred before application approval are generally ineligible for reimbursement unless written consent is given by FedNor.
Project benefits must accrue to Northern Ontario to be considered eligible.
An overview of how the competitive landscape was reviewed must be included in the application.

Contact Federal Economic Development Agency for Northern Ontario (FedNor)

1-877-333-6673

Apply to this program

Support for digital modernization for SMEs in Ontario