Regional Development Program — Advanced Manufacturing and Innovation Competitiveness Stream
ON, Canada
Funding and business support for Ontario SMEs
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|fromMinToMax
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateFebruary 01, 2023
- grant_single|closingDateMarch 16, 2023
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Manufacturing
grant_single|grantors
- Government of Ontario
grant_single|status
grant_card_status|closed
grant_single_labels|preview
Your advanced manufacturing company can get the funding, tools, technology and talent needed to grow, compete and innovate in an increasingly competitive global market.
grant_single_labels|projects
Yes, projects and activities eligible for this grant focus on job creation, technology adoption, and fostering business growth and innovation. These efforts aim to strengthen Ontario's economic future and create skilled employment opportunities.
- Create jobs and build talent
- Attract and encourage private sector investment
- Help companies adopt technologies to improve their competitiveness
- Lead to business growth and broad positive economic impacts
- Encourage innovation, collaboration, and cluster development
grant_single|admissibleProjectsExample
$500,000
Launch a green energy project to retrofit manufacturing facilities and create sustainable jobs
$500,000
Expand our tech startup by adopting cloud technologies and hiring skilled IT professionals
$500,000
Develop a training center to upskill workers with advanced manufacturing skills
$500,000
Implement automation technology to enhance production efficiency and create new skilled jobs
$500,000
Create a research lab for developing advanced materials and fostering innovation
$500,000
Upgrade factory machinery to increase production capacity and create more jobs
grant_single_labels|admissibility
The grant supports projects that create jobs, attract private sector investment, help companies adopt technologies, and encourage innovation. It is focused on advanced manufacturing companies, particularly small and medium-sized enterprises (SMEs) in Ontario.
- Create jobs and build talent
- Attract and encourage private sector investment
- Help companies to adopt technologies to improve their competitiveness
- Lead to business growth and broad positive economic impacts
- Encourage innovation, collaboration and cluster development
grant_eligibility_criteria|who_can_apply
Yes, there are eligible types of companies for the Advanced Manufacturing and Innovation Competitiveness (AMIC) stream. The grant specifically targets advanced manufacturing companies with a focus on small and medium-sized enterprises (SMEs) across Ontario.
- Advanced manufacturing companies
- Small and medium-sized enterprises (SMEs)
grant_eligibility_criteria|who_cannot_apply
Certain types of companies are not eligible for the Advanced Manufacturing and Innovation Competitiveness (AMIC) Stream grant. Below is a list of ineligible project types:
- Ongoing operations including maintenance and capital replacement
- Refinancing of existing business operations
- Acquisitions and buyouts
- Restructuring, or relocating to other jurisdictions within Ontario
- Primary production
- Retail
- Construction (for example, residential development)
- Personal services
- Consulting
- Electricity generation
- Waste management
- Recycling
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant are detailed in the program guidelines and include specific categories.
- capital equipment
- technology adoption
- skills development
grant_eligibility_criteria|zone
The eligible geographic zones for this grant include all of Ontario.
- Greater Toronto and Hamilton Area
- Niagara Region
- Simcoe County
- Central Region
- Eastern Region
- Western Region
- Northern Region
grant_single_labels|criteria
The Advanced Manufacturing and Innovation Competitiveness Program evaluates and selects projects based on criteria that prioritize job creation, private sector investment, technology adoption, and economic impacts. Projects are assessed to ensure they foster innovation, collaboration, and cluster development to support Ontario's economic growth.
- Create jobs and build talent
- Attract and encourage private sector investment
- Help companies to adopt technologies to improve their competitiveness
- Lead to business growth and broad positive economic impacts
- Encourage innovation, collaboration, and cluster development
grant_single_labels|register
- Step 1: Review the program guidelines.
- Content: Read the full program guidelines to understand the objectives, eligibility criteria, types of support, and application process for the Advanced Manufacturing and Innovation Competitiveness (AMIC) stream.
- Implications: Ensures a comprehensive understanding of the program and aligns your project with the fund’s goals.
- Step 2: Contact a provincial government advisor.
- Content: Reach out to the regional contact corresponding to your geographic area for advice on developing and strengthening your application.
- Implications: Provides tailored support and increases the chance of a successful application.
- Step 3: Prepare your application.
- Content: Develop and compile all necessary information and documentation required for submission according to the program guidelines.
- Implications: Ensures all required elements are included, which can lead to a smoother review process.
- Step 4: Submit your application.
- Content: Submit the completed application through the specified channels.
- Implications: Entry into the official review process for the grant.
grant_single_labels|otherInfo
The Advanced Manufacturing and Innovation Competitiveness Stream Program focuses on providing funding and support to SMEs in Ontario to help them adopt advanced technologies, create jobs, and drive economic growth.
- Eligible for small and medium-sized enterprises (SMEs) across Ontario
- Investments in capital equipment, technology adoption, and skills development
- Geographically includes all of Ontario
- Contact options via email and toll-free numbers for different regions (Central, Eastern, Western, Northern)
- Program aims to attract private sector investment and encourage innovation and cluster development
grant_single_labels|documents
grant_single_labels|contact
rdp@ontario.ca
1-855-216-3090
Apply to this program
Summary of the Advanced Manufacturing and Innovation Competitiveness (AMIC) Stream Program
The Advanced Manufacturing and Innovation Competitiveness (AMIC) Stream Program aims to provide financial support to advanced manufacturing SMEs in Ontario, focusing on investments in capital equipment, technology adoption, and skills development. These investments are designed to accelerate recovery, enhance global competitiveness, and create high-skilled jobs in Ontario.
Comprehensive Guide to the Advanced Manufacturing and Innovation Competitiveness (AMIC) Stream Program
The Advanced Manufacturing and Innovation Competitiveness (AMIC) Stream Program is a targeted initiative by the Ontario government designed to revitalize the manufacturing sector, particularly small and medium-sized enterprises (SMEs). This program is pivotal for businesses looking to enhance their operational capabilities, adopt new technologies, and contribute to the overall economic growth of Ontario. In this detailed guide, we will comprehensively explore the AMIC Stream Program, its objectives, eligibility criteria, application process, and other essential details that potential applicants need to know.
About the AMIC Stream Program
The AMIC Stream Program is aimed at bolstering the advanced manufacturing sector by providing financial support to SMEs. The program is part of a broader strategy to place Ontario’s manufacturing sector in a competitive position globally. The primary focus is on:
- Capital Equipment: Investments in new or upgraded machinery and equipment to enhance production capabilities and efficiencies.
- Technology Adoption: Encouraging the implementation of advanced technologies that improve competitiveness, productivity, and innovation.
- Skills Development: Facilitating workforce training and development to ensure that employees possess the necessary skills to utilize advanced technologies and methodologies.
Overall, the program aims to create more high-skilled jobs, attract private sector investments, stimulate economic growth, and secure Ontario’s manufacturing future.
Objectives of the AMIC Stream Program
The AMIC Stream Program is structured around several key objectives:
- Job Creation and Talent Building: One of the primary goals is to generate high-quality jobs and develop a skilled workforce that can drive innovation and productivity.
- Private Sector Investment: The program aims to attract and encourage private sector investment, thereby ensuring sustainable growth and development.
- Technology Adoption: By supporting technology adoption, the program helps companies stay competitive in a rapidly evolving global marketplace.
- Business Growth and Economic Impact: The AMIC Stream Program aspires to foster business growth that leads to broad positive economic impacts.
- Innovation and Collaboration: Encouraging innovation, collaboration, and cluster development within the advanced manufacturing sector is essential for maintaining a competitive edge.
Eligibility Criteria
To be eligible for the AMIC Stream Program, applicants must meet certain criteria:
- Geographic Location: The program is open to businesses located within Ontario.
- Business Type: Only advanced manufacturing companies are eligible, with a particular focus on small and medium-sized enterprises (SMEs).
- Project Scope: Projects should align with the program’s objectives and focus areas, including capital equipment investment, technology adoption, and skills development.
- Job Creation: Proposed projects should demonstrate potential for job creation and talent development.
- Economic Impact: Projects must exhibit the potential to attract private sector investment and foster significant economic growth.
Types of Support Available
The AMIC Stream Program offers two main types of support:
- Funding Support: Financial assistance is provided to support eligible projects. This may include grants, loans, or other forms of financial incentives.
- Complementary Services and Support: Beyond financial assistance, the program may offer additional support services aimed at strengthening project execution and success.
Application Process
The application process for the AMIC Stream Program involves several steps:
- Initial Consultation: Potential applicants are encouraged to contact a provincial government advisor for guidance on developing and strengthening their applications. This can be done via email or through the provided toll-free numbers, depending on the region.
- Project Proposal Submission: Applicants must submit a detailed project proposal outlining their objectives, the nature of the project, expected outcomes, and alignment with the program’s goals.
- Review and Assessment: Submitted proposals will undergo a thorough review and assessment process to ensure they meet the program’s eligibility criteria and objectives.
- Approval and Funding Agreement: Successful applicants will enter into a funding agreement outlining the terms and conditions of the financial support provided.
- Project Implementation and Reporting: Approved projects must be implemented as per the agreement, with regular reporting on progress and outcomes.
Eligible and Ineligible Costs
Understanding which costs are eligible for funding and which are not is crucial for applicants. The following provides an overview:
- Eligible Costs:
- Costs related to the purchase of capital equipment.
- Expenses associated with technology adoption and implementation.
- Costs of workforce training and skills development programs.
- Project-related travel and logistics expenses.
- Consulting and professional service fees directly related to the project.
- Ineligible Costs:
- General operating expenses not directly related to the project.
- Costs incurred before the project approval date.
- Marketing and promotional expenses.
- Costs related to real estate purchases or leases.
- Salaries and wages not directly associated with the project.
Contact Information
For assistance with the application process or to discuss project ideas, applicants can contact the provincial government advisors through the following regional contacts:
- Central Region: Greater Toronto and Hamilton Area, Niagara Region, and Simcoe County
- Email: centralregionbas@ontario.ca
- Toll-free: 1-800-267-6592
- Eastern Region:
- Email: easternregionbas@ontario.ca
- Toll-free: 1-800-267-6592
- Western Region:
- Email: westernregionbas@ontario.ca
- Toll-free: 1-800-267-6592
- Northern Region:
- Contact a northern development advisor.
- Toll-free: 1-866-711-8304
Additional inquiries about the program can be directed via e-mail to the appropriate regional contact.
Conclusion
The Advanced Manufacturing and Innovation Competitiveness (AMIC) Stream Program is a robust initiative aimed at transforming Ontario’s manufacturing sector. By providing financial support and complementary services, the program seeks to enhance the global competitiveness of SMEs, stimulate economic growth, and create high-skilled jobs. Companies looking to participate in this program should ensure that their projects align with the program’s objectives and prepare detailed applications to maximize their chances of receiving support. For detailed guidance, consulting with provincial advisors and thoroughly understanding the program guidelines is essential.
This comprehensive guide serves as an essential resource for potential applicants, providing clarity on the program’s objectives, eligibility criteria, and application process. By leveraging the opportunities offered by the AMIC Stream Program, advanced manufacturing companies in Ontario can significantly enhance their capabilities and contribute to the economic prosperity of the region.
