archived
Toronto Imagination, Manufacturing, Innovation and Technology (IMIT) Program
Tax incentive supporting eligible commercial construction and expansion in Toronto
Last Update: March 4, 2026
Funding available
Up to 70% of project cost
Timeline
- Archived
Location
Toronto, Ontario, Canada
Overview
The Imagination, Manufacturing, Innovation and Technology (IMIT) Program in Toronto aims to reduce business costs by supporting new building construction and/or expansions in targeted sectors and areas across the city. Eligible developments can benefit from a grant of 60% of the increase in municipal taxes attributable to the development over a 10-year period, which can be enhanced to 70% for targeted areas. The program also requires collaboration with the City to promote local employment through a points-based system.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Optimize production processes
- Develop workforce skills
Eligible Funding
- Up to 70% of project cost
Timeline
- Archived
Eligible candidates
Eligible Industries
- Manufacturing
- Wholesale trade
- Information and cultural industries
- Professional, scientific and technical services
- Administrative and support, waste management and remediation services
- Arts, entertainment and recreation
- Accommodation and food services
Location
- Toronto
- Ontario
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
The Toronto Imagination, Manufacturing, Innovation and Technology (IMIT) Program supports the construction of new buildings and the expansion of existing structures in targeted sectors across the city. These initiatives are aimed at reducing business costs and fostering economic growth in various industries.
- Construction and expansion of call centres.
- Development of computer systems design and services facilities.
- Establishment of information services and data processing centres.
- Building of office spaces with specific size criteria outside the Financial District.
- Creation of scientific research and development laboratories.
- Designing spaces for software development activities.
- Tourism attraction facilities meeting specific financial and visitor criteria.
- Biomedical operations involving manufacturing and research.
- Convergence centres focused on cluster or sector development.
- Production facilities for creative industries and film studios.
- Establishing food and beverage wholesaling locations for business-to-business activities.
- Development of incubators supporting entrepreneurial growth.
- Manufacturing facilities for diverse product processing and production.
Eligibility
Who is eligible?
This grant is available to businesses involved in specific sectors and eligible developments in Toronto, aiming to stimulate economic growth and job creation through strategic infrastructure development.
- Call Centres engaged in various telecommunication activities.
- Companies specializing in Computer Systems Design and Services.
- Businesses involved in Information Services and Data Processing.
- Office Buildings with stipulations based on location and size requirements.
- Scientific and software-focused Research and Development entities.
- Software Development organizations and Tourism Attractions with significant visitor potential.
- Biomedical operations and Convergence Centres fostering sector collaboration and development.
- Creative Industries and Film Studio Complexes engaged in cultural and media productions.
- Manufacturing and Food and Beverage Wholesaling enterprises.
- Incubators promoting entrepreneurship and small business growth.
Who is not eligible
This grant focuses on promoting growth in specific sectors, and as such, certain companies and industries may not be eligible due to their primary activities or location within non-designated areas.
- Companies located within the Downtown and Central Waterfront areas.
- Retail operations or warehouse clubs, even if ancillary to the main use.
- Doctor's offices, clinics, diagnostic labs, or hospitals related to patient health care.
- Live/work units in creative industries.
Eligible expenses
Eligible projects for this grant focus on new building construction and expansion within specific sectors and areas in Toronto. The activities aim to support various industries by reducing business costs and enhancing growth opportunities.
- Call Centres operations expansion.
- Computer Systems Design and Services development.
- Information Services and Data Processing establishment.
- Office Building development outside the Financial District.
- Scientific Research and Development projects.
- Software Development initiatives.
- Tourism Attractions development, excluding stadiums and arenas.
- Transformative Projects meeting set criteria.
- Biomedical Operations activities.
- Convergence Centres establishment focusing on sector development.
- Creative Industries projects.
- Film Studio Complex development with specified GFA.
- Food and Beverage Wholesaling without direct public sales.
- Incubators for start-up support and development.
- Manufacturing projects.
Eligible geographic areas
The IMIT Program applies to developments across the entire City of Toronto. Additionally, projects within Urban Growth Centres identified in the Toronto Official Plan are eligible for enhanced grants, except for those located in the Downtown and Central Waterfront.
- All areas within the City of Toronto.
- Urban Growth Centres identified on Map 2 of the Toronto Official Plan, excluding Downtown and Central Waterfront.
Additional information
The IMIT program includes administration fees and specific application processes for potential recipients.
- A program administration fee of 30 cents per square metre of eligible gross floor area will be charged annually for the grant period.
- Eligible applicants should contact Program Manager Julia Rigato at incentives@toronto.ca or by phone at 416-392-0466 to discuss their proposed development.
Contacts
Frequently Asked Questions about the Toronto Imagination, Manufacturing, Innovation and Technology (IMIT) Program Program
Here are answers to the most common questions about the Toronto Imagination, Manufacturing, Innovation and Technology (IMIT) Program. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Toronto Imagination, Manufacturing, Innovation and Technology (IMIT) Program?
The Imagination, Manufacturing, Innovation and Technology (IMIT) Program in Toronto aims to reduce business costs by supporting new building construction and/or expansions in targeted sectors and areas across the city. Eligible developments can benefit from a grant of 60% of the increase in municipal taxes attributable to the development over a 10-year period, which can be enhanced to 70% for targeted areas. The program also requires collaboration with the City to promote local employment through a points-based system.
How much funding can be received?
Toronto Imagination, Manufacturing, Innovation and Technology (IMIT) Program Funds up to 70% of admissible expenses.
Who is eligible for the Toronto Imagination, Manufacturing, Innovation and Technology (IMIT) Program program?
To be eligible for the Toronto Imagination, Manufacturing, Innovation and Technology (IMIT) Program program, you must:
Applications must be submitted prior to issuance of the first above-grade building permit.
The property must not be in arrears of property taxes or other fees and charges.
The applicant must be the owner of the property or their designated agent.
What expenses are eligible under Toronto Imagination, Manufacturing, Innovation and Technology (IMIT) Program?
The Toronto Imagination, Manufacturing, Innovation and Technology (IMIT) Program supports the construction of new buildings and the expansion of existing structures in targeted sectors across the city. These initiatives are aimed at reducing business costs and fostering economic growth in various industries. Construction and expansion of call centres.
Development of computer systems design and services facilities.
Establishment of information services and data processing centres.
Building of office spaces with specific size criteria outside the Financial District.
Creation of scientific research and development laboratories.
Designing spaces for software development activities.
Tourism attraction facilities meeting specific financial and visitor criteria.
Biomedical operations involving manufacturing and research.
Convergence centres focused on cluster or sector development.
Production facilities for creative industries and film studios.
Establishing food and beverage wholesaling locations for business-to-business activities.
Development of incubators supporting entrepreneurial growth.
Manufacturing facilities for diverse product processing and production.
Who can I contact for more information about the Toronto Imagination, Manufacturing, Innovation and Technology (IMIT) Program?
You can contact City of Toronto by email at incentives@toronto.ca or by phone at 416-392-0466.
Where is the Toronto Imagination, Manufacturing, Innovation and Technology (IMIT) Program available?
The Toronto Imagination, Manufacturing, Innovation and Technology (IMIT) Program program is available the province of Ontario.
Is the Toronto Imagination, Manufacturing, Innovation and Technology (IMIT) Program a grant, loan, or tax credit?
Toronto Imagination, Manufacturing, Innovation and Technology (IMIT) Program is a Grant and Funding