As an auto parts supplier, learn how you can receive support when you introduce new technology or lean manufacturing to your business. The program is now open for applications. See details below:
Program Overview:
- Covers up to $100,000 per project, on a 50% match basis
- Two Streams of Projects:
- Technology Adoption
- Adopt advanced manufacturing hardware, software and/or training to improve processes and enhance competitiveness
- Lean Manufacturing
- Industry projects to improve operational efficiency and competitiveness through the adoption of techniques related to Lean Manufacturing, and by procuring the services of a mentor/consultant to assist with Lean implementation
- Technology Adoption
Program Eligibility:
- Must be in the automotive supply chain to OEM’s & at least 50% of your Company’s revenues must come from the automotive supply sector
- Companies must have less than 500 employees & less than $1 Billion in revenues globally
- Larger companies are eligible, but they must partner with at least one Ontario SME (as defined above)
- Must have a minimum of two (2) years financial statements
- Only expenses after O-AMP project approval, are eligible for reimbursement
- All detailed eligibility criteria can be found on the application portal
Application Details:
- Transfer Payment Ontario will serve as the application platform: http://www.grants.gov.on.ca/GrantsPortal/en/OntarioGrants/GrantOpportunities/PRDR019995
- The first intake period closes on October 18, 2019
Additional Information:
You can also learn more and apply to the program today at https://www.ontario.ca/page/ontario-automotive-modernization-program.
