The Advanced Manufacturing and Innovation Competitiveness Stream offers two types of funding:
Loans: Up to 15% of eligible costs up to a max of $5 million (interest-free for the project period; interest applied during repayment)with potential to forgive 30% or up to$500,000 if targets are met.
Grants: Only available for small companies (less than 100 FTEs) in rural locations or qualifying special projects, to a maximum of $500,000.A $1.5 million grant may be available in limited circumstances.
Application Period Five:
Application opening: July 29, 2024 – September 26, 2024
Application deadline: September 26, 2024
Notification date: December 20, 2024
How to Apply
Review the key documents including, program guidelines, and a sample application form.
Step1: complete the online self assessment tool.
Step 2: contact a provincial government advisor for help with your check list and application.
Step 3: register for Transfer Payment Ontario
- TPON is the Province of Ontario’s online application system for grant funding. Before applying for a funding opportunity, all applicants must first register with TPON following a three-step process.
- When registering an organization on TPON, ensure you have the necessary information (e.g., legal business name) and official business documents (e.g., Canadian Revenue Agency Business Number) readily available. Please enter the data accurately to avoid unnecessary delays.
- Applicants with technical questions about TPON can contact the TPON Customer Service Line toll-free at 1-855-216-3090 or toll free TTY at 1-800-268-7095, Monday to Friday from 8:30 a.m. to 5:00 p.m. Eastern Standard Time, or by email at tponcc@ontario.ca.
Step 4: work with your advisor to complete and submit the application forms, along with the required supplemental information. Learn about about submitting an application form on TPON.
Full Program Details: ontario.ca
An AMIC Webinar will be held on Thursday, September 5th, at 1:30pm providing an overview of the program to potential applicants: REGISTER NOW