Investing in Business Growth and Productivity
Investing in Business Growth and Productivity is a repayable non-interest bearing loan that supports Southern Ontario businesses in terms of market or facility expansion and the adoption of new technologies to improve productivity for increased competitiveness in global markets.
- Amount: 25% of eligible project costs up to $20M;
- Eligible Costs: Improvement or construction of facilities, new or adapted processes and equipment, training, direct costs such as labour and professional expertise, etc.;
- Criteria: Small- and medium-sized manufacturers based in Southern Ontario, 15-1,000 employees, track record of profitability, expectation of increased export sales and job creation;
- Additional Info: This program is scheduled to close on December 31, 2018. All projects must be finished by this date.
