If your manufacturing company is situated in Southern Ontario and is planning on purchasing or upgrading equipment, or planning on attending an upcoming trade show, then you could be receiving a grant for 1/3 of your costs (up to $75,000) from Canadian Manufacturers and Exporters (CME). CME is Canada’s largest trade and industry association for manufacturers. Through their partnership with Fed Dev, CME’s Smart Prosperity Now‘s funding objective is to support the implementation of projects that lead to increased export opportunities.
Smart Prosperity Now’s eligibility criteria are as follows:
- Manufacturer is situated in Southern Ontario and employs between 15 to 1,000 employees
- Company must be in business for at least 2 years
- Project must lead to increased export opportunities
At the moment, CME has $18.9 allocated to the Prosperity Now fund and has a mandate to utilize these funds support up to 500 SMEs in Southern Ontario. It is anticipated that the intake will be open until March 2013, so put in your application now to apply for this funding. Contact NorthBridge Consultants for more information about CME’s Prosperity Now initiative, or watch CME’s webinar here.