ADVANCED TECHNOLOGIES FOR GLOBAL GROWTH FOR SOUTHERN ONTARIO
IMPORTANT ANNOUNCEMENT:
The application intake for the SMART Advanced Technology for Global Growth program is now closed. Any project submitted at this time will be declined.
We continue to accept applications for the SMART Operational Assessments program for Northern Ontario.
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Southern Ontario Manufacturers eligible for up to $100,000 under FedDev Ontario's Investing in Business Growth and Productivity Initiative
Through FedDev Ontario’s Investing in Business Growth and Productivity (IBGP) initiative, the SMART Advanced Technologies for Global Growth (ATGG) program is designed to assist Southern Ontario manufacturers in adopting new technologies that have the potential to improve productivity and increase competitiveness in the global economy. The SMART program will support two types of funding components:
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Advanced Technology Assessments by qualified professionals who will examine the manufacturing performance of a company and recommend how advanced technologies could be implemented to improve the company’s productivity and capabilities. Advanced technology assessments will be eligible for funding of 50% of eligible costs to a maximum non-repayable contribution of $15,000.The findings from this assessment can assist companies in implementing a project under the SMART ATGG project funding component.
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Advanced Technology Adaptation/ Adoption Projects that will focus on improving productivity through the adaptation or adoption of new or upgraded advanced technologies, materials or processes, create jobs and increase global competitiveness. Advanced technology projects will be eligible for funding of 35% of eligible costs to a maximum non-repayable contribution of $100,000.
It is not a requirement for companies to complete an assessment first. If you have a project ready to start, you may submit an application for the project funding program only. This program is open to all export or export ready manufacturers in southern Ontario according to the census map (see here). To be eligible for SMART ATGG funding, applicants must be a small – mid size manufacturer in Southern Ontario with between 15 – 1000 employees in southern Ontario, have been incorporated for at least two years, are able to demonstrate financial stability, and are looking to invest in advanced technology solutions which will improve competitiveness and support growth by creating jobs and increasing export sales.