Canadian Government Funding for Manufacturing Projects: 2017 Guide

Manufacturing

Ontario Government Funding for Manufacturing Projects

At the Ontario provincial level, government grants and loans are available to offset a portion of project costs related to capital investment & large-scale business expansion, purchasing energy-efficient production equipment, and providing third-party workforce training. Some of the best programs available in 2017 include:

  • Southwestern Ontario Development Fund (SWODF)/Eastern Ontario Development Fund (EODF): Provides support to accelerate facility expansion and integration of advanced manufacturing technologies. Companies may receive up to 15% of eligible project expenses to a maximum grant of $1.5 million, or up to $5 million in a combination of grants and loans. This funding can increase cash flow during the project, helping to accelerate its progress and expand its scope. Companies should be committed to hiring at least 15 employees because of the business expansion.
  • Canada-Ontario Job Grant: Encourages the upskilling of employees through third-party training programs. Manufacturers can implement a variety of skills-based training programs for their team to ensure their workforce has the skills needed to keep up with market demand. Employers may receive up to 50-83% of training costs to a maximum $10,000 per trainee, and are eligible to apply each 6 months.

Alberta Government Funding for Manufacturing Projects

At the Alberta provincial level, government grants and loans are available to offset a portion of project costs related to developing and commercializing manufacturing technologies, developing new export markets, and providing third-party workforce training. Some of the best government funding programs available in 2017 include:

  • Alberta Innovates: Provides access to government-funded research, development, and commercialization services. Alberta small business grants may be awarded for healthcare, energy, and environmental technologies, either developed internally or as part of a research and development partnership. One program in the Alberta Innovates network is the Product Demonstration Program, a grant providing $100,000-$300,000 for the commercialization of ready-to-use technologies.
  • Alberta Export Support Fund: Reduces the cost of attending trade shows in markets where less than 10% of company revenues have been collected over the past 12 months. Export grants will reduce costs by up to $2,000-$20,000 per project and help business executives gain new relationships in the market. Although this program does not cover the costs of exhibiting at the trade show, attendance fees and marketing material translation costs can be offset by up to 50%.
  • Canada-Alberta Job Grant: Encourages the upskilling of employees through third-party training programs. Manufacturers can implement a variety of skills-based training programs for their team to ensure their workforce has the skills needed to keep up with market demand. Employers may receive up to 66% of training costs to a maximum $10,000 per trainee, and a maximum of $300,000 per year.

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