There are a multitude of funding programs available on the federal and provincial level. See the table below for funding programs specific to this industry
By 2030, 30% of the automotive industry’s revenue will be generated from emerging technologies. Technological innovation is a key component in this change, bringing us new automotive tech including the zero-emission electronic vehicle (EV). It’s also estimated by 2030, 15% of new cars sold will be fully autonomous vehicles. Advances in AutoTech have fostered the development of automobiles with higher connectivity and increased safety features. To encourage innovation, the provincial and federal government have programs in place that help finance R&D and other expenditures. Explore the funding programs available below. Contact a Funding Expert to learn how to get your grant application started!