This program provides financial support to advanced manufacturing companies with a focus on small- and medium-sized enterprises across Ontario. The fund supports projects that: create jobs and build talent, attract, and encourage private sector investment, help companies to adopt technologies that improve their competitiveness, lead to business growth and broad positive economic impacts, encourage innovation, collaboration, and cluster development.
How Much Funding?
Funding – up to 15% of project costs.
Loan – Up to 15% of funding to a maximum of $5 million.
Grant – 15% of $500,000 for small companies located in rural communities
WHO QUALIFIES?
Eligible Activities & Expenditures
Capital Equipment
Technology Adoption
Skills Development
PROGRAM DEADLINE
Our team will review your application and provide funding recommendations within a few weeks. If your project is approved, you’ll receive funding to cover a portion of eligible project costs.
Ready to take your business to the next level? Contact EVAMAX today to learn more and start your application process.
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