Overview

The Advanced Manufacturing and Innovation Competitiveness (AMIC) Stream will provide financial support to advanced manufacturing companies with a focus on small and medium-sized enterprises across Ontario. It will provide investments in:

  • capital equipment
  • technology adoption
  • skills development

The types of support available include:

  • funding support
  • complementary services and support

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

The geographic area

The Advanced Manufacturing and Innovation Competitiveness (AMIC) Stream includes all of Ontario.

Who is eligible

The fund supports business and organizations in advanced manufacturing sectors, including:

  • aerospace
  • automotive
  • chemical
  • information and communications technology (ICT)
  • life sciences
  • steel

To be eligible, businesses need to:

  • have at least three years of operations/financial statements
  • employ at least 10 people
  • commit to creating at least five new jobs and/or upskilled current jobs
  • invest at least $500,000 in their project
  • be located in, or plan to locate in, a community in Ontario

Restrictions

You are not allowed to combine (or stack) AMIC funding with funding from other provincial programs.

Eligibility checklist

You can find the eligibility checklist on the Transfer Payment Ontario website.

You will need to speak with a provincial government advisor who can help you complete and submit the checklist.

Types of support available

Funding

Up to 15% of eligible project costs.

Loans

Up to 15% of funding to a maximum of $5 million, interest free during the project period (up to four years).

If you achieve your investment and job or upskilling targets, up to 30% of the loan (to a maximum of $500,000) may be forgiven.

Grants

Grants are available only for specific circumstances, up to 15% to a maximum:

  • of $500,000 for small companies located in rural communities
  • of $1.5 million for strategic projects that are foreign direct investments or from companies competing against other jurisdictions or companies with significant reshoring projects

Complementary supports and services

Complementary supports and services are available when you submit a completed application. This could include:

  • advisory services to help you navigate other government programs, such as guidance on compliance approvals
  • help with skills and talent
  • health and safety
  • environmental

These services are available for the duration of your project regardless of the funding outcome. Services will be coordinated by working with partner ministries until they are delivered, closed-out or finalized.

Application deadlines and decisions

There are two application intake periods per year. For application periods two, three and four, our target is to notify applicants of decisions approximately 60 business days from the application deadline.

Application period one

Application period ending February 17, 2022 is now closed. 

Application period two

Application opening: August 10, 2022 – September 22, 2022

Eligibility checklists (recommend submission for this intake period before): September 8, 2022

We strongly encourage you to submit your eligibility checklist by September 8th, 2022 so you will have enough time to complete your full application, if you are eligible to apply.

Application assessment period (60 business days): September 26, 2022 – December 20, 2022

Anticipated notification date: December 20, 2022

Application period three

Application opening: February 1, 2023 – March 16, 2023

Eligibility checklists (recommend submission for this intake period before): March 2, 2023

We strongly encourage you to submit your eligibility checklist by March 2nd, 2023 so you will have enough time to complete your full application, if you are eligible to apply.

Application assessment period (60 business days): March 20, 2023 – June 14, 2023

Anticipated notification date: June 14, 2023, 2023

Application period four

Application opening: July 20, 2023 – August 31, 2023

Eligibility checklists (recommend submission for this intake period before): August 17th, 2023

We strongly encourage you to submit your eligibility checklist by August 17th, 2023 so you will have enough time to complete your full application, if you are eligible to apply.

Application assessment period (60 business days): September 5, 2023 – November 29, 2023

Anticipated notification date: November 29, 2023

How to apply

Review the key documents including, program guidelines, sample eligibility checklist and a sample application form.

  1. contact a provincial government advisor for help with your check list and application
  2. register for Transfer Payment Ontario
  3. submit an eligibility checklist. We will confirm whether your project is eligible
  4. once you know you are eligible, work with your advisor to complete and submit the application forms, along with the required information

Selection criteria

Successful projects must:

  • align with the fund’s goals of supporting advanced manufacturing
  • support job creation or upskilling
  • provide economic benefits
  • be achievable (for example, applicants need to have the necessary financing, project management structure and experience to implement the project)

Contact

For advice on developing and strengthening your application, contact your provincial government advisor or our Business Advisory Services.

Central Region

Greater Toronto and Hamilton Area, Niagara Region and Simcoe County

Eastern Region

Western Region

Northern Region

Questions

For more information, email us at: rdp@ontario.ca.