Regional Development Program: Advanced Manufacturing and Innovation Competitiveness Stream
Learn how eligible companies can get support to make investments in technology, equipment or skills to improve your competitiveness.
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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:
- information and communications technology (ICT)
- life sciences
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
Ineligible projects include:
- ongoing operations including maintenance and capital replacement
- refinancing of existing business operations
- acquisitions and buyouts
- restructuring, or relocating to other jurisdictions within Ontario
- primary production
- construction (for example, residential development)
- personal services
- electricity generation
- waste management
You are not allowed to combine (or stack) AMIC funding with funding from other provincial programs.
Types of support available
Up to 15% of eligible project costs.
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 are available only for specific circumstances, up to 15% to a maximum:
- of $500,000 for small companies located in rural communities
- small and rural is defined as: a company and any of its related companies totaling less than 100 FTEs; and located in a municipality with a population of less than 100,000 people, or a population density of 100 people per square kilometre or less, as identified in the most recent Statistics Canada Census of Canadian population
- 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
- strategic projects are foreign direct investments or from companies competing against other jurisdictions or companies with significant reshoring projects
- reshoring is defined as a company: bringing manufacturing (for example, a full line or component) in house that is currently manufactured, outsourced or subcontracted at a location outside of Canada or manufacturing a product/component in Ontario to supply an Ontario manufacturer that currently sources that component from outside of Canada
- to be viewed as significant, the project must lead to a minimum of 15 new jobs in Ontario
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
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
The application period ending on February 17, 2022 is now closed.
Application period two
The application period ending on September 22, 2022 is now closed.
Application period three
Application opening: February 1, 2023 – March 16, 2023
Registration on TPON and consulting with regional advisor regarding your application is advised at least two weeks in advance of the application deadline, March 1st, 2023.
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 – September 14, 2023
Registration on TPON and consulting with regional advisor regarding your application is advised at least two weeks in advance of the application deadline, August 29th, 2023.
Application assessment period (60 business days): September 19, 2023 – December 13, 2023
Anticipated notification date: December 13, 2023
How to apply
Step1: complete the online self assessment tool.
Step 2: contact a provincial government advisor for help with your check list and application.
Step3: register for Transfer Payment Ontario
- TPON is the Province of Ontario’s online application system for grant funding. Before applying for a funding opportunity, all applicants must first register with TPON following a three-step process.
- When registering an organization on TPON, ensure you have the necessary information (e.g., legal business name) and official business documents (e.g., Canadian Revenue Agency Business Number) readily available. Please enter the data accurately to avoid unnecessary delays.
- Applicants with technical questions about TPON can contact the TPON Customer Service Line toll-free at 1-855-216-3090 or toll free TTY at 1-800-268-7095, Monday to Friday from 8:30 a.m. to 5:00 p.m. Eastern Standard Time, or by email at firstname.lastname@example.org.
Step 4: work with your advisor to complete and submit the application forms, along with the required supplemental information. Learn about about submitting an application form on TPON.
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)
For advice on developing and strengthening your application, contact your provincial government advisor or our Business Advisory Services.
Greater Toronto and Hamilton Area, Niagara Region and Simcoe County
For more information, email us at: email@example.com.