The¬ AIME¬†program has been established by The Yves Landry Foundation with an intention to offer manufacturers in south, central and eastern Ontario up to $100,000 to offset the costs of training expenses related to supporting innovation and achieving a competitive advantage.
This week Yves Landry Foundation received an $11 million investment to extend its¬ Achieving Innovation and Manufacturing Excellence (AIME) Global initiative¬†into 2021, with a focus on support for companies that are adopting clean technologies and those providing training opportunities for Indigenous peoples, women and youth. Some of the¬ examples of eligible training opportunities¬ include but are not limited to:
Lean manufacturing training
Advanced equipment skills training
Knowing how popular those areas of training are among our clients, we recommend you to¬ check your eligibility¬†and start application process today.
In these past few weeks of the summer I wanted to share with you the wisdom of navigating the Canadian funding landscape captured in my¬ book Get Funded!¬ There is still enough time to do the funding homework before the kids return to school and the fall’s busy weeks start.
You have an exclusive opportunity to buy the book at¬ 50% off, plus free shipping, but only until September 9, 2019.
YOU WILL LEARN:
How to navigate the variety of the funding options in Canada ‚Äď government, bank and private funding, and how not to get lost
How to determine your funding needs and select the right funding options
Tips from the funders and writers on how to increase the chances of getting the funding
Examples of the best answers to the questions in the application forms
Little-known details about term loans, lines of credits, mortgages, government grants, tax credits, customs duty drawback, angel & venture capital funding, leasing, asset-based lending, factoring and much more.
I‚Äôm pleased to share two exciting news with you.
First of all, Federal government launched a new incentive program for businesses in Ontario, New Brunswick, Manitoba and Saskatchewan, called¬ Climate Action Incentive Fund (CAIF)¬†which provides 25% of the project cost up to a maximum of $250,000. The purpose of CAIF is to facilitate greenhouse emission reduction projects in the following categories:
Retrofitting and upgrading of existing production equipment
Fuel switching to lower emitting energy sources
Process changes to reduce energy
Building retrofit including HVAC, lighting, building envelope upgrades and building automation
Heavy-duty vehicle retrofits
Changes to agricultural processes to improve energy efficiency
Fuel switching to lower emitting energy sources in agricultural operations
The deadline is October 15, 2019 but don’t wait until the last moment.
Secondly, this is an exciting limited time opportunity for the businesses to take advantage of stacking two government energy conservation incentives – Federal (CAIF) and Provincial.
With products and services from our partner¬ Green Management Group¬†this opportunity can enable your business to reduce the price of energy conservation upgrades for your buildings such as LED lighting.
We will apply on your behalf for both the Federal, Climate Action Incentive Fund, incentive (open till mid October 2019 or fund depletion) and the longstanding saveONenergy provincial incentive to reduce the cost of energy saving building retrofits by up to 50% or more.
Energy conservation retrofits significantly reduce fixed overheads and free up cash and electrical capacity for other equipment. Attached please find further information regarding this limited-time funding opportunity.
Other renewable energy projects such as roof-top solar PV, Solar heating etc. from Green Management Group are eligible for CAIF funding that will cover up to 25% of the installed project cost.
Month of August is quickly approaching and I would like to give you heads up on the great program in the Agri-Food sector, that will begin accepting applications starting August 15.
Place to Grow: Agri-Food Innovation Initiative provides cost-share funding opportunities to agriculture and food-value chain partners, which encourages greater collaboration to identify opportunities and address challenges in the sector.
The Place to Grow program will allow organizations to apply for projects in key priority areas, including:
Labour supply and training challenges (new category).
Economic development in the agri-food and agri-products sectors.
Environmental stewardship to enhance water quality and soil health.
Protection and assurance to reinforce the foundation for public trust in the sector through improved assurance systems in food safety and plant and animal health.
The new programming will encourage interest from outside the agri-food sector to participate on broad-impact projects that will benefit from different kinds of expertise. It’s expected such projects will see new partners engaged to further drive innovation in areas such as advanced manufacturing and the greater use of data available to the sector.
All program details including the program guide and application forms will be available online in August 2019.
Eligible applicants can apply for cost-share funding from August 15 to September 27, 2019 at 5 p.m. Eastern Daylight Time.