We’re excited to inform you that Ontario Automotive Modernization Program (OAMP) is now open for applications.
The program partners with small- and medium-sized automotive parts suppliers in Ontario to help modernize Ontario’s automotive supply chain to make it more competitive and responsive to the changing needs of its customers.
Eligibility Requirements
- Small- and medium-sized Ontario-based enterprises (firms with fewer than 500 employees globally AND global revenues of less than $1 billion) with a Business Number (BN).
- Larger companies are eligible; however, they must partner with at least one Ontario-based small- or medium-sized enterprise.
- Must be in the automotive supply chain to original equipment manufacturers.
- At least 50% of the company’s total sales revenue must come from the automotive supply sector.
- Must be a for-profit business (legal entity) registered to carry out business in Ontario.
- Must have a manufacturing location in Ontario by the time the project starts.
- Must have a minimum of two (2) years of financial statements.
- Must be in substantial compliance with all applicable laws.
- Must be free and clear of any fees, levies, charges or taxes owed to Her Majesty the Queen in right of Ontario or any of her agencies.
- Must be in compliance with the Accessibility for Ontarians with Disabilities Act, 2005.
Eligible Projects
- Technology adoption – e.g. using advanced manufacturing equipment, hardware, software and/or training to improve processes and competitiveness. This might include using logistical systems and investing in production hardware or software that digitize production tracking
- Lean manufacturing – e.g. improving operational efficiency and competitiveness by using lean manufacturing techniques or hiring the services of a mentor/consultant to help with lean implementation.
Eligible Costs
- Salaries and benefits: incremental salary and benefits for employees of the company working on the project activities.
- Capital Costs: hardware and software implementation, installation, and setup costs; cost of direct materials, necessary for specifically identified activities and measured as having been used for, the completion of the project; materials used for configuring, testing production processes, systems, and training employees.
- Training Costs: cost involved in providing personnel with training and/or development in novel techniques required for the project for their role(s); sub-contractor and consultant fees (must be associated with LEAN Mentorship).
- Travel and Living: travel costs are explicitly project related, represent the most economical option (economy fare, and standard hotel room).
Amount
The program provides 50% of eligible costs up to a maximum of $150 K.
Deadline
The application intake closes on May 2, 2024.