Next week both the provincial and Federal government will announce the budgets for the next fiscal year starting April 1, 2023. There are several new programs we expect and we will keep you posted. But the good news about some of those new programs just came out.
Ontario introduces an Ontario Made Manufacturing Investment Tax Credit, a 10% grant on the cost of eligible manufacturing equipment.
We will know more about eligibility and how the program will work in the next few weeks, so please, stay tuned. In the meantime, consider applying for the following grants:
CanExport – provides 50% of your export marketing costs.
CME Technology Investment Program – provides 50% of the new equipment, robotic, automation and IioT costs.
Digital Competence Centre – provides 50% of the software and hardware costs.
Need help with this or other government funding programs but don’t know where to start or how to prepare an application?
