Tag Grants for #business

Intake Is Open Now: Advanced Manufacturing and Innovation Competitiveness Stream is back

The Advanced Manufacturing and Innovation Competitiveness Stream or AMIC is back and will start accepting applications as of August 10, 2022. This fund is aimed to provide financial support to Ontario-based advanced manufacturing companies with a focus on small and medium-sized enterprises. It will support investments in capital equipment, technology adoption and skills development.

Eligibility Criteria:

  • 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 $500K in their project.
  • Be located in, or plan to locate in, a community in Ontario.

Eligible Activities:

  • 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.


Up to 15% of project cost, interest-free during the project period (loan for up to four years). Grants are available only for specific circumstances for:

  • small companies located in rural communities
  • strategic projects that are foreign direct investments or from companies competing against other jurisdictions
  • companies with significant reshoring projects.


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

Need help with this or other government funding programs but don’t know where to start or how to prepare an application?


What is the impact of the provincial budget delay?

Usually, this time of the year, the Federal and provincial governments work on the budgets. And usually, those budgets are released in late March. But this time, something went wrong. The Ontario government decided to postpone the budget release date by a month. What does it mean for business funding?

1) All existing provincially-funded programs will not renew until May, 2022, except Southwestern Ontario Development Fund and Eastern Ontario Development Fund that have pre-defined intake periods.

2) All possible new funding programs, including pandemic support, will not start until May, 2022.

However, these delays should not discourage you from actively searching for funding for your business because there are Federal government funding programs, and some provincial grants are still available.

Need help with this or other government funding programs but don’t know where to start or how to prepare an application?

Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.