Regional Development Program — Advanced Manufacturing and Innovation Competitiveness Stream
Government of Ontario
Overview
Access financial assistance and complementary support for advanced manufacturing companies across Ontario such as for capital equipment, technology adoption and skills development.
At a glance
| Categories | grant, loan |
|---|---|
| Funding | $1,500,000 |
| Status | Not accepting applications |
| Closing date | 2026-09-23 |
| Region | ON |
| Sectors | technology |
Eligibility and requirements
Money Loans 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 Grants are available only for specific circumstances, up to 15% to a maximum: of $500,000 for small companies located in rural communities 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 You Are located in, or plan to locate in, a community in Ontario 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 Are able to invest at least $500,000 in your project The fund supports business and organizations in advanced manufacturing sectors, including: aerospace automotive chemical information and communications technology (ICT) life sciences steel Your project Supports advanced manufacturing, as well as job creation or upskilling Provides economic benefits Attracts and encourages private sector investment Helps companies to adopt technologies that improve their competitiveness Is achievable (you must have the necessary financing, project management structure and experience to implement your project) Use this to Access advisory services to help you navigate other government programs Get funding for a project aligned with the program's goals
How Mona Studio helps business owners use this program
Regional Development Program — Advanced Manufacturing and Innovation Competitiveness Stream is one of many Canadian funding options listed in our grant finder. Mona Studio helps technology teams translate program requirements into a practical workflow or AI adoption scope for leadership review, grant writers, and lenders. We summarize eligibility and funding here for discovery — confirm all details on the official program website before applying.
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