Funding available for advanced manufacturers in Ontario

January 28, 2022

The Government of Ontario recently launched the 2-year, $40 million Advanced Manufacturing and Innovation Competitiveness (AMIC) program. Advanced automotive manufacturing companies, with a focus on small and medium sized businesses, can access financial support for investments in capital equipment, technology adoption, and skills development.

There are two application intake periods throughout 2022. The first closes on February 10, 2022; the second will take place later in the year.

The fund supports projects that:

  • 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.

Loans and grants are available worth up to 15% of project funding, to a maximum of $5 million, interest free for the duration of the project period (up to 4 years).

Eligibility is limited to companies that:

  • employ 10 or more people;
  • can provide three years of business operations and financial statements;
  • will create or upskill at least five jobs;
  • plan to invest at least $500,000 into their project;
  • are based in Ontario.

Learn more about the program and how to apply here.


Park N Fly Benefits

How the program works

  • Members select their departure city from the drop-down menu
    1. Choose Valet or Self-Park where applicable
    2. Enter their outbound and return dates
    3. Click find your rate
    4. The rates will automatically load
    5. Print a copy of the coupon
  • When exiting the lot
    1. Scan the printed Park’N Fly coupon at the Self-Park pay station
  • If members are using a Valet location
    • Hand a copy of the printed voucher to the agent at check-out or give them the discount code 1120313 once the code is entered by the agent the rate will automatically append to the AIA Canada rate program.
  • Discount Code 1120313
  • At check out members simply scan their pre-printed coupon the Valet or Self-Park pay station
  • When exiting the lot
    • Select form of payment
      1. Credit card
      2. Debit card
    • If they have any difficulties simply
      1. Manually enter 1120313 at the pay station and the rate will be applied
    • Scan the Park’N Fly ticket