AIME – Yves Landry Foundation, Training for Innovation

It is a objective where manufacturing companies can apply for $50k contribution with no payback and the money needs to be spent internally by March 31,2010. It includes 75% of direct and indirect labor costs as part of the training initiatives to support innovation. This mechanism focuses on people and productivity improvements where you must select a project that serves either of the two objectives. They are:

• Objective 1 – training that will support the adaptation of new technology, new processes or procedures or any change within the company to support innovation.
• Objective 2 – training that will support and develop highly skilled personnel in any area that leads to innovation. This can include the development of new engineering skills, training in the use of new equipment or other tools/software to support innovation, retraining to embrace new technologies, new mfg methods or any other business area that will make Ontario Mfg Company more competitive in the global market.

Your first step is to review the eligibility document and submit a one-two pager about your project by email defined by this link. http://www.yveslandryfoundation.com/article/125/aime_initiative___feddev.html. You just need to select Program Eligibility Document.

At Mentor Works, we serve business owners by educating, completing and selecting government funding mechanism that provide financing options for growth. If you would like additional support to complete the application process and learn of others, please do not hesitate to contact Bernadeen McLeod at 519-497-8584.