Automotive Supplier Innovation Program (ASIP)

Attention: This program is currently closed. You can speak with a member of our team about future intake periods or similar funding programs you may be eligible for, get email updates through our weekly newsletter, or look through our list of available funding programs in our directory page.

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Receive up to $10M in Grant Funding.

Industry Canada developed the Automotive Supplier Innovation Program (ASIP) as part of the Economic Action Plan 2015 to support Canadian automotive product and process development in order to promote competitiveness. The 2015-2020 program received a total of $100M to provide grant funding to automotive suppliers dedicated to creating new technologies in the automotive sector.

Funding Amount

Access up to 50% of costs to a maximum $10M per application.

Eligible Applicants

Canadian automotive supplier with <500 employees or <$1B in global revenues are eligible to apply.

Eligible Activities

Automotive product/process prototyping, product engineering, pre-commercial testing and validation.

Deadline to Apply

Permanently closed; consolidated into the Strategic Innovation Fund (SIF).

Apply for Government Grants with Mentor Works for Time Savings

Demande de Financement

Nous permettons à nos clients de gagner en moyenne 95 % de temps par rapport aux entreprises qui font leur propre demande de financement.