CME’s Technology Investment Program (TIP)
Receive up to $50,000 in Grant Funding.
The CME’s Technology Investment Program (TIP) aims to help SME manufacturers in southern Ontario automate production, reduce their environmental footprint and increase their global competitiveness.
CME’s Technology Investment Program (TIP)
Amount of Funding
Successful applicants may receive up to 50% of eligible costs to a maximum of $50,000 in a contribution matching grant
CME’s Technology Investment Program (TIP)
Eligible Applicants
Applicants may be eligible if they meet these criteria:
- Manufacturer in Southern Ontario;
- Incorporated business for 2 years or more continuously and can demonstrate financial stability; and
- Have more than 15 and fewer than 500 FTEs.
CME’s Technology Investment Program (TIP)
Eligible Activities
Investment and implementation of long-term production assets and technology that increase capacity and reduce emissions on productions
Technologies may include:
- Robotics
- AI
- Machine Learning Applications
- Advanced Networks
- Internet of Things
Note: ERP systems and general training are not eligible and you must not be receiving other government funding contributions for project activities
CME’s Technology Investment Program (TIP)
Program Deadline
- Applications are being treated on a first come, first serve basis until funds are exhausted; and
- Project beginning April 1st, 2022 (retroactive) may be eligible.