Northbridge Success Story: Ontario Manufacturer Qualifies for Equipment Funding
Written by:
Samantha Hingley, Client Manager.
NorthBridge engaged an Ontario aluminum manufacturer who was looking to purchase new equipment and increase productivity. The company was looking to increase machining productivity in order to expand their export sales and gain new customers from their new capabilities. The CME Smart Prosperity Now program offered funding for eligible companies up to 33% of their project costs to a maximum of $75,000. The company currently takes advantage of the SR&ED program but were unaware of government funding programs applicable to their business objectives. Our team was able to identify relevant projects and provide information about funding programs like CME Smart.
Our NorthBridge team worked with the company to complete the application form for their equipment purchase and export project. As a result of our technical writing skills and communication with the company, they were approved for the funding amount that they had requested. The funding that was awarded will be directly invested in their project and will allow the company to realize increased present and future success.