New $25M SMART Green Funding Program for Ontario SMEs

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Ontario Manufacturers & Exporters can receive a non-repayable grant of up to $200,000 for projects that will reduce Greenhouse gas emissions through the new Canadian Manufacturers and Exporters (CME) Green Smart program, scheduled to open November 2016.

The $25M CME Green SMART program is part of Ontario’s new $325-million Green Investment Fund.  If your company is implementing capital investment projects that will generate greenhouse emission reductions, leverage energy-efficient technologies, and follow best practices through process and/or product improvements, you may be eligible for a non-repayable grant up to 50% of eligible projects costs (up to $200,000) through the CME Green Smart program.

Eligible Companies:

  • Minimum of 10 full time employees.
  • Fewer than 25,000 tonnes per year of annual greenhouse gas (GHG) emissions.
  • Not participating in Ontario’s Cap & Trade program.
  • Companies with more than one facility may apply for funding for one project per facility for a maximum of 5 facilities up to $500,000.

Requirements:

  • The project must:
    • Support reduction in GHG intensity and/or avoidance through upgrades to process/production equipment, or
    • Involve implementation productivity improvements, which in turn lead to lower GHG emissions on a gross or per-production unit basis.
  • The project must be associated to the manufacturing process and cannot be a “comfort” upgrade (i.e. lighting, heating and cooling) that is not related to production.
  • A technical project assessment form will be required that includes a report of current (pre-project) GHG emissions, followed by a 12 month post-implementation verification that demonstrates GHG reduction.

The CME Green SMART application intake is expected to open on November 1, 2016 through the online system . This program will support approximately 110 projects in Ontario.

NorthBridge Consultants’ Canadian Business Blog is dedicated to bringing businesses news and information to help them identify and access the most appropriate government funding programs.

We offer opinions and insider information that can provide a pulse on government initiatives, the health of the Canadian economy, and firsthand thoughts from Canadian business owners.

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