Ontario Automotive Modernization Program in Canada

Written by startup news

December 20, 2021

The Ontario Automotive Modernization Program (O-AMP) is an Ontario government funding program that supports Ontario automotive parts manufacturers as they invest in new hardware/software technologies and lean methodology to improve their operational efficiency and competitiveness.

Sponsoring Agency: Ontario Government

Type of Fund: Grant

Deadline: 01/04/2022 (January 4, 2022)

Eligibility

Eligible Applicants:

  • Small- to medium-sized manufacturers within Ontario in the automotive supply chain to OEMs. Distributors are ineligible;
  • Less than 500 full-time payroll employees;
  • Less than $1 billion in annual revenue (Large companies are eligible but must partner with another SME automotive supplier);
  • At least 50% of sales must be derived from the automotive sector; and
    A minimum of two years of financial statements; and
  • Past recipients of O-AMP funding must complete their project prior to a new application.

Eligible Activities:

Projects eligible for funding must fall within one of the following two categories. Equipment is ineligible. Applicants must have proper financing, project management structure, and experience to implement the project:

  • Technology Adoption: The implementation of new software and related hardware (eg. ERP systems, virtual machining software) to improve operational efficiency, productivity, and production sophistication; and
  • Lean Manufacturing: Adoption of Industry 4.0 or lean manufacturing processes by either implementing lean principles or hiring a third-party certified consultant to help with lean implementation.

For more information, visit Mentor Works.

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