Canadian Manufacturers & Exporters (CME) is adding to the legacy of the CME SMART funding program. In the Fall 2016, CME in partnership with Government of Ontario launched a new $25 million SMART Green fund that will assist small- and medium-sized manufacturers reduce greenhouse gas (GHG) and improve their energy efficiency.
Program Overview
The SMART Green Program is open to small- and medium-sized manufacturers throughout Ontario and provides assistance in the form of non-repayable grants of 50% of eligible costs up to $500,000.
The purpose of this Program is to support investments in technology and process improvements by manufacturers which result in GHG emissions intensity reductions and/or avoidance through upgrades to process/production equipment, deliver energy efficiency, and lead to productivity improvements, which in turn lead to lower GHG emissions on per-production-unit basis; more specifically, where improvements will include new process and/or production equipment installation and associated costs to an existing facility
Timing
Application intake opened on October 31, 2016 through SMART’s online Grant Management submission portal. The portal will remain open until all funding has been committed.
Approval of an application will be dependent on the information that has been provided with the application. It is expected that a decision for a technical assessment should be complete within 7 – 10 business days. A decision for capital project should be completed within 30 business days. All applications must be for future work.