Yves Landry – AIME Global Initiative: $50,000
Is your business looking to foster training that will lead to advancements in innovation within the manufacturing sector in Ontario? All projects for consideration must lead to new global export opportunities or create new global markets. Yves Landry Foundation has a program you should be looking at.
Eligible Companies: This funding is open to all Southern Ontario manufacturing companies in all segments that meet the following criteria:
• Between 15 – 1500 Employees
• Continuously in business in Southern Ontario for at least 3 years
• Must be able to demonstrate a solid financial footing
• Manufacturing facility or facilities located in Southern Ontario
• Manufacture a specific product for sale in Ontario or elsewhere
• Priority will be given to companies who have not previously been recipients of FedDev supported AIME funding.
• Preference will be given to those companies located in distressed areas of southern Ontario;
• Preference will be given to companies engaged in international markets (ie. Companies that export, are going to export or are selling in a value chain/supply chain leading to export growth).
Eligible Projects:
Objective 1 – Training that will support the adaptation of new technology, new processes or procedures or a change within the company to support innovation. This objective must clearly be linked to innovations leading to global competitiveness including expanding into new domestic or international markets.
Objective 2 – Training that will support and develop Highly Skilled Personnel in any area that leads to innovation. This can include the development of new engineering skills, training in the use of new software, hardware or other tools necessary to support innovation; retraining to embrace new technologies, new manufacturing methods, or any other business area that will make a Southern Ontario manufacturing company more competitive in the global marketplace. Ultimately it should lead to a situation where the applicant develops or enhances a culture that supports constant training and development to support ongoing innovation in all areas of the business cultivating opportunities for growth into new global markets.
Being able to clearly link your project to global competitiveness will be essential.
Project Size: The Yves Landry Foundation is making available up to $50,000 per company in the form of a grant to foster training that will lead to advancements in innovation within the manufacturing sector in Southern Ontario. Example, a company spends $100,000 on a training project and will receive 50% of the project costs from the Yves Landry Foundation in the form of a grant/non-repayable contribution of $50,000.
Qualifying Expenses:
• Direct Training Costs (trainer fees, trainee wages/salary & time in training)
• Travel/accommodations/meals
• Facilities (room rental)
• Content and curriculum costs
• Materials/consumables for the purposes of the training