Southern Ontario Government Funding Programs to help businesses invest in 3D Printing

Article by Rod Mackay updated December 16, 2014

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Digital Manufacturing

For small and medium-sized enterprises (SMEs) in Southern Ontario, Canada, there are two federal government funding programs available right now that will support the adoption of advanced technologies, which includes Additive Manufacturing/3D Printing. If you are thinking about expanding your business or investing in new digital manufacturing techniques for creating end-use parts, or 3D printing your jigs, fixtures, gauges, patterns, molds, or dies; then now could be the right time to buy a 3D Printer. Here is an overview of the two programs:

CME SMART Program

The Canadian Manufacturers & Exporters (CME) SMART Advanced Technologies for Global Growth is a GRANT program designed to help SMEs invest in new capital equipment:

  • Program Fund: The program could fund 35% of eligible expenses up to $100,000 for the investment in new 3D Printing equipment and software that supports manufacturing processes.
  • Program Eligibility: Your business must be a manufacturer based in Southern Ontario, Canada, incorporated for 2 years, minimum of 15 employees up to a maximum of 1000 employees. Your business must also be engaged in international markets, or are selling in a value chain leading to export.
  • Program Timeline: The program started in December 2014, and there is $20M allocated. Your planned 3D Printing expansion project should be less than 12 months in length.

Southern Ontario Fund for Investment in Innovation (SOFII)

The SOFII program has been around for a couple of years now but unlike CME SMART it is a LOAN Program designed to help SMEs with new product or service development; new applications or markets; or for the implementation of new processes and technologies:

  • Program Fund: Loans are available from $150,000 to $500,000; at an interest rate ranging from 8% to 12%.
  • Program Eligibility: Your business must employ 30 to 500 employees and operate in Southern Ontario.
  • Program Timeline: No end date is specified at present, and the program received an additional $20M in funding this year.

If you are interested in determining which Stratasys 3D Printer is right for your business then please Contact Us

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Rod Mackay

Rod has been using 3D CAD software for over 25 years and has trained thousands of designers to use their CAD systems more effectively. Rod is the Javelin Webmaster and is based in Ottawa, ON., Canada.