In partnership with Government of Ontario, this fall the Canadian Manufacturers & Exporters launched the SMART Green fund. This $25 million fund will assist small- and medium-sized manufacturers in reducing greenhouse gas (GHG) and improving their energy efficiency. As stated on the official web page for the fund:
The program will improve the competitiveness of the Ontario manufacturing supply chain by not only delivering value to the SME-eligible manufacturers, but also by contributing to Ontario’s 2020 targets for GHG emissions reduction.
According to the website, the program seeks 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. These in turn will lead to lower GHG emissions on per-production-unit basis, notably where improvements will include new process and/or production equipment installation and associated costs.
- open to small- and medium-sized manufacturers in Ontario that have a minimum of 10 full time employees and annual greenhouse gas emissions under 25,000 tonnes per year.
- Open to financially stable incorporated businesses with 3 years or more operating history
- NOT open to manufacturers with past or present connections to Ontario’s Cap & Trade Program
- Open to applicants who can demonstrate financial need for the funding,
- Open to recipients of previous SMART Programs as well as new applicants
- Aimed at future work, with all assessment and project activities, including final reporting requirements, must be completed by December 31, 2018.
- Open to applications as of October 31, 2016, with applications will be considered on a first-in, first-reviewed basis.
There is no cost to apply of a CME SMART Green grant nor is there a fee for technical consultants to be listed as a SMART Approved Qualified Technical Service Provider.
“Since 2008, CME has administered approximately $80 million in direct funding to more than 1,400 manufacturing projects across Ontario through various SMART Programs.”
More information can be found on the CME’s SMART Green Fund webpage
Sarah Wayland, Principal Investigator