The $5-million Yves Landry Foundation investment is aimed at manufacturers improving productivity.
LONDON, Ont.—The Federal Economic Development Agency for southern Ontario (FedDev Ontario) has announced a $5-million investment that will allow manufacturing workers in Ontario access to advanced training.
The money will expand the Achieving Innovation and Manufacturing Excellence (AIME) Global program to meet the needs of exporting and ‘export-ready’ manufacturers in southern Ontario.
The training, offered by the Yves Landry Foundation, will upgrade the skills of small and medium-sized manufacturing company’s employees and help to uncover innovative productivity improvements and to diversify products.
The program will focus on:
- using new or more advanced software
- implementing a new process or
- investigating new materials or processes and how apply them.
The AIME Global program contributes up to half of eligible project costs to a maximum of $50,000 per business.
Find eligibility requirements and further details at Yves Landry Foundation’s AIME Global Program website.
Funding is available for projects that:
- enhance productivity by accelerating the adoption of new technologies, processes and skills
- diversify the regional economy by increasing the number of new industries or opportunities with the potential to have long-term impacts
- build a competitive advantage in the region by creating or expanding economic clusters
Applications for funding are being accepted and assessed on the FedDev Ontario website.