New Funding Program: Automotive Supplier Competitiveness Improvement Program

October 13, 2016 18:42PM

The Automotive Supplier Competitiveness Improvement Program (ASCIP) seeks to increase the sourcing capabilities of Ontario-based small and medium-sized automotive suppliers, while encouraging innovation and productivity initiatives that increase success in the growing export markets.

Small and medium sized automotive suppliers, or large companies partnering with small or medium sized automotive suppliers, can apply for to up to $100,000 in project funding. Funding must be matched 1:1 by industry cash and contribute to the adoption of industry leading IT. Projects can be up to two years in duration.

The partnership between the Automotive Parts Manufacturer’s Association (APMA), the Ontario Centres of Excellence (OCE) and the Province of Ontario’s Ministry of Economic Development and Growth (MEDG) supports the auto parts sector in adopting industry leading software, hardware and/or provide training to improve processes and increase the competitiveness of the industry in Ontario. 

CLICK HERE for more details.