Ontario Automotive Modernization Program
All information is sourced from the Government of Ontario website. To find out more visit their website.
The Ontario Automotive Modernization Program (O-AMP) is a partnership with small- and medium-sized automotive parts suppliers in Ontario.
The goal is to help modernize Ontario’s automotive supply chain and make it more competitive.
Your business could get up to $100,000 to help cover up to 50% of eligible project costs.
As a successful applicant, you are required to contribute at least 50% of remaining project costs through:
your own business resources
private or bank financing
To be eligible for O-AMP, you must be a small- or medium-sized Ontario-based business in the automotive supply chain. Specifically, you must meet these requirements:
be a for-profit business (with a business number)
less than 500 employees in Ontario
less than $1 billion in global revenues
have at least two years of financial statements
at least 50% of the company’s total sales revenue comes from the auto supply sector
How to apply
Before you apply, you may wish to contact the Automotive Parts Manufacturers’ Association at email@example.com for help to develop and strengthen your application.
Again, to learn more, be sure to visit their program website here!