The Ontario Automotive Modernization Program (O-AMP) is Now Open

Program Overview

The Ontario Automotive Modernization Program 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.

O-AMP provides support to projects that fall under one or both of the following categories:

• Technology Adoption – for example, using advanced manufacturing hardware, software and/or training to improve processes and competitiveness. This might include using logistical systems and investing in production hardware or software that digitize production tracking.
• Lean Manufacturing – for example, improving operational efficiency and competitiveness by using lean manufacturing techniques or hiring the services of a mentor/consultant to help with lean implementation.

Funding

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.

Eligibility Requirements

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)
• Employ less than 500 employees globally
• Generate 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

Larger companies (i.e. those with more than 500 employees) must partner with at least one Ontario-based small or medium-sized business to be eligible.