REGI — Targeted Manufacturing Initiative for Northern Ontario — Productivity Improvements

💡What Is This Program?

🎁What Benefits Are Offered?

Repayable contributions for Northern Ontario manufacturers to upgrade and improve capital equipment (including information and communications technology) to enhance productivity and competitiveness. Funding generally covers up to 33% of eligible capital costs and up to 50% of eligible non-capital costs.

📋What Are the Application Steps & Timeline?

📝Steps to ApplySource

• Contact a FedNor officer to discuss your project
• Create an account on the FedNor Portal
• Submit your application through the FedNor Portal

🌐Application PortalSource

https://fednor.canada.ca/en/client-portal

📤Submission MethodSource

online

🔄Intake TypeSource

rolling

📄What Documents Are Required?

✅Required DocumentsSource

• A work plan detailing the productivity improvement or the equipment upgrade
• Evidence of capacity to implement the project, including financial statements for the past three years
• Details on how the proposed project will benefit business operations, supported by reasonable forecast results

📐Format Requirements

PDF only, max 10MB

💰What Expenses Are Eligible?

🧾Eligible ExpensesSource

• plant equipment purchases
• digital hardware and software
• installation and commissioning of new equipment
• training on the use of new equipment
• implementation of recommendations from an Operational Assessment
• modernizing the production facility through upgrades to existing production equipment

🚫Ineligible ExpensesSource

• land
• building
• vehicles
• marketing
• studies
• overhead
• depreciation
• salaries
• costs incurred prior to eligibility date

📏Expense CapsSource

FedNor will contribute up to 33% of eligible capital costs and up to 50% of eligible non-capital costs.

💳Payment ModelSource

reimbursement

⏪Retroactive Expenses EligibleSource

No

🤝Is Matching Funding Required?

🔀Matching RequiredSource

Yes

📊Matching RatioSource

67% minimum

🏦Eligible Matching SourcesSource

• cash
• in-kind

📚Stacking Rules

Not specified

🛡️Proof of Matching RequiredSource

Evidence of capacity to implement the project, including financial statements for the past three years.

📊What Are the Reporting Requirements?

🗓️Reporting FrequencySource

annual

📑Reporting RequirementsSource

• work plan detailing productivity improvement
• financial statements for the past three years
• interim financial statements if applicable
• evidence of capacity to implement the project
• details on how the project will benefit business operations

🔍Audit RequirementsSource

Costs for which the applicant has entered into a legal commitment/incurred prior to the eligibility date are ineligible.

📢Branding RequirementsSource

acknowledgment of funding and recognition of the Government of Canada

🗄️Record Retention PeriodSource

7 years