$25M SMART Green Program aims to reduce GHGs, enhance competitiveness
Repayable grants cover up to 50% of eligible project costs for Ontario manufacturers.
MISSISSAUGA, Ont. — Canadian Manufacturers & Exporters (CME) has launched its new SMART Green Program to provide Ontario manufacturers with repayable grants for investments in technology and process improvements that reduce greenhouse gas emissions.
The program, launched in partnership with the government of Ontario, is open to small- and medium-sized manufacturers and will cover 50 % of eligible costs up to $200,000.
“The $25 million SMART Green Program provides an opportunity to continue to invest in measures that will improve the environment, mitigate costs associated with carbon and improve competitiveness. It is a great example of a partnership with government that we can build on,” said said Ian Howcroft, vice-president of CME Ontario.
Eligible technology and process improvements include those that aim to reduce GHG emissions intensity through upgrades to process and production equipment, deliver energy efficiency, and lead to productivity improvements.