Ontario Automotive Modernization Program (O-AMP)

Ontario Automotive Modernization Program (O-AMP) is sponsored by Government of Ontario. Assists small and medium-sized automotive companies in adopting Industry 4. 0 technologies, including AI solutions, to improve operational efficiency and competitiveness.

Ontario Automotive Modernization Program (O-AMP) | Ryan Ontario Automotive Modernization Program (O-AMP) Receive up to $150,000 in Grant Funding. The Ontario Automotive Modernization Program (O-AMP) is an Ontario government funding program that supports Ontario automotive parts manufacturers as they invest in new hardware/software technologies and lean methodology to improve their operational efficiency and competitiveness.

Up to 50% of eligible project costs to a maximum of $150,000 in Ontario government grants (cost-sharing contributions). Ontario for-profit automotive businesses with fewer than 500 employees. At least 50% of revenue must come from the automotive supply sector.

Past recipients of O-AMP funding must complete their project prior to a new application. Technology adoption and implementation of new software (such as ERP systems) that improves efficiencies; and adopting Industry 4. 0 or lean manufacturing processes through third party consulting.

Equipment is ineligible. Annual Funding Applications Supported Apply for This Funding Program Give your application the best chance of approval. Ryan supports the writing of applications for more than 100 Canadian federal and provincial government grants, tax credits, and no-interest loan programs.

Ontario Automotive Modernization Program (O-AMP) Up to 50% funding to a maximum of $150,000 grant per project. Ontario Automotive Modernization Program (O-AMP) Small- to medium-sized manufacturers within Ontario in the automotive supply chain to OEMs.

Distributors are ineligible; Less than 500 full-time payroll employees; Less than $1 billion in annual revenue (Large companies are eligible but must partner with another SME automotive supplier); At least 50% of sales must be derived from the automotive sector; and A minimum of two years of financial statements; and Past recipients of O-AMP funding must complete their project prior to a new application.

Ontario Automotive Modernization Program (O-AMP) Projects eligible for funding must fall within one of the following two categories. Equipment is ineligible. Applicants must have proper financing, project management structure, and experience to implement the project: Technology Adoption: The implementation of new software and related hardware (eg.

ERP systems, virtual machining software) to improve operational efficiency, productivity, and production sophistication; and Lean Manufacturing: Adoption of Industry 4. 0 or lean manufacturing processes by either implementing lean principles or hiring a third party certified consultant to help with lean implementation.

Ontario Automotive Modernization Program (O-AMP) Throughout the application process Successfully applying for the right funding program at the right time, focusing on the right topics is no easy challenge. We provide an average 95% time savings to our clients, compared to businesses that apply for funding in-house. Government Invests $3.

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