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Looking to upgrade your company software?

Looking to upgrade your company software?

ASCIP is back!

The Automotive Supplier Competitive Improvement Program (ASCIP) is designed to support Ontario’s auto parts sector by providing funding for adopting industry leading software, hardware and/or providing training and mentorship to improve processes and increase competitiveness.

Who’s eligible?

Small and medium-sized Ontario-based enterprises (firms with fewer than 500 employees globally and global revenues of less than $1 billion). At least 50 per cent of the company’s total sales revenue must be derived from the automotive sector.

Eligible projects

  • Stream 1 – Technology Adoption: eligible projects must focus on advancing product life cycle management and improving competitiveness through the adoption of advanced IT technologies: hardware, software and/or training.
  • Stream 2 – Mentorship Program: eligible projects must focus on operational efficiency and competitiveness improvements through lean manufacturing practices. Adoption of advanced IT technologies may be included as part of the project overall scope.

How much is the grant worth?

ASCIP funding can cover up to 50 per cent of eligible project costs up $100,000.

*Projects can be as long as 2 years.

When are applications due?

The program closes on November 28, 2018.

Contact Collins Barrow Windsor if you are interested in applying. The program only has $4.5 million in funding, so applications will be very competitive.

Please click here to contact now.

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