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Vaughan workshop to connect Southern Ontario manufacturers with up to $75,000 for new export growth projects

Published by Derek Lothian on September 04, 2012

Exporting and export-ready manufacturers in Southern Ontario can learn how to access up to $75,000 in financial support for product and process improvements at a community forum scheduled to be held in Vaughan later this week.
 
Hosted by Canadian Manufacturers & Exporters (CME), the free September 6 workshop is designed to connect companies with the information and resources necessary to take advantage of $18.9 million in new funding available through CME’s SMART Prosperity Now program. All eligible projects must be directly tied to bolstering success in global markets.
 
"Small and medium-sized manufacturers are facing a time of unprecedented challenge," explains Ian Howcroft, vice president, CME Ontario. "This initiative will help those businesses commercialize new technologies and invest in new equipment to ensure they remain competitive on the world stage." 
 
Manufacturers conducting export market growth assessments are eligible to receive up to 50 per cent of project costs to a maximum $5,000, while companies implementing productivity improvement projects may qualify to receive up to 33 per cent of costs, to a maximum $75,000.
 
Companies looking to attend must pre-register online at bit.ly/SMARTVaughan.
 
"Job creation and economic growth in Ontario relies on a healthy, prosperous manufacturing sector," says Howcroft. "The SMART Prosperity Now program can provide companies the tools they need to take their operations to the next level. The nature of business is now global, but success must start with the right conditions here at home."

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