Hello everyone,
As you will have seen announced back on October 4, 2023, WMCO has been successful in securing funding for WMCO to help wood manufacturing members in Ontario make digital integration investments. The available funding is the result of a Government of Canada investment, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario).
This is a 2.5-year project that will fund 50 companies to support their digital integration projects. The first round is now closed.
We are currently receiving completed project plans from members for expenditures starting April 1, 2024- Feb 28, 2025.Funding availability for this round is limited to 18 projects based on eligible expenses up to 100K @ 45% funding ($45K funded maximum). Ineligible expenses need to be included to capture full project investment by industry.
NOTE: PLANS ARE ACCEPTED ON A FIRST COME-FIRST SERVED BASIS.
DEADLINE FOR SUBMISSION FOR THIS UPCOMING ROUND IS March 18, 2024.To access the document with the project plan template and the list of qualifying factors, click here.Click here to join WMCO: Join Now – Wood Manufacturing Cluster of Ontario
Forward your completed plans and expression of interest to mbaker@wmco.ca and mpetrie@wmco.ca.
The final round next year will run from April 1, 2025- Feb 28, 2026: 22 projects – two (2) at half the budget amount.Best Regards,Mike Baker,Chief Executive OfficerWood Manufacturing Cluster of Ontario
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