Funding Recipients

 

The CME-SMART Program started in 2008 with funding from the Ontario provincial government. In 2009, FedDev Ontario provided a $15.75 million contribution (Phase I) from the SODP pre-SOA  program, which provided funding for 349 SMEs to facilitate lean implementation, energy conservation and management, quality improvements and IT process improvements. Then, under SOA PI, CME received $4.2 million contribution in 2010 (Phase II) for the same purpose, and in 2012, received an additional $18.9 million (Phase III) to deliver a new productivity enhancement program called SMART Prosperity Now. This funding allowed southern Ontario manufacturers that are exporting, planning to export, or selling into an export supply chain, to support productivity assessments and undertake a variety of projects to improve productivity, such as integrating new and innovative technologies to products and/or processes that include alternative energy and clean technology. The estimated impacts of the projects supported by FedDev Ontario funding  includes 5,000 jobs created and almost another 11,000 jobs maintained through the support of more than 730 projects in Southern Ontario.