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back to index backAMERItalk March,  2017


Ontario Promotes Auto Parts Competitiveness

Last week, at the Canadian International Auto Show, the Government of Ontario, Ontario Centres of Excellence (OCE) and the Automotive Parts Manufacturers’ Association (APMA) announced 20 new technology innovation projects that will advance Ontario’s global competitiveness in the automotive sector.

The projects are to be funded through Stream 1 of OCE’s Automotive Supplier Competitiveness Improvement Program (ASCIP).

ASCIP is a partnership between the APMA, OCE and the Province of Ontario’s Ministry of Economic Development and Growth (MEDG). The program seeks to increase the sourcing capabilities of Ontario-based small- and medium-sized automotive suppliers, while encouraging innovation and productivity initiatives that increase success in growing export markets.

Projects are eligible for up to $100,000 in project funding, which must be matched by the industry and contribute to the adoption of industry-leading IT. Projects can be up to two years in duration.

The automotive industry is rapidly evolving and in Ontario that evolution includes adopting industry-leading technology to remain competitive globally,” said Dr. Tom Corr, OCE’s president and CEO. ASCIP will increase sourcing capabilities and productivity and drive success for Ontario’s auto suppliers to ensure they are able to continue to meet and exceed the high level of innovation and competiveness their clients have come to expect.”

Stream 1 focuses on technology adoption and will provide grants to auto parts supplier firms that conduct projects to advance product life cycle management and improve competitiveness through adoption of advanced hardware, software and/or training. The 20 successful projects will receive more than $1.4 million in ASCIP funding to reimburse up to 50 percent of eligible program costs. This funding has been matched or exceeded by industry partners with cash and in-kind contributions to bring the total value of Stream 1 projects to more than $4 million.

To read entire article in AMN Global, please click here.

Source: AMN Global - GAI






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