Automotive Innovation Fund
If you have an incorporated automotive business, you could get funding to build greener, more fuel-efficient vehicles through innovation and R&D.
Proposals will be assessed based on innovation, environmental and economic benefits, your ability to achieve stated objectives, and the project's contribution to:
- Automotive R&D capacity and knowledge-based jobs in Canada
- Long-term economic benefit to Canada, including significant job creation/retention
- The potential to attract further investments to foster Canadian competitiveness
Eligible projects must have a total private sector investment valued at more than $75 million over five years.
Other conditions apply.