Federal incentives help small- and medium-sized businesses

Categories: How To
Published on: August 1, 2019

Sustainable Kingston / Tess Wittmann / 31 July 2019

Small and medium business owners in Ontario have a tight timeline of opportunity to receive federal funding to improve the sustainability of operations and their bottom lines.

The Government of Canada’s newly launched Climate Action Incentive Fund: Small- and Medium-sized Enterprises Project stream, covers new sustainability projects undertaken by businesses with fewer than 500 employees. Eligible projects range from retrofitting a fleet of trucks to use biodiesel, to purchasing energy-efficient industrial equipment upgrades, to adding solar and insulation to an office building. There is $72.4 million is earmarked for Ontario.

Applications for funding are open until October 15, 2019, or until funding is exhausted.

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