Bracebridge Businesses Have Access to Funding for Training

The Yves Landry Foundation has been providing assistance to Ontario businesses for a number of years through the AIME Program (Achieving Innovation and Manufacturing Excellence).  This program provides grants to foster training that will lead to advancements in innovation within the manufacturing sector.


Over the past few years, the program has not been available to Bracebridge businesses as the funds available were limited to Southern Ontario businesses because they were supported through FedDev Ontario that was created by the Federal Government in 2009/10 to assist Southern Ontario.


Recently (January 23, 2012) the Honourable Tony Clement, Minister for FedNor announced $2 million in funding to the Yves Landry Foundation making this program available to businesses in the Bracebridge area.  Here is link to the Media Release.


Specific funding will be provided for two major objectives:



Objective 1 – Training that will support the adaptation of new technology, new processes or procedures or a change within the company to support innovation. This objective must clearly be linked to innovations leading to global competitiveness including expanding into new domestic or international markets.


Objective 2 – Training that will support and develop Highly Skilled Personnel in any area that leads to innovation. This can include the development of new engineering skills, training in the use of new software, hardware or other tools necessary to support innovation; retraining to embrace new technologies, new manufacturing methods, or any other business area that will make a Northern Ontario manufacturing company more competitive in the global marketplace. Ultimately it should lead to a situation where the applicant develops or enhances a culture that supports constant training and development to support ongoing innovation in all areas of the business cultivating opportunities for growth through innovation and education.


This involves an application process.  





For more information on the program, check on the Northern AIME section of the Yves Landry Website