The Ontario government is partnering with auto parts companies to invest in technology and training to strengthen the auto industry and protect jobs. Today, Vic Fedeli, Minister of Economic Development, Job Creation and Trade, launched the new $10 million Ontario Automotive Modernization Program (O-AMP) at the annual meeting of the Canadian Association of Moldmakers.
The U.S. Small Business Administration announced that $18 million has been awarded to 41 state international trade agencies that successfully competed for funding to support export growth among small businesses through SBA’s competitive State Trade Expansion Program (STEP).
Funding for the week of Sept 9th under Canadian federal and provincial grants and business incentive programs reached $749M, down approximately $1.0B during the previous week. Top Sector…The Community and Nonprofit sector ranked first, attracting $579M, 77% of national disbursements. Top Region…Quebec is the top region this week, securing $436M and accounting for 58%[…]