BC Manufacturing Jobs Fund - Stream 2 - Capital Investment

“British Columbia. Employment, Business & Economic Development”

SVG
SVG

$10,000,000.00

Maximum Eligible Amount

Government Grant

Fund Type

The BC Manufacturing Jobs Fund (MJF) will help manufacturing companies modernize, innovate, and grow by providing grants for capital projects in regional and Indigenous communities in B.C. The program welcomes applications from all manufacturing sectors. There will be a particular focus on helping the forestry sector retrofit and develop new, sustainable value-added business lines that reduce dependency on old growth logging and make innovative use of biomaterials.

This program reflects the Province's ongoing commitment to promote economic diversification and complements other supports for forestry workers and rural communities. MJF will invest up to $180 million in manufacturing projects across BC. Effective Feb. 15, 2023, the program budget increased to $180 million; and has been expanded to include manufacturing projects in all areas of B.C. The program will begin accepting proposals on February 28, 2023 and will remain open to proposals for up to two years, or until all funds are allocated. 

MJF has two funding streams: Project Readiness and Capital Investment. The streams support different stages of planning and launching capital projects. 

Stream 2 - Capital Investment: Larger grants to invest in new or renovated manufacturing infrastructure, technology, equipment, and processes, including renovating idle industrial buildings such as an unused mill site. 

 

Program Goals:

  • Invest in high-value, high-growth manufacturing sectors
  • Contribute to clean, inclusive growth and economic resilience in regional and Indigenous communities
  • Support innovation and sustainability in the forestry value-added sector
  • Create and maintain family-supporting jobs
  • Help companies leverage other funding sources and bring investment into B.C.
  • Boost productivity and competitiveness in domestic and international markets

The following criteria will be used to prioritize projects for funding:

  • Projects within the forestry sector
  • Projects located in forestry-dependent communities
  • Projects that have a high degree of readiness, need and direct impact
  • Projects that are Indigenous-led or benefit Indigenous peoples



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