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Funding for Manufacturers - BC Manufacturing Job Fund Expanded to Include Langley

Funding for Manufacturers - BC Manufacturing Job Fund Expanded to Include Langley

Funding for Manufacturers - BC Manufacturing Job Fund Expanded to Include Langley

The BC Manufacturing Jobs Fund (MJF) will help manufacturing companies modernize, innovate, and grow by providing funding for capital projects.  This fund was initially targeted to particular regions, but has since been expanded to all parts of BC, including Langley.  

The program welcomes applications from all manufacturing sectors but there remains a focus on helping the forestry sector, and those communities facing economic downturns.   The funding will support capital projects manufacturers want to undertake, such as buying and installing new equipment or machinery, or labour costs for project-specific workers.

Read below for a summary of this new funding opportunity, and then click here to visit the official page.   Applications open on February 28, 2023 and will remain open for 2 years or until the $180 million in funding has been exhausted. 

Business Eligibility

  • Businesses registered to operate in BC
  • Operate in the manufacturing sector (using industrial or mass production processes)
  • Be in a viable financial position, with established operations and employee base
Project Eligibility 
  • Capital projects that contribute to long-term economic growth and business sustainability/diversification 
  • Will leverage market demand and create, maintain or diversify job opportunities 
  • Have a high degree of readiness 
  • Eligible costs include​
    • Capital expenditures including equipment, machinery, technology, and construction materials
    • Wage or contract costs for net new and project-specific labour
    • Material transportation costs
    • Installation and implementation costs
Funding Streams
  • Project Readiness 
    • Funding to complete final-stage business and project planning, including operational and technical assessments.
    • Maximum funding of $50,000, up to 50% of the project costs 
    • Can fund developing a business case to expand operations or diversify product lines
    • Can fund conducting operational or technical assessments to introduce new technology 
  • Capital Investment 
    • Funding to invest in new or renovated manufacturing infrastructure, technology, equipment, and processes
    • Minimum funding of $100,000 and maximum funding of $10,000,000
    • Funding can represent 20% of the total project costs 
    • Projects should be initiated within one year
    • Examples include building or expanding a manufacturing facility, upgrading machinery to support new product lines, improving or adopting new processes  

For specific details, visit the funding page or email ManufacturingJobsFund@gov.bc.ca