The CME SMART Green Program supports projects that help reduce manufacturing related greenhouse gas (GHG) emissions or improve energy efficiency.
On July 4th, 2017, Canadian Manufacturers and Exporters (CME) announced that there will be substantial enhancements to the SMART Green Program. The revised program will enable more projects to be eligible, and has increased funding to 50% of eligible costs for a maximum of $500,000 per facility.
Enhancements to the Program:
Effective immediately, SMART Green Program assessments will now be covered at 100% up to the following amounts:
- $2,500 for a walk-through: One time payment will be issued following the submission of Walk-through report and proof of payment.
- 100% up to $15,000 for a detailed technical assessment: 50% of eligible costs at time of completion will be issued. The balance of payment (if the initial payment (50%) did not exceed $15,000) will be released at the approval of a project application that resulted from the detailed assessment.
- 100% up to $30,000 for a detailed technical assessment requiring gas metering: Technical assessments that require gas metering will follow the same process as detailed technical assessments, only the assessment value is capped at $30,000.
Multiple facilities (or affiliated companies) are eligible to a maximum of five, however combined funding for projects cannot exceed $1.5 million.
If you have projects that help reduce manufacturing related greenhouse gas (GHG) emissions or improve energy efficiency, you may be eligible for this program. To learn more contact your Fairtax Funding Specialist today!
*”SMART GREEN.” SMART GREEN · Company Portal. N.p., n.d. Web. 06 July 2017.