VICTORIA — A new project in B.C. aims to reinforce the manufacturing sector.
Government officials announced the B.C. Supply Chain Resiliency and Value-Added Manufacturing Grant project will support small- and medium-sized manufacturers with $14.5 million in funding.
The project has three areas of focus:
- Building Strong Supply Chain Grants: $4 million to support eligible industry and trade associations and groups in collaboration with grants of up to $400,000 to support industry in strengthening supply chain resilience.
- Accelerating Manufacturing Scale-Up Grants: $10 million to support eligible small- and medium-sized manufacturing businesses with funding up to $250,000 to prototype, pilot or demonstrate new technologies, commercialize new technologies and/or products, improve market access, and identify and implement operational improvements.
- B.C. Supply and Value Chain Analysis: $250,000 to analyze opportunities to strengthen strategic B.C. supply chains as part of a provincial recovery that aims to increase supply chain competitiveness and resilience and identify related advanced-manufacturing opportunities.
“The COVID-19 pandemic exposed vulnerabilities and demonstrated the importance of B.C.’s manufacturing sector, including its economic impacts, the critical goods it delivers and the jobs it provides in all regions of the province,” stated a media release from the province. “It also put a sharp focus on B.C.’s reliance on imports of manufactured goods, packaging supplies and finished products.”