Grants and Contributions

About this information

In June 2016, as part of the Open Government Action Plan, the Treasury Board of Canada Secretariat (TBS) committed to increasing the transparency and usefulness of grants and contribution data and subsequently launched the Guidelines on the Reporting of Grants and Contributions Awards, effective April 1, 2018.

The rules and principles governing government grants and contributions are outlined in the Treasury Board Policy on Transfer Payments. Transfer payments are transfers of money, goods, services or assets made from an appropriation to individuals, organizations or other levels of government, without the federal government directly receiving goods or services in return, but which may require the recipient to provide a report or other information subsequent to receiving payment. These expenditures are reported in the Public Accounts of Canada. The major types of transfer payments are grants, contributions and \'other transfer payments\'.

Included in this category, but not to be reported under proactive disclosure of awards, are (1) transfers to other levels of government such as Equalization payments as well as Canada Health and Social Transfer payments. (2) Grants and contributions reallocated or otherwise redistributed by the recipient to third parties; and (3) information that would normally be withheld under the Access to Information Act and the Privacy Act.

Found one record

$100,000.00

Sep 1, 2018

For-profit organization

Agreement:

Engineering to Production of Commercial Ready Device for Dry Eye Treatment

Agreement Number:

911395

Duration: from Sep 1, 2018 to Apr 30, 2019
Description:

Bonsai Beta is a startup medical device company located in Edmonton, AB. We have developed a consumer medical device to help maintain the health of our eyes due to the growing use of digital devices and the increased prevalence of dry eye. Our device stemmed from a routine visit to an optometrist when a member of the founding team was diagnosed with Meibomian Gland Dysfunction (MGD), the leading cause of dry eye that affects over 30 million people in North America.

Organization: National Research Council Canada
Program Name: Industrial Research Assistance Program – Contributions to Firms
Location: Edmonton, Alberta, CA T6N 1G1