Grants and Contributions:
Title:
227583
Agreement Number:
227583
Agreement Value:
$500,000.00
Agreement Date:
Oct 5, 2025 - Aug 31, 2026
Description:
Enhance operational capabilities and capacity of marine research vessel
Organization:
Atlantic Canada Opportunities Agency
Expected Results:
- Increase annual revenue to $5.5 million by December 31, 2025
- Create two (2) full-time equivalent employment positions
- Reduce fuel use by 15% during a normal operational year, which is the same anticipated level of sea time and the normal types of operational activity
Location:
Holyrood, Newfoundland & Labrador, CA A0A 2R0
Reference Number:
276-2025-2026-Q3-00013
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
774555270
Recipient Type:
For-profit organization
Additional Information:
The assistance type is Repayable Contribution.
Recipient's Operating Name:
Real-Time Ocean Data Services Ltd.
Recipient's Legal Name:
Real-Time Ocean Data Services Ltd.
Program:
REGI - Business Scale-Up and Productivity (BSP)