Grants and Contributions:

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Title:

Cetana Neurotherapy Ltd. - Cetana Neurotherapy Centre

Agreement Number:

2021-CN-000663

Agreement Value:

$99,999.00

Agreement Date:

Nov 1, 2020 - Mar 31, 2022

Description:

A two-year project to establish the Cetana Neurotherapy Centre (CNC), a new-age spa in Yellowknife, Northwest Territories (NWT). Cetana. a start-up founded by two Yellowknife entrepreneurs, will offer a new model of health and wellness services using technology currently unavailable in the NWT. In order to maximize its exposure and ensure increased accessibility, Cetana has chosen a prime location in downtown Yellowknife. Local contractors will be hired to renovate the selected site in order to create an attractive and relaxing environment, allowing users to enjoy the benefits of physical and neurological relaxation. The CNC will be equipped with two sensory isolation capsules, more commonly known as float tanks, a system that reduces the sensation of gravity in a lightfree and silent environment. In addition, Cetana's guests will have access to a Low Energy Neurofeedback System (LENS), a system controlled by a specialized psychologist, which is designed to relax specific areas of the brain, or to stimulate them on request.

Organization:

Canadian Northern Economic Development Agency

Expected Results:

As a result, CanNor's investment will allow Cetana to diversify Yellowknife's economy, while
creating 2.5 full-time equivalent (FTE) jobs.

Location:

YELLOWKNIFE, Northwest Territories, CA X1A 3W8

Reference Number:

0780-2020-2021-Qrt4-0000015

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Type:

For-profit organization

Recipient's Legal Name:

CETANA NEUROTHERAPY LTD.

Federal Riding Name:

Northwest Territories

Federal Riding Number:

61001

Program:

Regional Growth Through Innovation

Program Purpose:

To provide streamlined, nationally consistent and yet regionally tailored support for business productivity and scale-up, particularly for small and medium sized enterprises and women entrepreneurs and other underrepresented groups, and assist the enhancement of regional industrial and technology clusters and regional innovation ecosystems.