Grants and Contributions:

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Title:

Synova laser diamond-cutting machine

Agreement Number:

2324-CN-000056

Agreement Value:

$99,999.00

Agreement Date:

Jul 26, 2023 - Mar 31, 2024

Description:

Purchase of a CT scanner equiped Synova laser diamond-cutting machine.

Organization:

Canadian Northern Economic Development Agency

Expected Results:

As a result of this project, 4 full-time jobs will be created which will increase the production capacity and create opportunities to promote northern Indigenous jewellery on the global market.

Location:

YELLOWKNIFE, Northwest Territories, CA X1A 3S8

Reference Number:

0780-2023-2024-Qrt2-0000014

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

773990742

Recipient Type:

For-profit organization

Recipient's Operating Name:

DIAMONDS DE CANADA LTD

Recipient's Legal Name:

DIAMONDS DE CANADA LTD

Federal Riding Name:

Northwest Territories

Federal Riding Number:

61001

Program:

IDEANorth

Program Purpose:

Inclusive Diversification and Economic Advancement in the North (IDEANorth) makes foundational investments in economic infrastructure, sector development and capacity building to help position Northerners in the territories to take advantage of Canada's innovation economy. The IDEANorth program focuses on four priority areas: economic growth and sector development; business scale-up, productivity and innovation; small-scale economic infrastructure development; and foundational economic infrastructure.