Grants and Contributions:

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Title:

Ideal Woodwork Ltd Innovation and Automation

Agreement Number:

2425-CN-000066

Agreement Value:

$99,999.00

Agreement Date:

Sep 4, 2024 - Mar 31, 2025

Description:

Ideal Woodwork Ltd. iwill procure, install and train staff on a new numerical controlled machinery unit at their Yellowknife, Northwest Territories Facilities.

Organization:

Canadian Northern Economic Development Agency

Expected Results:

As a result of this project, Ideal Woodwork Ltd. will increase efficiency and productivity allowing for more services to be provided to residents of the Northwest Territories, in the Northwest Territories. Ideal Woodwork Ltd. also anticipates being able to support 3 additional FTEs as a result of this scaling-up project.

Location:

YELLOWKNIFE, Northwest Territories, CA X1A 2J5

Reference Number:

0780-2024-2025-Qrt3-0000022

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

821608189

Recipient Type:

For-profit organization

Recipient's Operating Name:

IDEAL WOODWORK LTD

Recipient's Legal Name:

IDEAL WOODWORK 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.