Grants and Contributions:
Title:
1002522
Agreement Number:
1002522
Agreement Value:
$2,100,000.00
Agreement Date:
Aug 1, 2022 - Jun 30, 2024
Description:
To support the development of Nonlinear Electro Mechanical Brakes (NEMB) to be integrated in electric vehicles to demonstrate the safety performance benefit of the brakes and cost reduction.
Organization:
Federal Economic Development Agency for Southern Ontario
Expected Results:
To achieve one or more of the following departmental results, i) Businesses in southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in southern Ontario are innovative and growing; and iii) Communities are economically diversified in southern Ontario.
Location:
PORT PERRY, Ontario, CA L9L 1B2
Reference Number:
062-2022-2023-Q4-00342
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
827886813
Recipient Type:
For-profit organization
Recipient's Operating Name:
Remmen Brakes
Recipient's Legal Name:
Tellar Inc.
Federal Riding Name:
Durham
Federal Riding Number:
35023
Program:
Business Scale-up and Productivity (BSUP)
Program Purpose:
To accelerate the growth of firms and assist with the adoption and adaptation of new, innovative technologies that support scale-up, productivity, development of and entry into new markets to help companies become globally competitive.
Coverage:
To achieve one or more of the following departmental results, i) Businesses in southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in southern Ontario are innovative and growing; and iii) Communities are economically diversified in southern Ontario.
NAICS Code:
336340