Grants and Contributions:
Title:
1003633
Agreement Number:
1003633
Agreement Value:
$601,975.00
Agreement Date:
Jan 1, 2023 - Dec 31, 2027
Description:
To facilitate the technology validation and commercialization of the company's quantum sensing software which uses their patented quantum algorithms and AI to enhance the performance of quantum sensors.
Organization:
Federal Economic Development Agency for Southern Ontario
Expected Results:
Further accelerate the development of the sector and drive product development in southern Ontario’s world-class quantum ecosystem.
Location:
KITCHENER, Ontario, CA N2G 1H6
Reference Number:
062-2023-2024-Q2-00043
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
780359063
Recipient Type:
For-profit organization
Recipient's Operating Name:
Foqus Technologies Inc.
Recipient's Legal Name:
Foqus Technologies Inc.
Federal Riding Name:
Kitchener Centre
Federal Riding Number:
35045
Program:
Regional Quantum Initiative (RQI)
Program Purpose:
As part of the Government of Canada’s commitment to a National Quantum Strategy, help small- and medium-sized businesses, including start-ups, located in southern Ontario, advance and commercialize their quantum products and technologies for domestic and global markets.
Coverage:
Further accelerate the development of the sector and drive product development in southern Ontario’s world-class quantum ecosystem.
NAICS Code:
541