Grants and Contributions:
Title:
1003634
Agreement Number:
1003634
Agreement Value:
$628,180.00
Agreement Date:
Apr 1, 2023 - Dec 31, 2027
Description:
To leverage quantum-classical hybrid algorithms for optimization of logistics tasks, aiming to show competitive advantage and efficiency compared to the existing classical solutions.
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:
WATERLOO, Ontario, CA N2L 5M1
Reference Number:
062-2023-2024-Q4-00068
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
786761940
Recipient Type:
For-profit organization
Amendment Date
Mar 7, 2024
Recipient's Operating Name:
ForeQast Technologies Limited
Recipient's Legal Name:
ForeQast Technologies Limited
Federal Riding Name:
Waterloo
Federal Riding Number:
35112
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
Amendments: