Grants and Contributions:
Title:
1017029
Agreement Number:
1017029
Agreement Value:
$5,500,000.00
Agreement Date:
Apr 1, 2024 - Mar 31, 2029
Description:
To launch Capital BioVentures and establish a wet lab accelerator program in the Ottawa region that will allow biotechnology SMEs to develop and scale.
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:
OTTAWA, Ontario, CA K1Y 2C5
Reference Number:
062-2024-2025-Q1-00003
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
779818350
Recipient Type:
Not-for-profit organization or charity
Recipient's Operating Name:
Capital BioVentures
Recipient's Legal Name:
Capital BioVentures
Federal Riding Name:
Ottawa Centre
Federal Riding Number:
35075
Program:
Regional Innovation Ecosystem (RIE)
Program Purpose:
To create, grow and develop strong and inclusive regional ecosystems that support business growth and innovation, as well as the entrepreneurial environment necessary to foster more innovative regional economies and increase the competitiveness of small- and medium-sized enterprises.
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:
541