Grants and Contributions:
Title:
1016980
Agreement Number:
1016980
Agreement Value:
$693,000.00
Agreement Date:
Nov 20, 2023 - Feb 28, 2025
Description:
To develop a new cargo drone model with increased range and carrying capacity.
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:
BRESLAU, Ontario, CA N0B 1M0
Reference Number:
062-2024-2025-Q1-00030
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
828106351
Recipient Type:
For-profit organization
Recipient's Operating Name:
Avidrone Aerospace Incorporated
Recipient's Legal Name:
Avidrone Aerospace Incorporated
Federal Riding Name:
Kitchener-Conestoga
Federal Riding Number:
35046
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:
336410