Grants and Contributions:
Title:
1016940
Agreement Number:
1016940
Agreement Value:
$1,550,000.00
Agreement Date:
Nov 7, 2023 - Mar 31, 2027
Description:
To modernize the manufacturing of saw bodies, overcome supply-chain delays, and re-shore production domestically.
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:
STRATFORD, Ontario, CA N5A 6S4
Reference Number:
062-2024-2025-Q1-00042
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
103864286
Recipient Type:
For-profit organization
Recipient's Operating Name:
New-Form Tools Ltd.
Recipient's Legal Name:
New-Form Tools Ltd.
Federal Riding Name:
Perth-Wellington
Federal Riding Number:
35083
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:
333519