Grants and Contributions:
Title:
1017944
Agreement Number:
1017944
Agreement Value:
$2,250,000.00
Agreement Date:
Jul 1, 2024 - Jun 30, 2027
Description:
To accelerate the commercialization of its fuel-free and hybrid-based power
generation products.
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:
ETOBICOKE, Ontario, CA M8Z 5T6
Reference Number:
062-2024-2025-Q3-00017
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
793792524
Recipient Type:
For-profit organization
Recipient's Operating Name:
Hybrid Power Solutions Inc.
Recipient's Legal Name:
HYBRID POWER SOLUTIONS INC.
Federal Riding Name:
Etobicoke-Lakeshore
Federal Riding Number:
35028
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:
335910