Grants and Contributions:
Title:
1017950
Agreement Number:
1017950
Agreement Value:
$3,000,000.00
Agreement Date:
Jun 24, 2024 - Mar 31, 2027
Description:
To advance and commercialize the next-generation Seltrac Communications-Based Train Control (CBTC) system.
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:
NORTH YORK, Ontario, CA M3B 0A4
Reference Number:
062-2025-2026-Q1-00021
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
762005205
Recipient Type:
For-profit organization
Recipient's Operating Name:
Hitachi Rail Ground Transport System Canada Inc.
Recipient's Legal Name:
Hitachi Rail GTS Canada Inc.
Federal Riding Name:
Don Valley East
Federal Riding Number:
35019
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:
488210