Grants and Contributions:
Title:
1019079
Agreement Number:
1019079
Agreement Value:
$2,000,000.00
Agreement Date:
Dec 20, 2024 - Mar 31, 2029
Description:
To enhance manufacturing capabilities and diversify its product offering to enter new markets.
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:
INGERSOLL, Ontario, CA N5C 3J7
Reference Number:
062-2025-2026-Q2-00017
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
889457701
Recipient Type:
For-profit organization
Recipient's Operating Name:
Hydra Dyne Technology Inc.
Recipient's Legal Name:
Hydra Dyne Technology Inc.
Federal Riding Name:
Oxford
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:
333990