Grants and Contributions:
Title:
1019205
Agreement Number:
1019205
Agreement Value:
$3,700,000.00
Agreement Date:
Sep 24, 2025 - Dec 31, 2028
Description:
To scale production of a first-in-industry, eco-friendly packaging solution.
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:
CONCORD, Ontario, CA L4K 4W1
Reference Number:
062-2025-2026-Q4-00120
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
704846534
Recipient Type:
For-profit organization
Recipient's Operating Name:
Lucid Corp.
Recipient's Legal Name:
Lucid Corp.
Federal Riding Name:
Thornhill
Federal Riding Number:
35106
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:
326111