Grants and Contributions:
Title:
1018994
Agreement Number:
1018994
Agreement Value:
$2,000,000.00
Agreement Date:
Dec 21, 2024 - Oct 31, 2027
Description:
To construct and commission a production-scale Fusion Fuel Cycle 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:
CHALK RIVER, Ontario, CA K0J 1J0
Reference Number:
062-2026-2027-Q1-00046
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
739740157
Recipient Type:
For-profit organization
Recipient's Operating Name:
Fusion Fuel Cycles Inc.
Recipient's Legal Name:
Fusion Fuel Cycles Inc.
Federal Riding Name:
Algonquin—Renfrew—Pembroke
Federal Riding Number:
35002
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:
221113