Grants and Contributions:
Title:
513794
Agreement Number:
513794
Agreement Value:
$5,000,000.00
Agreement Date:
Jul 9, 2021 - Dec 31, 2023
Description:
The investment supports Project Arrow, the automotive industry’s first Canadian-made, zero emission concept vehicle.Project Arrow will bring together industry & academic partners to design and build a connected and autonomous zero emissions vehicle (ZEV) concept car, plus a digital twin of the physical vehicle. In doing so, it will also help to create a robust electric vehicle supply chain in Canada, increasing Canada’s domestic electric vehicle development capacity in everything from electric powertrains and CAV systems to battery production.
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:
Toronto, Ontario, CA M9B 6H7
Reference Number:
062-2021-2022-Q2-00159
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
122758741
Recipient Type:
Not-for-profit organization or charity
Additional Information:
2021/22 to 2023/24, Contribution Management Information System (CMIS) update requested to Description field on Oct. 15.
Recipient's Operating Name:
Automotive Parts Manufacturers' Association
Recipient's Legal Name:
Automotive Parts Manufacturers' Association
Federal Riding Name:
Etobicoke Centre
Federal Riding Number:
35027
Program:
Regional Innovation Ecosystem
Program Purpose:
To create, grow and develop strong and inclusive regional ecosystems that support business growth and innovation, as well as the entrepreneurial environment necessary to foster more innovative regional economies and increase the competitiveness of small- and medium-sized enterprises.
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:
336320