Grants and Contributions:
Title:
815400
Agreement Number:
815400
Agreement Value:
$3,095,400.00
Agreement Date:
Jun 26, 2019 - Sep 30, 2022
Description:
Develop innovative composite material manufacturing system to produce commercial aircraft components for the global market.
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:
Burlington, Ontario, CA L7L 6V1
Reference Number:
062-2021-2022-Q2-00161
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
764088712
Recipient Type:
For-profit organization
Additional Information:
Project end date changed from 2019/20 to 2022/23
Amendment Date
Aug 26, 2021
Recipient's Operating Name:
Formula Solutions Inc.
Recipient's Legal Name:
Formula Solutions Inc.
Federal Riding Name:
Oakville North--Burlington
Federal Riding Number:
35073
Program:
Business Scale-Up
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:
336410
Amendments: