Grants and Contributions:
Title:
1017117
Agreement Number:
1017117
Agreement Value:
$750,000.00
Agreement Date:
Nov 8, 2023 - Jan 31, 2025
Description:
To enhance the manufacturing capabilities and produce intricate automotive components for the general and electric vehicle 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:
CONCORD, Ontario, CA L4K 1Z1
Reference Number:
062-2024-2025-Q1-00056
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
122538747
Recipient Type:
For-profit organization
Recipient's Operating Name:
Clover Tool Manufacturing Ltd.
Recipient's Legal Name:
Clover Tool Manufacturing Ltd.
Federal Riding Name:
Thornhill
Federal Riding Number:
35104
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:
33611