Grants and Contributions:
Title:
1019330
Agreement Number:
1019330
Agreement Value:
$10,000,000.00
Agreement Date:
Nov 12, 2025 - Mar 31, 2029
Description:
To support the design and turnkey supply of fusion fuel infrastructure.
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 M8Z 5G5
Reference Number:
062-2025-2026-Q4-00149
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
864020920
Recipient Type:
For-profit organization
Recipient's Operating Name:
Kinectrics Inc.
Recipient's Legal Name:
Kinectrics Inc.
Federal Riding Name:
Etobicoke Centre
Federal Riding Number:
35029
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:
541710