Grants and Contributions:
Title:
Establishing a world-class fuel cell R&D center for transportation applications in Canada
Agreement Number:
814534
Agreement Value:
$15,000,000.00
Agreement Date:
Jan 1, 2022 - Dec 31, 2028
Description:
This project will support the establishment of a world class research and development centre for hydrogen fuel cell technology for internal use and to offer engineering and testing services to customers globally, as well as develop hydrogen fuel cell technology for the use in heavy-duty transportation vehicles.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
The investment will enable the company to develop hydrogen fuel technology innovations and offer engineering and testing services that will reduce green house gas emissions in the transportation sector.
Location:
Burnaby, British Columbia, CA V5A4N6
Reference Number:
033-2023-2024-Q1-814534
Agreement Type:
Other transfer payment
Report Type:
Grants and Contributions
Recipient Business Number:
755219912
Recipient Type:
For-profit organization
Additional Information:
This is a partially repayable contribution
Recipient's Operating Name:
AVL Fuel Cell Canada Inc.
Recipient's Legal Name:
AVL Fuel Cell Canada Inc.
Federal Riding Name:
Burnaby North--Seymour
Federal Riding Number:
59002
Program:
SIF Stream 1- R&D
Program Purpose:
-Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
NAICS Code:
339900