Grants and Contributions:
Title:
Infrastructure & Platform Development to Support 5G, internet of things (IoT), and Cloud
Agreement Number:
811928
Agreement Value:
$30,638,000.00
Agreement Date:
Jan 1, 2019 - Dec 31, 2042
Description:
This project will create disruptive innovations for networks, technology, and software innovations that create market differentiation and competitive advantages for Nokia and their customers as the world evolves to 5G, the internet of things, and cloud.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
This project will contribute to anchoring this company as a global mobile network research center, attract new global research and development mandates, and drive innovation and growth in the Ottawa telecommunications cluster.
Location:
Kanata, Ontario, CA K2K2E6
Reference Number:
033-2019-2020-Q2-811928
Agreement Type:
Other transfer payment
Report Type:
Grants and Contributions
Recipient Business Number:
103861068
Recipient Type:
For-profit organization
Additional Information:
The amendment has been completed to reduce the contribution amount from $40M to $30.6M.
Amendment Date
Mar 10, 2024
Recipient's Operating Name:
Nokia Canada Inc.
Recipient's Legal Name:
Nokia Canada Inc.
Federal Riding Name:
Carleton
Federal Riding Number:
35088
Program:
SIF Stream3- Attraction
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:
417310
Amendments: