Grants and Contributions:

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Title:

813014

Agreement Number:

813014

Agreement Value:

$20,000,000.00

Agreement Date:

Aug 1, 2019 - Dec 31, 2025

Description:

Development and commercialization of accessible smart robotics for industry 4.0 solutions and accelerate robotics adoption in a range of industries.

Organization:

Innovation, Science and Economic Development Canada

Expected Results:

The company will develop and commercialize accessible smart robotics for industry 4.0 solutions and accelerate robotics adoption in a range of industries.The new factory would anchor robot production in Canada for the next five years and strengthening Canada's supply chain.

Location:

Boisbriand, Quebec, CA J7H1M7

Reference Number:

033-2020-2021-Q3-813014

Agreement Type:

Other transfer payment

Report Type:

Grants and Contributions

Recipient Business Number:

851287326

Recipient Type:

For-profit organization

Additional Information:

The Amendment has been completed to extend the project agreement end date from 2040-04-30 to 2042-04-30. This a partially repayable contribution.

Amendment Date

Feb 20, 2023

Recipient's Operating Name:

Kinova Inc.

Recipient's Legal Name:

Kinova Inc.

Federal Riding Name:

Rivière-des-Mille-Îles

Federal Riding Number:

24062

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

Amendments:

See Amendments