Grants and Contributions:

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Title:

514902

Agreement Number:

514902

Agreement Value:

$15,290,000.00

Agreement Date:

Nov 4, 2022 - Mar 31, 2027

Description:

ElevateIP will help Business Accelerators and Incubators (BAIs) provide the tools Canadian startups need to understand, strategically manage and leverage their IP.

Organization:

Innovation, Science and Economic Development Canada

Expected Results:

-IP capacity amongst BAIs and startups is increased as a result of IP educational activities;
-Client startups supported by Recipient organizations will have access to high quality IP services from qualified and experienced personnel;
-Services offered by Recipient organizations will be accessible and inclusive;
-Client startups supported by Recipient organizations will make use of IP through the development of IP strategies, and by seeking and obtaining formal IP protections;
-Client startups supported by Recipient organizations develop the tools and expertise necessary for sustainable expansion and growth.

Location:

Vancouver, British Columbia, CA V7X1J1

Reference Number:

033-2022-2023-Q4-514902

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

888721412

Recipient Type:

Not-for-profit organization or charity

Additional Information:

value changed from $12,500,000.00 to $15,290,000.00 as per contract amendment, 2022/23 to 2026/27

Amendment Date

Apr 16, 2026

Recipient's Operating Name:

New Ventures BC Society

Recipient's Legal Name:

New Ventures BC Society

Federal Riding Name:

Vancouver Centre

Federal Riding Number:

59034

Program:

ElevateIP

Program Purpose:

ElevateIP will help Business Accelerators and Incubators (BAIs) provide the tools Canadian startups need to understand, strategically manage and leverage their IP. This includes:
-Facilitating IP supports by BAIs to startups in Canada;
-Increasing IP capacity in the BAI ecosystem in Canada through IP education for BAIs and their client startups; and
-Enabling BAIs to provide targeted supports that are customized to the unique requirements of each startup to help them secure and maintain IP rights.

NAICS Code:

810000

Amendments:

See Amendments