Grants and Contributions:

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Title:

817382

Agreement Number:

817382

Agreement Value:

$49,000,000.00

Agreement Date:

Mar 15, 2023 - Mar 1, 2047

Description:

This project involves virtualizing Ross Video’s existing hardware-based product portfolio into cloud solutions for event production to offer customers a hybrid-option with flexibility in cost and capabilities. The project’s work phase is scheduled to end on October 31, 2027.

Organization:

Innovation, Science and Economic Development Canada

Expected Results:

This project will allow Ross Video to develop the largest combination of hybrid live production equipment in the world, consisting of virtualized, software-based products and highly efficient hardware-based products.

Location:

Iroquois, Ontario, CA K2E7W6

Reference Number:

033-2022-2023-Q4-817382

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

893470575

Recipient Type:

For-profit organization

Additional Information:

Please note this update includes a change to improve standardization of reporting across projects. The end date was updated from the end of the work phase (31/10/2027) to the current end date of (01/03/2047). This is not an extension. The end date now reflects the entirety of the agreement duration, including the benefit phase and residual audit period. The original start date was updated to reflect the correct execution date.

Amendment Date

Jun 30, 2026

Recipient's Operating Name:

Ross Video Limited

Recipient's Legal Name:

Ross Video Limited

Federal Riding Name:

Nepean

Federal Riding Number:

35064

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