Grants and Contributions:

Title:

Strengthening Canada's Future in Innovation Excellence and Securing Nokia's Global Mandates in Cybersecurity, AI, 5G and Machine Learning

Agreement Number:

819742

Agreement Value:

$40,000,000.00

Agreement Date:

Apr 11, 2024 - Jan 1, 2034

Description:

Strengthening Canada's Future in Innovation Excellence AND Securing Nokia's Global Mandates in Cybersecurity, AI, 5G and Machine Learning.

Organization:

Innovation, Science and Economic Development Canada

Location:

Kanata, Ontario, CA K2K2E6

Reference Number:

033-2024-2025-Q1-819742

Agreement Type:

Other transfer payment

Report Type:

Grants and Contributions

Recipient Business Number:

103861068

Recipient Type:

For-profit organization

Additional Information:

Agreement Type is PRC, 2022/23 to 2028/29,

Recipient's Operating Name:

Nokia Canada Inc.

Recipient's Legal Name:

Nokia Canada Inc.

Federal Riding Name:

Kanata--Carleton

Federal Riding Number:

35041

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