Grants and Contributions:
Title:
NORCAT Regional Innovation Centre – Startup Capacity Building Program
Agreement Number:
912155
Agreement Value:
$85,000.00
Agreement Date:
Aug 1, 2018 - Apr 30, 2019
Description:
• The proposed project will focus on providing high potential startup clients with access to subject matter experts, industry leaders, tailored workshops, and other opportunities for knowledge transfer, with the goal being to build the internal capacity and business acumen of the startups so that they can take advantage of new opportunities, and commercialize their products. In addition to this, an Entrepreneurs-in-Residence (EIR) will also be made available to high potential clients, with a specific focus on raising capital to scale. Startups and SMEs will be able to access the EIRs over the course of project.
• To this end the NORCAT Innovation Mill commits to hosting and/or facilitate eight to ten (8 to 10) workshops, P2P roundtables, speaking events and/or conferences. All aimed at providing support, insight, and knowledge sharing to our entrepreneurial and SME clients to help them grow and scale their venture. As well, the EIRs will work with eight (8) or more ventures, providing advice and guidance as they look to raise capital to scale their venture.
• Rationale – the NORCAT Innovation Mill’s client portfolio has matured, and now requires more tactical, nuanced, and expert level workshops and supports. This project will directly support these top clients, helping them access the knowledge, and develop the skills they need to scale their ventures, ultimately resulting in the commercialization of their IP, creating jobs, and generating wealth for our region and Canada more broadly.
Organization:
National Research Council Canada
Expected Results:
The purpose of IRAP Contributions to Organizations is to support Organizations in building and integrating the innovation capacity in Canada for the benefit of Firms in Canada, primarily SMEs and to support Organizations in providing innovation assistance services to SMEs in Canada.
Location:
Sudbury, Ontario, CA P3A 4R7
Reference Number:
172-2018-2019-Q2-912155
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
897575866
Recipient Type:
Not-for-profit organization or charity
Additional Information:
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 31 days. The total amendment value is 85,000 dollars.
Amendment Date
Feb 28, 2019
Recipient's Legal Name:
Northern Centre for Advanced Technology Inc.
Federal Riding Name:
Sudbury
Federal Riding Number:
35103
Program:
Industrial Research Assistance Program – Contributions to Organizations
Program Purpose:
The purpose of IRAP Contributions to Organizations is to support Organizations in building and integrating the innovation capacity in Canada for the benefit of Firms in Canada, primarily SMEs and to support Organizations in providing innovation assistance services to SMEs in Canada.
Coverage:
IRAP Contributions to Organizations projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
541710
Amendments: