Grants and Contributions:
Title:
WarmTone Automated Record Press Cycle Time Reduction
Agreement Number:
922909
Agreement Value:
$75,000.00
Agreement Date:
Dec 1, 2018 - May 31, 2019
Description:
Since inception in 2015, Toronto based Viryl Technologies has established its position as the global innovation leader in the resurgent Vinyl Record manufacturing industry. Viryl’s award winning, fully automated WarmTone Record Press and cloud based ADAPT software analytics platform have revolutionized the industry. This project will strengthen Viryl’s value proposition and competitive edge by improving the cycle time, and output rate of the WarmTone by 20% through software and hardware improvements.
Organization:
National Research Council Canada
Expected Results:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Location:
Etobicoke, Ontario, CA M8Z 2R5
Reference Number:
172-2018-2019-Q4-922909
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
810329565
Recipient Type:
For-profit organization
Recipient's Legal Name:
Viryl Technologies Corp
Federal Riding Name:
Etobicoke--Lakeshore
Federal Riding Number:
35028
Program:
Industrial Research Assistance Program – Contributions to Firms
Program Purpose:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Coverage:
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
512250