Grants and Contributions:

Title:
Innovation Assistance Program
Agreement Number:
951066
Agreement Value:
$50,820.00
Agreement Date:
Apr 1, 2020 - Jun 24, 2020
Description:
On April 17, the Government of Canada announced $250 million in funding fr the Innovation Assistance Program (IAP) to assist Canadian small and medium sized enterprises. IRAP IAP provides a wage subsidy to eligible employers for up to 12 weeks.
Organization:
National Research Council Canada
Expected Results:

The purpose of IAP is to provide support to assist innovative, early-stage companies that are unable to access other COVID-19 business supports.

Location:
Toronto, Ontario, CA M5H 2Y4
Reference Number:
172-2020-2021-Q1-951066
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
810110510
Recipient Type:
For-profit organization
Recipient's Legal Name:
First Cobalt Corp
Federal Riding Name:
Toronto Centre
Federal Riding Number:
35108
Program:
Innovation Assistance Program
Program Purpose:

The purpose of IAP is to provide support to assist innovative, early-stage companies that are unable to access other COVID-19 business supports.

Coverage:
IRAP IAP Contributions provide wage support to early-stage, innovative firms and help position them for future growth and wealth creation for Canada through technological innovation.