Agreement Value:
$29,624.15
Agreement Date:
Mar 7, 2022 - Mar 7, 2023
Description:
In the 21st century, consumers are increasingly demanding products that reflect their more sustainable values and lifestyles. There is a big demand for clean sustainable polymers on the global market. Adipic acid is the main building block of Nylon 6,6 ($28 billion market) high-performance polymer that is made from oil. Global adipic acid production results in toxic greenhouse gases N2O and CO2 release (~60 million tons/year). Therefore, it is important to develop green emission-free technology to replace oil-based Nylon 6,6. Within the OzoneBio, we use wood-derived feedstocks to produce bio-adipic acid through an emission-zero biocatalytic process.
Organization:
National Research Council Canada
Expected Results:
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Location:
Calgary, Alberta, CA T2L 1Y8
Reference Number:
172-2021-2022-Q4-987561
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
779993864
Recipient Type:
For-profit organization
Additional Information:
This agreement has been amended 1 time(s). The total amended value is -10,373.85 dollars.
Amendment Date
Apr 11, 2023
Recipient's Legal Name:
OzoneBio Corp.
Federal Riding Name:
Calgary Confederation
Federal Riding Number:
48005
Program:
Industrial Research Assistance Program – Youth Employment Program
Program Purpose:
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Coverage:
IRAP Youth Employment Program projects stimulate wealth creation for Canada through technological innovation.