Grants and Contributions:

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Title:

Engineer support for pilot phase

Agreement Number:

998099

Agreement Value:

$56,000.00

Agreement Date:

Nov 1, 2022 - Feb 28, 2023

Description:

Summit View is developing an advanced algae cultivation platform with the objective to commercialize and produce algae biomass at $20/kg protein to affordably feed a hungry world. The pathway to achieve this objective includes doubling the known density and yield of the algae culture, minimize energy and nutrient costs while moving to achieve economies of scale to a commercial production levels. Having achieved doubled of density and yield at bench scale there is need to demonstrate further algae cost reductions at commercial scale levels. This proposal requests financial support to retain a technical person as we move to a larger production scale to demonstrate production cost reductions in our objective to achieve $20/kg protein.

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:

Calgary, Alberta, CA T2M 2P3

Reference Number:

172-2022-2023-Q3-998099

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

891393225

Recipient Type:

For-profit organization

Recipient's Operating Name:

SVDC

Recipient's Legal Name:

Summit View Development Corp.

Federal Riding Name:

Calgary Confederation

Federal Riding Number:

48005

Program:

Industrial Research Assistance Program – Contributions to Firms

Program Purpose:

Coverage:

IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

111419