Grants and Contributions:
Title:
Development of a Custom-Fitted Multi-Compartment Offloading Knee Brace
Agreement Number:
1013804
Agreement Value:
$470,452.00
Agreement Date:
Nov 1, 2023 - Mar 31, 2026
Description:
Spring Loaded Technology Inc. has developed a performance enhancing knee brace to change and improve lives. The firm's knee brace stores energy as you bend your knee and releases that energy as you straighten your knee. The result is the world's first brace that can instantly enhance or restore strength and mobility, enabling users to do more with less discomfort. To expand on its market attractiveness, particularly in the US, the firm must develop engineering solutions that address current barriers which will allow Spring Loaded Technology's braces to continue to be manufactured in Canada at a competitive cost while simultaneously achieving key product features that will open Spring Loaded Technology's multi-compartment and patellofemoral osteoarthritis offloading bracing to international markets.
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:
Dartmouth, Nova Scotia, CA B3B 1T2
Reference Number:
172-2023-2024-Q4-1013804
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
834735847
Recipient Type:
For-profit organization
Additional Information:
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 368 days. The total amended value is 211,762 dollars.
Amendment Date
Mar 25, 2025
Recipient's Legal Name:
Spring Loaded Technology Incorporated
Federal Riding Name:
Dartmouth--Cole Harbour
Federal Riding Number:
12004
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:
334512
Amendments: