Grants and Contributions:

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Title:

Technology Development Partnerships

Agreement Number:

1013842

Agreement Value:

$25,336.00

Agreement Date:

Dec 1, 2023 - Mar 29, 2024

Description:

Working in collaboration with technical, scientific, and engineering experts in the field of sustainable composites, Tern Boatworks is developing a suite of eco-friendly composite products and has generated a sizable amount of important Intellectual Property in this area of materials expertise. Strategically, our management team has decided to explore international partnerships to leverage our position. This proposed project will focus on exploring assessment of technology needs for the adoption of Tern Boatworks innovative composite recycling technology by a number of potential international customers. While also exploring technical adaptations to industry sectors beyond boatbuilding, including windfarm blades, and military and coast guard applications.

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:

West La Have, Nova Scotia, CA B0R 1G0

Reference Number:

172-2023-2024-Q4-1013842

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

804770386

Recipient Type:

For-profit organization

Recipient's Legal Name:

Tern Boatworks Ltd.

Federal Riding Name:

South Shore--St. Margarets

Federal Riding Number:

12009

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:

336612