Grants and Contributions:

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Title:

Laboratory Validation of Molecules for Commercialization.

Agreement Number:

1017566

Agreement Value:

$38,850.00

Agreement Date:

May 1, 2024 - Nov 29, 2024

Description:

Molecules derived from bark can be used in a number of sectors. Three specific applications have been targeted for which the potential sales volume would be very high. The project will validate that the molecules produced can be used effectively in these three applications. Experiments with generic recipes will be carried out to confirm this potential, which will then enable us to approach potential customers. It will then be possible to confirm the functionality of the molecules with the results obtained in the targeted application. There are currently no products incorporating these molecules as active ingredients, but the scientific literature suggests that there are.

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:

Saint-Quentin, New Brunswick, CA E8A 2K9

Reference Number:

172-2024-2025-Q1-1017566

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

136932266

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 60 days.

Amendment Date

Aug 20, 2024

Recipient's Legal Name:

GROUPE SAVOIE INC

Federal Riding Name:

Madawaska--Restigouche

Federal Riding Number:

13005

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:

321920

Amendments:

See Amendments