Grants and Contributions:
Title:
Development of Seaweed based Skincare Products.
Agreement Number:
1018332
Agreement Value:
$74,500.00
Agreement Date:
May 1, 2024 - Mar 17, 2025
Description:
To optimize the seaweed extraction and manufacturing process as well as expand product development and product market reach. This will be done by standardizing the extraction process in preparation for scaling; finalizing two to four new formulas that will be prepared for distribution, and building wholesale partnerships with independent and banner community retailers.
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:
Grates Cove, Newfoundland & Labrador, CA A0A 2L0
Reference Number:
172-2024-2025-Q1-1018332
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
738128479
Recipient Type:
For-profit organization
Recipient's Operating Name:
7 Fathoms
Recipient's Legal Name:
7 Fathoms Skin Care, Ltd.
Federal Riding Name:
Bonavista--Burin--Trinity
Federal Riding Number:
10002
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:
4461