Grants and Contributions:

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Title:

ICAP 2024 – International Co-Innovation Action Plan

Agreement Number:

1020821

Agreement Value:

$50,000.00

Agreement Date:

Aug 1, 2024 - Jan 31, 2025

Description:

GN’s rapid planter is strongly aligned with global sustainability, emissions reduction, and renewable mandates. In a recent Deloitte assessment, reforestation was identified as a primary source for emissions management and estimated over $1 Trillion in spending is necessary to help achieve 2050 outcomes. Solutions like GN's reforestation technology are well positioned to participate in this massive growth industry. This project is focused on the commercialization of GN's mechanical tree planting unit (Rapid Planter), which aims to create long-term, well-paying jobs that help empower positive environmental outcomes. Commercialization will be in collaboration with the University of Calgary, Red Deer Polytechnic, and stakeholders in Australia

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:

Airdrie, Alberta, CA T4A 0E1

Reference Number:

172-2024-2025-Q2-1020821

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

102128766

Recipient Type:

For-profit organization

Recipient's Operating Name:

GN Corp Inc

Recipient's Legal Name:

GN CORPORATIONS INC.

Federal Riding Name:

Banff--Airdrie

Federal Riding Number:

48001

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:

3339