Grants and Contributions:
Title:
ICAP 2024 – International Co-Innovation Action Plan
Agreement Number:
1024958
Agreement Value:
$50,000.00
Agreement Date:
Nov 28, 2024 - Apr 24, 2025
Description:
This International Co-Innovation Action Program (ICAP) project will prepare the firm General Magnetic Canada Inc. to expand in Brazil. The firm identified Austral Engenharia (Austral) as its Co-Innovation Partner. Austral has the technical capabilities, market knowledge and established operations in north-eastern Brazil along with existing customer relationships with O&G producers. Austral wants to expand its product offerings to add O&G Clean Tech Equipment and has identified GMCI as its preferred Clean Tech Innovation Technology Partner to deliver a complete operating and environmental solution to Brazil.
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:
Calgary, Alberta, CA T2Z 3R7
Reference Number:
172-2024-2025-Q3-1024958
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
856509302
Recipient Type:
For-profit organization
Recipient's Operating Name:
General Magnetic Canada Inc.
Recipient's Legal Name:
General Magnetic Canada Inc.
Federal Riding Name:
Calgary Shepard
Federal Riding Number:
48011
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:
335312