Grants and Contributions:
Title:
Youth - Geothermal Hires
Agreement Number:
1030394
Agreement Value:
$60,000.00
Agreement Date:
May 2, 2025 - Dec 31, 2025
Description:
TerraFerno is a downhole completions & production tool company focused on developing technologies to de-risk geothermal development and unlock the other 98% of the world's geothermal potential. This project allows TerraFerno two hire two youth mechanical engineers to assist with this mission and work towards the qualification for TerraFerno's first trial as well as completing early design work and calculations for future technologies.
Organization:
National Research Council Canada
Expected Results:
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Location:
Calgary, Alberta, CA T2E 1P4
Reference Number:
172-2025-2026-Q1-1030394
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
791065006
Recipient Type:
For-profit organization
Recipient's Legal Name:
Terraferno Geothermal Solutions Inc.
Federal Riding Name:
Calgary Confederation
Federal Riding Number:
48005
Program:
Industrial Research Assistance Program – Youth Employment Program
Program Purpose:
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Coverage:
IRAP Youth Employment Program projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
541330