Grants and Contributions:
Title:
Improve & Scale Manufacturing While Conducting Related Market Research
Agreement Number:
1033336
Agreement Value:
$98,624.00
Agreement Date:
Aug 1, 2025 - Mar 15, 2026
Description:
The objective of this project is to improve and scale manufacturing and conduct related market research on the application of renewable formates in Canada and eventually, globally. A key manufacturing target is producing 4 tonnes of formic acid per month, scaling up to an initial goal of 250 tonnes per year, with an eventual aim of 18,000 tonnes annually. For commercial success, the project targets securing industrial B2B accounts with a high trial-to-purchase conversion rate and selling 10,000 home-use units. The project aims to capture a foothold of the Canadian oxide removal market initially and industrial/municipal de-icing needs.
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:
Edmonton, Alberta, CA T5L 2H4
Reference Number:
172-2025-2026-Q2-1033336
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
812924769
Recipient Type:
For-profit organization
Recipient's Legal Name:
Chembiopower Ltd.
Federal Riding Name:
Edmonton Centre
Federal Riding Number:
48014
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:
325189