Grants and Contributions:

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Title:

MDAP 2025 – Market Diversification Action Plan

Agreement Number:

1034202

Agreement Value:

$50,000.00

Agreement Date:

Sep 1, 2025 - Feb 23, 2026

Description:

This Market Diversification Action Plan project will prepare Maratek to enter into future international co-innovation work. Maratek Environmental Inc. is an award-winning solvent recovery/recycling technology company. We have a solution that is a no Cap-Ex program that puts in technology which significantly reduces your hazardous waste disposal volumes, solvent costs, and thus your Net Greenhouse Gas (GHG) emissions. We are looking to identify early adopter customers who are interested in OpEx cost reduction, value sustainable solvent management practices, and earn CO2 certificates, which can generate credits that can be sold on the voluntary carbon market that are interested in piloting our rental Solvent Saver Continuous (SSC) systems

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:

Bolton, Ontario, CA L7E 1K1

Reference Number:

172-2025-2026-Q2-1034202

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

131886368

Recipient Type:

For-profit organization

Recipient's Operating Name:

Maratek

Recipient's Legal Name:

Maratek Environmental Inc.

Federal Riding Name:

Dufferin--Caledon

Federal Riding Number:

35022

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:

541620