Grants and Contributions:

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Title:

An Integrated Eastern Ontario Business Incubator and Accelerator

Agreement Number:

834740

Agreement Value:

$10,045,559.00

Agreement Date:

Jul 1, 2014 - Mar 31, 2019

Description:

The objective of the project is to build an integrated incubation and acceleration program, which will provide high potential SMEs from Eastern Ontario with a graduated pathway to market. The project is a coalition type of project formed by Invest Ottawa, Wesley Clover (through the creation of a new private sector incubator and accelerator called L-SPARK) and Queen’s University (comprised of Innovation Park and PARTEQ Innovations). The project will bring together under one virtual umbrella all the partners and leverage their combined expertise and track record.

Organization:

National Research Council Canada

Expected Results:

The purpose of the Canada Accelerator and Incubator Program is to establish a critical mass of outstanding business incubators and accelerators that can develop innovation, high-growth firms, which themselves represent superior early-stage investment opportunities.

Location:

Ottawa, Ontario, CA K1S 5R5

Reference Number:

172-2018-2019-Q4-834740

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

122847510

Recipient Type:

Not-for-profit organization or charity

Additional Information:

This agreement has been amended 1 time(s). The total amendment value is 345,000 dollars.

Amendment Date

Feb 22, 2019

Recipient's Legal Name:

Invest Ottawa (2013)

Federal Riding Name:

Ottawa Centre

Federal Riding Number:

35075

Program:

Canada Accelerator and Incubator Program

Program Purpose:

Coverage:

Canada Accelerator and Incubator Program projects stimulate wealth creation for Canada through innovation.

NAICS Code:

813910

Amendments:

See Amendments