Grants and Contributions:
Title:
Ring Cutting Device
Agreement Number:
971589
Agreement Value:
$208,902.00
Agreement Date:
May 10, 2021 - Mar 31, 2022
Description:
Existing ring cutter technology is not meeting the needs of medical and rescue practitioners. Ring Rescue is developing a novel electrically assisted device that can cut any material, at a rate 8-25 X faster than existing technology. The innovation will be safe, simple to use, and require no physical effort on the part of the practitioner. Combined with the firm’s compression technology, a full suite ring removal solution will provide medical and rescue professionals complete confidence that any stuck ring can be removed quickly and easily.
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:
Bedford, Nova Scotia, CA B4A 3X9
Reference Number:
172-2021-2022-Q1-971589
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
762028082
Recipient Type:
For-profit organization
Additional Information:
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 40 days. The total amended value is 59,719 dollars.
Amendment Date
Feb 23, 2022
Recipient's Legal Name:
Ring Rescue Incorporated
Federal Riding Name:
Halifax West
Federal Riding Number:
12006
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:
339110
Amendments: