Grants and Contributions:

Title:
Semi-autonomous Closed Loop Performance Management (SCLPM) Project
Agreement Number:
990890
Agreement Value:
$217,000.00
Agreement Date:
May 2, 2022 - Jun 30, 2023
Description:
Racer is adding the benefit of semi-autonomous closed loop adjustment of specific process controls, optimizing process productivity. This combined with the custom designed multi-function capability of its platforms will provide customers with the best possible complete subtractive manufacturing solutions available.
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:
Cambridge, Ontario, CA N3H 4R7
Reference Number:
172-2022-2023-Q2-990890
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
874567811
Recipient Type:
For-profit organization
Additional Information:

This agreement has been amended 1 time(s). The total amended value is 50,500 dollars. Cambridge 35016

Amendment Date
Mar 6, 2023
Recipient's Legal Name:
Racer Machinery International Inc.
Federal Riding Name:
Kitchener South--Hespeler
Federal Riding Number:
35047
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:
333519
Amendments: