Grants and Contributions:

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Title:

E!17680 - NCDS - Oleosomes as Novel Cosmetic Delivery Vehicles

Agreement Number:

1007747

Agreement Value:

$500,000.00

Agreement Date:

Apr 3, 2023 - Mar 31, 2026

Description:

The international consortium project "Oleosomes as Novel Cosmetic Delivery Vehicles" will focus primarily on the use of oleosomes to encapsulate & deliver the following bioactives: 1. Vitamin A, in the form of retinol, for the purposes of wound healing & soothing of dry skin. 2. "Vitamin F", otherwise known as polyunsaturated fatty acids, for the purposes of skin cell generation and skin hydration. In the above proposed novel cosmetic deliverable product concepts, we would seek to harness Botaneco's expertise in selecting the optimum oleosome-loading condition and Sharon Labs' expertise in formulation development, including but not limited to preservation, to provide the consumer with a variety of natural personal care products.

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:

Calgary, Alberta, CA T1Y 7L3

Reference Number:

172-2023-2024-Q2-1007747

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

838349447

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 90 days.

Amendment Date

Mar 18, 2025

Recipient's Legal Name:

Botaneco Inc.

Federal Riding Name:

Calgary Forest Lawn

Federal Riding Number:

48006

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:

541710

Amendments:

See Amendments