Grants and Contributions:
Title:
Project Roll
Agreement Number:
1029476
Agreement Value:
$0.00
Agreement Date:
Mar 4, 2025 - Jun 23, 2025
Description:
Founded in 2019, CRT is a Pending B Corp, Canadian clean tech startup with a mission to enable infinite reuse of the world’s rubber. Globally, 20 million tonnes of rubber is used annually to make new tires, and the majority is ultimately landfilled or used in low grade applications at the end of their life. CRT’s proprietary process converts end-of-life industrial tires into high quality natural rubber reclaim that can be substituted for natural virgin rubber. A truly circular Tire-to-Tire Solution. Our high quality product, clean process, global supply chain network, and fully traceable solution provides tire manufacturers with a sustainable alternative to virgin rubber at stable lower cost levels with a significantly lower carbon footprint. In 2023, CRT is constructing its first commercial facility in Alberta whilst continuing to innovate and scale its global operations to achieve significant growth.
Organization:
National Research Council Canada
Expected Results:
The NRC-IRAP Clean Technology Program will support Canadian SMEs in the research and development of sustainable development technologies, up to their commercialization, with the potential to deliver economic and environmental outcomes.
Location:
North Vancouver, British Columbia, CA V7M 3G7
Reference Number:
172-2024-2025-Q4-1029476
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
758970875
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 82 days. The total amended value is -4,058,093.07 dollars.
Amendment Date
Sep 3, 2025
Recipient's Legal Name:
Circular Rubber Technologies Inc
Federal Riding Name:
North Vancouver
Federal Riding Number:
59021
Program:
Industrial Research Assistance Program – Clean Technology
Program Purpose:
The NRC-IRAP Clean Technology Program will support Canadian SMEs in the research and development of sustainable development technologies, up to their commercialization, with the potential to deliver economic and environmental outcomes.
Coverage:
NRC-IRAP Clean Technology projects stimulate wealth creation for Canada through sustainable development technological innovation, while improving Canada’s environmental indicators related to greenhouse gas emissions (GCG), waste management, air quality or drinking water based on the types of sustainable development technologies that will be supported.
NAICS Code:
3262
Amendments: