Other transfer or payment: SIF Stream 1- R&D
Kinova Inc.
$20,000,000.00
813014
FY 2019-20 · 2019-08-01
Summary
Development and commercialization of accessible smart robotics for industry 4.0 solutions and accelerate robotics adoption in a range of industries.
Program
SIF Stream 1- R&D
Recipient
Location
Boisbriand, Quebec, Canada
Recipient Type
For-profit organization
Business Number
851287326
Type
Other transfer or payment
Source
Proactive Disclosure - Grants and Contributions
Amendments
Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.
| Amendment | Date | Fiscal Year | Total |
|---|---|---|---|
| 0 | 2019-08-01 | 2019-20 | $20,000,000.00 |
| 1 | 2019-08-01 | 2019-20 | $20,000,000.00 |
As published
Additional Information
The Amendment has been completed to extend the project agreement end date from 2040-04-30 to 2042-04-30. This a partially repayable contribution.
Additional Information (French)
La modification a été effectuée pour prolonger la date de fin de l'accord de projet du 30 avril 2040 au 30 avril 2042. Il s'agit d'une contribution partiellement remboursable.
Agreement End Date
2025-12-31
Agreement Number
813014
Agreement Start Date
2019-08-01
Agreement Title
813014
Agreement Title (French)
813014
Agreement Type
Other transfer payment
Agreement Value
$20,000,000.00
Amendment Date
2023-02-20
Amendment Number
1
Description
Development and commercialization of accessible smart robotics for industry 4.0 solutions and accelerate robotics adoption in a range of industries.
Description (French)
Mise au point et commercialisation de solutions accessibles de robotique intelligente pour l'industrie 4.0 et accélération de l'adoption de la robotique dans une série de secteurs d'activité.
Expected Results
The company will develop and commercialize accessible smart robotics for industry 4.0 solutions and accelerate robotics adoption in a range of industries.The new factory would anchor robot production in Canada for the next five years and strengthening Canada's supply chain.
Expected Results (French)
L'entreprise développera et commercialisera des solutions de robotique intelligente accessibles pour l'industrie 4.0 et accélérera l'adoption de la robotique dans divers secteurs. La nouvelle usine ancrera la production de robots au Canada pour les cinq prochaines années et renforcera la chaîne d'approvisionnement du Canada.
Federal Riding
Rivière-des-Mille-Îles
Federal Riding (French)
Rivière-des-Mille-Îles
Federal Riding Number
24062
NAICS Code
339900
Organization Code
ic
Organization
Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada
Program Name
SIF Stream 1- R&D
Program Name (French)
FIS Volet 1- R&D
Program Purpose
-Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
Program Purpose (French)
-favoriser les activités de R-D qui accéléreront le transfert de la technologie et la commercialisation de produits, de processus et de services novateurs ;-faciliter la croissance et l'expansion des entreprises au Canada ;-attirer et conserver des investissements de grande envergure au Canada ; et-faire progresser la recherche industrielle, le développement et la démonstration de technologies grâce à la collaboration entre les universitaires, les organisations à but non lucratif et le secteur privé.
Recipient Business Number
851287326
Recipient City
Boisbriand
Recipient Country
CA
Recipient Legal Name
Kinova Inc.
Recipient Operating Name
Kinova Inc.
Recipient Postal Code
J7H1M7
Recipient Province or Territory
QC
Recipient Type
F
Reference Number
033-2020-2021-Q3-813014
