Contribution: Industrial Research Assistance Program – Contributions to Firms
East Coast Innovation Inc.
$405,710.00
Voluntary Swim-In (VSI) System Development - Phase II - and Continued Field Trials
FY 2023-24 · 2023-06-26
Summary
The salmon farming industry is currently using an inefficient process to handle the movement of fish, causing poor fish health and resulting in reduced yield and higher costs. The patent pending VSI System will provide significant improvement to the movement of fish throughout the lifecycle of the fish farming process. The VSI system provides a more natural environment to encourage fish movement, which results in healthier fish, improved yield, and is less labor intensive which will benefit the operator and aquaculture industry as a whole.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
St Andrews|St Andrews, New Brunswick, Canada
Recipient Type
For-profit organization
Business Number
752783332
Type
Contribution
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 | 2023-06-26 | 2023-24 | $250,000.00 |
| 2 | 2023-06-26 | 2023-24 | $405,710.00 |
As published
Additional Information
This agreement has been amended 2 time(s). The end date of this agreements has been modified by 56 days. The total amended value is 155,710 dollars.
Additional Information (French)
Cet accord a été modifié 2 fois La date de fin du présent accord a été changé de 56 jours. La valeur totale des modifications est de 155 710 dollars.
Agreement End Date
2024-03-29
Agreement Number
1007867
Agreement Start Date
2023-06-26
Agreement Title
Voluntary Swim-In (VSI) System Development - Phase II - and Continued Field Trials
Agreement Title (French)
Développement du système Voluntary Swim-In (VSI) - Phase II - et poursuite des essais sur le terrain
Agreement Type
Contribution
Agreement Value
$405,710.00
Amendment Date
2024-02-22
Amendment Number
2
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
The salmon farming industry is currently using an inefficient process to handle the movement of fish, causing poor fish health and resulting in reduced yield and higher costs. The patent pending VSI System will provide significant improvement to the movement of fish throughout the lifecycle of the fish farming process. The VSI system provides a more natural environment to encourage fish movement, which results in healthier fish, improved yield, and is less labor intensive which will benefit the operator and aquaculture industry as a whole.
Description (French)
L’industrie de l’élevage du saumon utilise actuellement un processus inefficace pour gérer le déplacement des poissons, ce qui entraîne une mauvaise santé des poissons, une baisse du rendement et une augmentation des coûts. Le système VSI, en instance de brevet, permettra d’améliorer considérablement le déplacement des poissons tout au long du cycle de vie du processus d’élevage. Le système VSI offre un environnement plus naturel pour encourager le mouvement des poissons, ce qui se traduit par des poissons en meilleure santé, un meilleur rendement et une moindre intensité de main-d’œuvre, ce qui profitera à l’opérateur et à l’industrie de l’aquaculture dans son ensemble.
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
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
New Brunswick Southwest
Federal Riding (French)
Nouveau-Brunswick-Sud-Ouest
Federal Riding Number
13008
NAICS Code
541330
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
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
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
752783332
Recipient City
St Andrews|St Andrews
Recipient Country
CA
Recipient Legal Name
East Coast Innovation Inc.
Recipient Postal Code
E5B 2J3
Recipient Province or Territory
NB
Recipient Type
F
Reference Number
172-2023-2024-Q2-1007867
