Contribution: Business Scale-Up
Nasarc Technologies, Inc.
$2,800,000.00
812908
FY 2018-19 · 2018-08-03
Summary
Project involves commercializing 3 patented products, installation of automated in-house production lines and global business development/marketing strategy focused on North America and Europe.
Program
Business Scale-Up
Recipient
Location
Waterloo, Ontario, Canada
Recipient Type
For-profit organization
Business Number
872716717
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Additional Information
This line refers to amendment #3 that changes project end date from 2022/23 (2022-09-30) to 2023/24 (2024-03-31).
Agreement End Date
2024-03-31
Agreement Number
812908
Agreement Start Date
2018-08-03
Agreement Title
812908
Agreement Title (French)
812908
Agreement Type
Contribution
Agreement Value
$2,800,000.00
Amendment Date
2022-02-14
Amendment Number
3
Coverage
To achieve one or more of the following departmental results, i) Businesses in southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in southern Ontario are innovative and growing; and iii) Communities are economically diversified in southern Ontario. | Atteindre un ou plusieurs des résultats ministériels suivants : i) les entreprises du Sud de l'Ontario investissent dans le développement et la commercialisation de technologies novatrices; ii) les entreprises du Sud de l'Ontario sont novatrices et en croissance; iii) les collectivités du Sud de l'Ontario sont diversifiées sur le plan économique.
Description
Project involves commercializing 3 patented products, installation of automated in-house production lines and global business development/marketing strategy focused on North America and Europe.
Description (French)
Le projet comprend la commercialisation de 3 produits brevetés, l’installation de lignes de production internes automatisées et une stratégie globale de développement commercial et de marketing axée sur l’Amérique du Nord et l’Europe.
Expected Results
To achieve one or more of the following departmental results, i) Businesses in southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in southern Ontario are innovative and growing; and iii) Communities are economically diversified in southern Ontario.
Expected Results (French)
Atteindre un ou plusieurs des résultats ministériels suivants : i) les entreprises du Sud de l'Ontario investissent dans le développement et la commercialisation de technologies novatrices; ii) les entreprises du Sud de l'Ontario sont novatrices et en croissance; iii) les collectivités du Sud de l'Ontario sont diversifiées sur le plan économique.
Federal Riding
Waterloo
Federal Riding (French)
Waterloo
Federal Riding Number
35112
NAICS Code
333519
Organization Code
feddevontario
Organization
Federal Economic Development Agency for Southern Ontario | Agence fédérale de développement économique pour le Sud de l'Ontario
Program Name
Business Scale-Up
Program Name (French)
Expansion des entreprises
Program Purpose
To accelerate the growth of firms and assist with the adoption and adaptation of new, innovative technologies that support scale-up, productivity, development of and entry into new markets to help companies become globally competitive.
Program Purpose (French)
Accélérer la croissance des entreprises et favoriser l'adoption et l'adaptation de technologies novatrices qui favorisent l'expansion, la productivité, le développement et l'entrée sur de nouveaux marchés pour aider les entreprises à devenir concurrentielles à l'échelle mondiale.
Recipient Business Number
872716717
Recipient City
Waterloo
Recipient Country
CA
Recipient Legal Name
Nasarc Technologies, Inc.
Recipient Operating Name
Nasarc Technologies, Inc.
Recipient Postal Code
N2V 1A2
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
062-2021-2022-Q4-00043
