Contribution: Industrial Research Assistance Program – Contributions to Firms
Korotu Technology Inc.
$49,700.00
Foresight (GCCP) ICAP – International Co-Innovation Action Plan
FY 2023-24 · 2024-01-15
Summary
Korotu Technology is a Canada-based software company that provides advanced remote sensing of forests to support conservation finance. In 2023 we won the WWF Nature x Carbon Tech Challenge for our forest carbon measurement software.
We are looking for co-innovation partners who work in the forestry value chain in the UK from source to use (e.g. in satellite sensing, or in creation carbon credits) that are interested in biodiversity markets and ecosystem valuation, and in how EU Deforestation Free Regulation (EUDR) will change the way forests are managed and tracked globally.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Toronto|Toronto, Ontario, Canada
Recipient Type
For-profit organization
Business Number
767922107
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2024-07-15
Agreement Number
1014143
Agreement Start Date
2024-01-15
Agreement Title
Foresight (GCCP) ICAP – International Co-Innovation Action Plan
Agreement Title (French)
Foresight (GCCP) PACI - Programme d’action de co-innovation internationale
Agreement Type
Contribution
Agreement Value
$49,700.00
Amendment Number
0
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
Korotu Technology is a Canada-based software company that provides advanced remote sensing of forests to support conservation finance. In 2023 we won the WWF Nature x Carbon Tech Challenge for our forest carbon measurement software.
We are looking for co-innovation partners who work in the forestry value chain in the UK from source to use (e.g. in satellite sensing, or in creation carbon credits) that are interested in biodiversity markets and ecosystem valuation, and in how EU Deforestation Free Regulation (EUDR) will change the way forests are managed and tracked globally.
Description (French)
Korotu Technology est une entreprise de logiciels basée au Canada qui fournit une télédétection avancée des forêts pour soutenir le financement de la conservation. En 2023, nous avons remporté le WWF Nature x Carbon Tech Challenge pour notre logiciel de mesure du carbone forestier. Nous recherchons des partenaires de co-innovation qui travaillent dans la chaîne de valeur forestière au Royaume-Uni, de la source à l’utilisation (par exemple, dans la détection par satellite, ou dans la création de crédits carbone) qui s’intéressent aux marchés de la biodiversité et à l’évaluation des écosystèmes, et à la façon dont la réglementation européenne sur la déforestation (EUDR) changera la façon dont les forêts sont gérées et suivies à l’échelle mondiale.
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
University--Rosedale
Federal Riding (French)
University--Rosedale
Federal Riding Number
35110
NAICS Code
511211
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
767922107
Recipient City
Toronto|Toronto
Recipient Country
CA
Recipient Legal Name
Korotu Technology Inc.
Recipient Operating Name
Korotu Technology
Recipient Postal Code
M6G 1L5
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2023-2024-Q4-1014143
