Contribution: Industrial Research Assistance Program – Contributions to Firms
CarbonCure Technologies Inc.
$139,350.00
Scaling the carbon credit support infrastructure
FY 2023-24 · 2023-07-03
Summary
CarbonCure is the first company to offer engineered carbon credits that are approved under Verra’s Certification Standard. Our robust data collection, validation and traceability is what enables our carbon credits to pass the rigorous third party verification process and allows CarbonCure to sell Verified Carbon Units (VCUs) at a premium.
In order to support this growing credit business we need to update several aspects of our digital platform. We believe that having automated data collection tools and a customer web platform that guides our users on the rigorous and complex concrete production data requirements is our best opportunity at scaling this major component of CarbonCure’s business.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Dartmouth|Dartmouth, Nova Scotia, Canada
Recipient Type
For-profit organization
Business Number
857595417
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2023-11-03
Agreement Number
1007393
Agreement Start Date
2023-07-03
Agreement Title
Scaling the carbon credit support infrastructure
Agreement Title (French)
Mise à l’échelle de l’infrastructure de soutien au crédit carbone
Agreement Type
Contribution
Agreement Value
$139,350.00
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
CarbonCure is the first company to offer engineered carbon credits that are approved under Verra’s Certification Standard. Our robust data collection, validation and traceability is what enables our carbon credits to pass the rigorous third party verification process and allows CarbonCure to sell Verified Carbon Units (VCUs) at a premium.
In order to support this growing credit business we need to update several aspects of our digital platform. We believe that having automated data collection tools and a customer web platform that guides our users on the rigorous and complex concrete production data requirements is our best opportunity at scaling this major component of CarbonCure’s business.
Description (French)
CarbonCure est la première entreprise à proposer des crédits carbone techniques approuvés dans le cadre de la norme de certification Verra. Notre solide collecte de données, notre validation et notre traçabilité permettent à nos crédits carbone de passer le processus rigoureux de vérification par une tierce partie et permettent à CarbonCure de vendre des Unités de Carbone Vérifiées (UCV) à un prix élevé. Afin de soutenir cette activité croissante de crédits, nous devons mettre à jour plusieurs aspects de notre plateforme numérique. Nous pensons que disposer d’outils de collecte de données automatisés et d’une plateforme Web client qui guide nos utilisateurs sur les exigences rigoureuses et complexes des données de production de béton est notre meilleure opportunité de mise à l’échelle de cette composante majeure de l’activité de CarbonCure.
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
Dartmouth--Cole Harbour
Federal Riding (French)
Dartmouth--Cole Harbour
Federal Riding Number
12004
NAICS Code
327320
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
857595417
Recipient City
Dartmouth|Dartmouth
Recipient Country
CA
Recipient Legal Name
CarbonCure Technologies Inc.
Recipient Postal Code
B3B 1Z6
Recipient Province or Territory
NS
Recipient Type
F
Reference Number
172-2023-2024-Q2-1007393
