Contribution: Business Scale-Up
Arrayus Technologies Inc.
$2,151,187.00
814686
FY 2019-20 · 2019-04-01
Summary
The purpose of the project is to support the commercial launch of Harmonic Medical Inc's magnetic resonance-guided focused ultrasound therapy platform and prepare for product/market expansion.
Program
Business Scale-Up
Recipient
Location
Burlington, Ontario, Canada
Recipient Type
For-profit organization
Business Number
841080203
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Additional Information
Project end date changed from 2021/22 to 2023/24.
Additional Information (French)
La date de fin du projet est passée de 2021-2022 à 2023-2024.
Agreement End Date
2023-12-31
Agreement Number
814686
Agreement Start Date
2019-04-01
Agreement Title
814686
Agreement Title (French)
814686
Agreement Type
Contribution
Agreement Value
$2,151,187.00
Amendment Date
2021-12-08
Amendment Number
7
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
The purpose of the project is to support the commercial launch of Harmonic Medical Inc's magnetic resonance-guided focused ultrasound therapy platform and prepare for product/market expansion.
Description (French)
L’objectif du projet est de soutenir le lancement commercial de la plateforme de thérapie par ultrasons concentrés guidés par résonance magnétique de Harmonic Medical Inc. et de préparer le développement du produit et du marché.
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
Burlington
Federal Riding (French)
Burlington
Federal Riding Number
35015
NAICS Code
334512
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
841080203
Recipient City
Burlington
Recipient Country
CA
Recipient Legal Name
Arrayus Technologies Inc.
Recipient Operating Name
Arrayus Technologies Inc.
Recipient Postal Code
L7N 2G3
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
062-2021-2022-Q3-00067
