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Contribution: Industrial Research Assistance Program – Contributions to Firms

StackTeck Systems Limited

$185,000.00

Project FastTrack (Speed to Market Molds)

FY 2018-19 · 2018-07-03

Summary
Stackteck has been a leader in the industry for thinwall mold technology for many years. Our designs had superior technology and were of higher quality than other companies in the industry. The competition has since caught up and our designs have been copied to the point they are commodity designs. Our competition can now make these simple thin wall molds faster and cheaper than StackTeck. StackTeck needs to gain back our leadership in this industry by improving/developing new ways to make and deliver these molds to our customers faster.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Bragg Creek|Bragg Creek, Ontario, Canada
Recipient Type
For-profit organization
Business Number
890914070
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.

AmendmentDateFiscal YearTotal
02018-07-032018-19$185,000.00
12018-07-032018-19$185,000.00
22018-07-032018-19$185,000.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 62 days.
Additional Information (French)
La date de fin du présent accord a été changé de 62 jours. Cet accord a été modifié 1 fois
Agreement End Date
2019-10-31
Agreement Number
910348
Agreement Start Date
2018-07-03
Agreement Title
Project FastTrack (Speed to Market Molds)
Agreement Title (French)
Projet FastTrack (moules de mise en marché rapide)
Agreement Type
Contribution
Agreement Value
$185,000.00
Amendment Date
2019-05-23
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
Stackteck has been a leader in the industry for thinwall mold technology for many years. Our designs had superior technology and were of higher quality than other companies in the industry. The competition has since caught up and our designs have been copied to the point they are commodity designs. Our competition can now make these simple thin wall molds faster and cheaper than StackTeck. StackTeck needs to gain back our leadership in this industry by improving/developing new ways to make and deliver these molds to our customers faster.
Description (French)
Stackteck est un chef de file de l'industrie de la technologie des moules à paroi mince depuis de nombreuses années. Nos conceptions avaient une technologie supérieure et étaient de meilleure qualité que les autres entreprises du secteur. La concurrence a depuis pris de l'ampleur et nos conceptions ont été copiées au point d'être des produits de base. Notre concurrence peut maintenant produire ces moules à parois minces simples plus rapidement et moins cher que StackTeck. StackTeck doit regagner notre leadership dans ce secteur en améliorant / développant de nouvelles façons de fabriquer et de livrer ces moules plus rapidement à nos clients.
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
Brampton East
Federal Riding (French)
Brampton-Est
Federal Riding Number
35009
NAICS Code
333511
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
890914070
Recipient City
Bragg Creek|Bragg Creek
Recipient Country
CA
Recipient Legal Name
StackTeck Systems Limited
Recipient Postal Code
L6T 5S2
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2018-2019-Q2-910348