Contribution: Industrial Research Assistance Program – Contributions to Firms
Racer Machinery International Inc.
$75,000.00
Developing New Formulized Sales & Marketing Processes
FY 2024-25 · 2024-08-01
Summary
Racer Machinery International Inc. is taking steps to modernize its marketing and sales process after directly engaging with its customers to seeking feedback to improve or products and services delivery.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Cambridge|Cambridge, Ontario, Canada
Recipient Type
For-profit organization
Business Number
874567811
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.
| Amendment | Date | Fiscal Year | Total |
|---|---|---|---|
| 0 | 2024-08-01 | 2024-25 | $75,000.00 |
| 3 | 2024-08-01 | 2024-25 | $75,000.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 91 days. Cambridge 35016
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 91 jours. Cambridge 35016
Agreement End Date
2025-11-30
Agreement Number
1021798
Agreement Start Date
2024-08-01
Agreement Title
Developing New Formulized Sales & Marketing Processes
Agreement Title (French)
Développer de nouveaux processus de vente et de marketing formulés
Agreement Type
Contribution
Agreement Value
$75,000.00
Amendment Date
2025-07-18
Amendment Number
3
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
Racer Machinery International Inc. is taking steps to modernize its marketing and sales process after directly engaging with its customers to seeking feedback to improve or products and services delivery.
Description (French)
Racer Machinery International Inc. prend des mesures pour moderniser son processus de marketing et de vente après s’être engagé directement auprès de ses clients pour obtenir des informations en retour afin d’améliorer la fourniture de ses produits et services.
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
Kitchener South--Hespeler
Federal Riding (French)
Kitchener-Sud--Hespeler
Federal Riding Number
35047
NAICS Code
333519
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
874567811
Recipient City
Cambridge|Cambridge
Recipient Country
CA
Recipient Legal Name
Racer Machinery International Inc.
Recipient Postal Code
N3H 4R7
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2024-2025-Q2-1021798
