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Explore our Budget 2026 analysis

Contribution: SIF Stream 1 - R&D

AVL Fuel Cell Canada Inc.

$15,000,000.00

814534

FY 2023-24 · 2023-06-30

Summary
This project will support the establishment of a world class research and development centre for hydrogen fuel cell technology for internal use and to offer engineering and testing services to customers globally, as well as develop hydrogen fuel cell technology for the use in heavy-duty transportation vehicles.
Program
SIF Stream 1 - R&D
Location
Burnaby, British Columbia, Canada
Recipient Type
For-profit organization
Business Number
755219912
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
02022-01-012021-22$15,000,000.00
12023-06-302023-24$15,000,000.00

As published

Additional Information
Please note this update includes a change to improve standardization of reporting across projects. The end date was updated from the end of the work phase of the project (31/12/2028) to the current end date of the contract (01/01/2039). This is not an extension. The end date now reflects the entirety of the agreement duration, including the benefit phase and residual audit period. The original start date was updated to reflect the correct execution date.
Additional Information (French)
Veuillez noter que cette mise à jour comprend une modification visant à améliorer la normalisation des rapports entre les projets. La date de début initiale a été mise à jour pour refléter la date d’exécution exacte. La date de fin a été mise à jour, passant de la fin de la phase de travail du projet (31/12/2028) à la date de fin actuelle du contrat (01/01/2039). Ce n'est pas une extension. La date de fin reflète désormais la totalité de la durée de l’accord, y compris la phase des avantages et la période d’audit résiduelle.
Agreement End Date
2039-01-01
Agreement Number
814534
Agreement Start Date
2023-06-30
Agreement Title
814534
Agreement Title (French)
814534
Agreement Type
Contribution
Agreement Value
$15,000,000.00
Amendment Date
2026-03-31
Amendment Number
1
Description
This project will support the establishment of a world class research and development centre for hydrogen fuel cell technology for internal use and to offer engineering and testing services to customers globally, as well as develop hydrogen fuel cell technology for the use in heavy-duty transportation vehicles.
Description (French)
Ce projet soutiendra la création d'un centre de recherche et développement de classe mondiale pour la technologie des piles à combustible à hydrogène pour usage interne et pour offrir des solutions d'ingénierie à des clients à l'échelle mondiale, ainsi que le développement de la technologie des piles à combustible à hydrogène pour utilisation dans les véhicules de transport lourd.
Expected Results
The investment will enable the company to develop hydrogen fuel technology innovations and offer engineering and testing services that will reduce green house gas emissions in the transportation sector.
Expected Results (French)
L'investissement permettra à l'entreprise de développer des innovations technologiques en matière de combustible à hydrogène et d'offrir des services d'ingénierie et de tests qui permettront de réduire les émissions de gaz à effet de serre dans le secteur des transports.
Federal Riding
Burnaby North--Seymour
Federal Riding (French)
Burnaby-Nord--Seymour
Federal Riding Number
59002
NAICS Code
339900
Organization Code
ic
Organization
Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada
Program Name
SIF Stream 1 - R&D
Program Name (French)
FSI Volet 1 - R&D
Program Purpose
Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services; Facilitate the growth and expansion of firms in Canada; Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
Program Purpose (French)
Favoriser les activités de R-D qui accéléreront le transfert de la technologie et la commercialisation de produits, de processus et de services novateurs ; faciliter la croissance et l'expansion des entreprises au Canada ; attirer et conserver des investissements de grande envergure au Canada ; et-faire progresser la recherche industrielle, le développement et la démonstration de technologies grâce à la collaboration entre les universitaires, les organisations à but non lucratif et le secteur privé.
Recipient Business Number
755219912
Recipient City
Burnaby
Recipient Country
CA
Recipient Legal Name
AVL Fuel Cell Canada Inc.
Recipient Operating Name
AVL Fuel Cell Canada Inc.
Recipient Postal Code
V5A4N6
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
033-2023-2024-Q1-814534