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Contribution: Industrial Research Assistance Program – Contributions to Firms

GROUPE SAVOIE INC

$38,850.00

Laboratory Validation of Molecules for Commercialization.

FY 2024-25 · 2024-05-01

Summary
Molecules derived from bark can be used in a number of sectors. Three specific applications have been targeted for which the potential sales volume would be very high. The project will validate that the molecules produced can be used effectively in these three applications. Experiments with generic recipes will be carried out to confirm this potential, which will then enable us to approach potential customers. It will then be possible to confirm the functionality of the molecules with the results obtained in the targeted application. There are currently no products incorporating these molecules as active ingredients, but the scientific literature suggests that there are.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Saint-Quentin|Saint-Quentin, New Brunswick, Canada
Recipient Type
For-profit organization
Business Number
136932266
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
02024-05-012024-25$38,850.00
12024-05-012024-25$38,850.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 60 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 60 jours.
Agreement End Date
2024-11-29
Agreement Number
1017566
Agreement Start Date
2024-05-01
Agreement Title
Laboratory Validation of Molecules for Commercialization.
Agreement Title (French)
Validation En Laboratoire De Molécules Pour Commercialisation.
Agreement Type
Contribution
Agreement Value
$38,850.00
Amendment Date
2024-08-20
Amendment Number
1
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
Molecules derived from bark can be used in a number of sectors. Three specific applications have been targeted for which the potential sales volume would be very high. The project will validate that the molecules produced can be used effectively in these three applications. Experiments with generic recipes will be carried out to confirm this potential, which will then enable us to approach potential customers. It will then be possible to confirm the functionality of the molecules with the results obtained in the targeted application. There are currently no products incorporating these molecules as active ingredients, but the scientific literature suggests that there are.
Description (French)
Les molécules issues des écorces peuvent servir pour plusieurs secteurs d'activités. Trois applications spécifiques ont été ciblées pour lesquelles le potentiel de volume de ventes serait très élevé. Le projet servira à valider que les molécules produites peuvent être utilisées efficacement dans ces trois applications. Des expériences avec des recettes génériques seront menées pour confirmer ce potentiel, ce qui permettra par la suite d'approcher des clients potentiels. Il sera alors possible de leur confirmer la fonctionnalité des molécules avec les résultats obtenus dans l'application visée. Il n'existe présentement pas de produit intégrant ces molécules comme ingrédient actif, mais la littérature scientifique le suggère.
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
Madawaska--Restigouche
Federal Riding (French)
Madawaska--Restigouche
Federal Riding Number
13005
NAICS Code
321920
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
136932266
Recipient City
Saint-Quentin|Saint-Quentin
Recipient Country
CA
Recipient Legal Name
GROUPE SAVOIE INC
Recipient Postal Code
E8A 2K9
Recipient Province or Territory
NB
Recipient Type
F
Reference Number
172-2024-2025-Q1-1017566
GROUPE SAVOIE INC - $38,850 Contribution (2024-25) | Canada Spends