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Contribution: Industrial Research Assistance Program – Youth Employment Program

Hybrid Power Solutions Inc.

$25,000.00

Youth Employment Program

FY 2021-22 · 2021-05-01

Summary
Hybrid Power Solutions aims to expand its market reach by employing a sales engineer that will be able to not only grow our sales in both the Canadian and US marketplace but also provide technical answers. HPS has a goal of becoming market leaders in residential and small scale commercial battery systems in Canada by the end of 2021 and the expansion of our sales team is pivotal in achieving this goal.
Program
Industrial Research Assistance Program – Youth Employment Program
Location
Mississauga|Mississauga, Ontario, Canada
Recipient Type
For-profit organization
Business Number
793792524
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Agreement End Date
2022-02-28
Agreement Number
970179
Agreement Start Date
2021-05-01
Agreement Title
Youth Employment Program
Agreement Title (French)
Programme emploi jeunesse
Agreement Type
Contribution
Agreement Value
$25,000.00
Amendment Number
0
Coverage
IRAP Youth Employment Program projects stimulate wealth creation for Canada through technological innovation. | Les projets du Programme Emploi-jeunesse du PARI stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
Hybrid Power Solutions aims to expand its market reach by employing a sales engineer that will be able to not only grow our sales in both the Canadian and US marketplace but also provide technical answers. HPS has a goal of becoming market leaders in residential and small scale commercial battery systems in Canada by the end of 2021 and the expansion of our sales team is pivotal in achieving this goal.
Description (French)
Hybrid Power Solutions vise à accroître sa portée sur le marché en employant un ingénieur commercial qui sera en mesure non seulement d'augmenter nos ventes sur le marché canadien et américain, mais aussi de fournir des réponses techniques. HPS a pour objectif de devenir le chef de file du marché des systèmes de batteries résidentiels et commerciaux à petite échelle au Canada d'ici la fin de 2021. Par conséquent, l'expansion de notre équipe de vente est essentielle pour atteindre cet objectif.
Expected Results
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Expected Results (French)
Le Programme Emploi-jeunesse du PARI contribue à accroître le bassin de personnes hautement qualifiées, fait la promotion des études supérieures, démontre le leadership fédéral grâce aux investissements effectués dans l’acquisition des compétences requises pour répondre aux besoins de l’économie du savoir et facilite la transition des jeunes hautement qualifiés vers un marché du travail en évolution rapide.
Federal Riding
Mississauga East--Cooksville
Federal Riding (French)
Mississauga-Est--Cooksville
Federal Riding Number
35059
NAICS Code
335910
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Youth Employment Program
Program Name (French)
Programme d’aide à la recherche industrielle – Programme emploi jeunesse
Program Purpose
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Program Purpose (French)
Le Programme Emploi-jeunesse du PARI contribue à accroître le bassin de personnes hautement qualifiées, fait la promotion des études supérieures, démontre le leadership fédéral grâce aux investissements effectués dans l’acquisition des compétences requises pour répondre aux besoins de l’économie du savoir et facilite la transition des jeunes hautement qualifiés vers un marché du travail en évolution rapide.
Recipient Business Number
793792524
Recipient City
Mississauga|Mississauga
Recipient Country
CA
Recipient Legal Name
Hybrid Power Solutions Inc.
Recipient Postal Code
L4X 2H1
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2021-2022-Q1-970179
Hybrid Power Solutions Inc. - $25,000 Contribution (2… | Canada Spends