Contribution: SIF Stream 1- R&D
ISARA Corporation
$7,239,000.00
811868
FY 2018-19 · 2018-08-22
Summary
Use quantum technology to develop new security tools that large enterprises (such as financial institutions and governments) can easily adopt to protect information and communication technology (ICT) between people, services and networks.
Program
SIF Stream 1- R&D
Recipient
Location
WATERLOO, Ontario, Canada
Recipient Type
For-profit organization
Business Number
813309788
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 | 2018-08-22 | 2018-19 | $7,239,000.00 |
| 1 | 2018-08-22 | 2018-19 | $7,239,000.00 |
| 2 | 2018-08-22 | 2018-19 | $7,239,000.00 |
As published
Additional Information
The amendment has been completed to extend the project agreement end date from February 28, 2037 to May 31, 2043. This is a conditionally repayable contribution.
Additional Information (French)
L'amendement a été effectué pour prolonger la date d'achèvement du projet jusqu'au 30 juin 2023. Il s'agit d'une contribution remboursable.
Agreement End Date
2023-06-30
Agreement Number
811868
Agreement Start Date
2018-08-22
Agreement Title
811868
Agreement Title (French)
811868
Agreement Type
Contribution
Agreement Value
$7,239,000.00
Amendment Date
2023-05-08
Amendment Number
2
Description
Use quantum technology to develop new security tools that large enterprises (such as financial institutions and governments) can easily adopt to protect information and communication technology (ICT) between people, services and networks.
Description (French)
Utiliser la technologie quantique afin de développer de nouveaux outils de sécurité que les grandes entreprises (telles que les institutions financières et les gouvernements) peuvent facilement adopter pour la protection des technologies de l'information et des communications (TIC) connectant les gens, les services et les réseaux.
Expected Results
This project will help protect against the potential risk to Canadians associated with security breaches of personal information and also result in creation of new IP technologies in Canada.
Expected Results (French)
L'investissement aidera à protéger contre le risque potentiel pour les Canadiens associé aux violations de sécurité des informations personnelles et entraînera également la création de nouvelles technologies de propriété intellectuelle au Canada.
Federal Riding
Waterloo
Federal Riding (French)
Waterloo
Federal Riding Number
35112
NAICS Code
541514
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)
FIS 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
813309788
Recipient City
WATERLOO
Recipient Country
CA
Recipient Legal Name
ISARA Corporation
Recipient Operating Name
ISARA Corporation
Recipient Postal Code
N2L0A9
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
033-2018-2019-Q4-811868