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Contribution: Industrial Research Assistance Program – Contributions to Organizations

Rangoli Surfaces Inc.

$520,000.00

Processing of Luxury Vinyl Planks

FY 2022-23 · 2022-10-16

Summary
PolyCo is partnering with industry experts in order to drive their prototype development forward, achieve a confidence milestone, and trigger the order of capital equipment over a three-stage plan in support of Canada's first environmentally friendly, Canadian-made flooring manufacturer. Three private partners will be leveraged based on their industry expertise: A large MNE for chemical formulation, Industry expert for extrusion and converting equipment, and Industry lab for its diverse sheet processing ability. Building on our developments with the a university partner, PolyCo is looking to scale from lab to pilot, navigating the remaining formulation development uncertainty over three distinct events between now and March 31, 2023.
Program
Industrial Research Assistance Program – Contributions to OrganizationsIndustrial Research Assistance Program-Contributions to Organizations (linked with high confidence)
Location
Edmonton|Edmonton, Alberta, Canada
Recipient Type
For-profit organization
Business Number
757971676
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
02022-10-162022-23$250,000.00
12022-10-162022-23$520,000.00
22022-10-162022-23$520,000.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 183 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 183 jours.
Agreement End Date
2024-09-30
Agreement Number
998041
Agreement Start Date
2022-10-16
Agreement Title
Processing of Luxury Vinyl Planks
Agreement Title (French)
Transformation des plaques de vinyle de luxe
Agreement Type
Contribution
Agreement Value
$520,000.00
Amendment Date
2024-03-26
Amendment Number
2
Coverage
IRAP Contributions to Organizations projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux organismes stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
PolyCo is partnering with industry experts in order to drive their prototype development forward, achieve a confidence milestone, and trigger the order of capital equipment over a three-stage plan in support of Canada's first environmentally friendly, Canadian-made flooring manufacturer. Three private partners will be leveraged based on their industry expertise: A large MNE for chemical formulation, Industry expert for extrusion and converting equipment, and Industry lab for its diverse sheet processing ability. Building on our developments with the a university partner, PolyCo is looking to scale from lab to pilot, navigating the remaining formulation development uncertainty over three distinct events between now and March 31, 2023.
Description (French)
PolyCo s’associe à des experts de l’industrie afin de faire avancer le développement de son prototype, d’atteindre une étape de confiance et de déclencher la commande de biens d’équipement dans le cadre d’un plan en trois étapes visant à soutenir le premier fabricant canadien de revêtements de sol écologiques et de fabrication canadienne. Trois partenaires privés seront mis à contribution en fonction de leur expertise industrielle : Une grande entreprise multinationale pour la formulation chimique, un expert industriel pour l’équipement d’extrusion et de transformation, et un laboratoire industriel pour ses diverses capacités de traitement des feuilles. En s’appuyant sur nos développements avec le partenaire universitaire, PolyCo cherche à passer du laboratoire au pilote, en naviguant dans l’incertitude restante du développement de la formulation au cours de trois évènements distincts entre maintenant et le 31 mars 2023.
Expected Results
The purpose of IRAP Contributions to Organizations is to support Organizations in building and integrating the innovation capacity in Canada for the benefit of Firms in Canada, primarily SMEs and to support Organizations in providing innovation assistance services to SMEs in Canada.
Expected Results (French)
Le PARI, par le biais des Contributions aux organismes, vise à soutenir les organismes en les aidant à construire et à intégrer leur capacité d’innovation au Canada au bénéfice des entreprises canadiennes, et plus particulièrement des PME et à aider les organismes à offrir des services d’aide à l’innovation aux PME au Canada.
Federal Riding
Edmonton--Wetaskiwin
Federal Riding (French)
Edmonton--Wetaskiwin
Federal Riding Number
48021
NAICS Code
238330
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Organizations
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux organismes
Program Purpose
The purpose of IRAP Contributions to Organizations is to support Organizations in building and integrating the innovation capacity in Canada for the benefit of Firms in Canada, primarily SMEs and to support Organizations in providing innovation assistance services to SMEs in Canada.
Program Purpose (French)
Le PARI, par le biais des Contributions aux organismes, vise à soutenir les organismes en les aidant à construire et à intégrer leur capacité d’innovation au Canada au bénéfice des entreprises canadiennes, et plus particulièrement des PME et à aider les organismes à offrir des services d’aide à l’innovation aux PME au Canada.
Recipient Business Number
757971676
Recipient City
Edmonton|Edmonton
Recipient Country
CA
Recipient Legal Name
Rangoli Surfaces Inc.
Recipient Operating Name
Polyco
Recipient Postal Code
T6X 0W8
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2022-2023-Q3-998041