Contribution: Business Scale-up and Productivity (BSUP)
L Squared Networks Inc.
$1,750,000.00
1002575
FY 2022-23 · 2022-07-06
Summary
To accelerate sales growth in North America markets and conduct late-stage technological development upgrades to its IoT cloud-based enterprise communications platform, the L Squared Hub.
Program
Business Scale-up and Productivity (BSUP)
Recipient
Location
TORONTO, Ontario, Canada
Recipient Type
For-profit organization
Business Number
849991989
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2024-06-30
Agreement Number
1002575
Agreement Start Date
2022-07-06
Agreement Title
1002575
Agreement Title (French)
1002575
Agreement Type
Contribution
Agreement Value
$1,750,000.00
Amendment Number
0
Coverage
To achieve one or more of the following departmental results, i) Businesses in southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in southern Ontario are innovative and growing; and iii) Communities are economically diversified in southern Ontario. | Atteindre un ou plusieurs des résultats ministériels suivants : i) les entreprises du Sud de l'Ontario investissent dans le développement et la commercialisation de technologies novatrices; ii) les entreprises du Sud de l'Ontario sont novatrices et en croissance; iii) les collectivités du Sud de l'Ontario sont diversifiées sur le plan économique.
Description
To accelerate sales growth in North America markets and conduct late-stage technological development upgrades to its IoT cloud-based enterprise communications platform, the L Squared Hub.
Description (French)
Accélérer la croissance des ventes sur les marchés nord-américains et procéder à des mises à niveau technologiques de dernière minute de sa plate-forme de communication d’entreprise IdO basée sur le nuage, le L Squared Hub.
Expected Results
To achieve one or more of the following departmental results, i) Businesses in southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in southern Ontario are innovative and growing; and iii) Communities are economically diversified in southern Ontario.
Expected Results (French)
Atteindre un ou plusieurs des résultats ministériels suivants : i) les entreprises du Sud de l'Ontario investissent dans le développement et la commercialisation de technologies novatrices; ii) les entreprises du Sud de l'Ontario sont novatrices et en croissance; iii) les collectivités du Sud de l'Ontario sont diversifiées sur le plan économique.
Federal Riding
Willowdale
Federal Riding (French)
Willowdale
Federal Riding Number
35115
NAICS Code
5112
Organization Code
feddevontario
Organization
Federal Economic Development Agency for Southern Ontario | Agence fédérale de développement économique pour le Sud de l'Ontario
Program Name
Business Scale-up and Productivity (BSUP)
Program Name (French)
Accroissement d'échelle et productivité des entreprises (AÉPE)
Program Purpose
To accelerate the growth of firms and assist with the adoption and adaptation of new, innovative technologies that support scale-up, productivity, development of and entry into new markets to help companies become globally competitive.
Program Purpose (French)
Accélérer la croissance des entreprises et favoriser l'adoption et l'adaptation de technologies novatrices qui favorisent l'expansion, la productivité, le développement et l'entrée sur de nouveaux marchés pour aider les entreprises à devenir concurrentielles à l'échelle mondiale.
Recipient Business Number
849991989
Recipient City
TORONTO
Recipient Country
CA
Recipient Legal Name
L Squared Networks Inc.
Recipient Operating Name
L Squared Digital Signage
Recipient Postal Code
M2J 4Z2
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
062-2022-2023-Q4-00345
