Contribution: Industrial Research Assistance Program – Contributions to Firms
Spring Loaded Technology Incorporated
$466,862.00
Development of the Next Generation of Knee Extension Assist Braces
FY 2021-22 · 2021-11-01
Summary
With IRAP support, the firm has developed and commercialized a special knee brace, branded "Levitation 2 Tri-Compartment Unloader". This project responds to systematic feedback gathered from current customers, health care providers and clinical partners/advisors that identified product-related barriers to the full potential commercial success of the Levitation 2 Tri-Compartment Unloader knee brace within different customer segments. These barriers will be overcome through research and development effort, leading to the development of four market-ready products as project objectives, which in turn will support significant commercial growth. Related technical activities will require additional technical personnel, advance the field of knee extension assist (KEA) bracing and develop in-house technical expertise that can be applied to other innovations.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Dartmouth|Dartmouth, Nova Scotia, Canada
Recipient Type
For-profit organization
Business Number
834735847
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2023-10-31
Agreement Number
982356
Agreement Start Date
2021-11-01
Agreement Title
Development of the Next Generation of Knee Extension Assist Braces
Agreement Title (French)
Développement de la prochaine génération d'orthèses d'assistance à l'extension du genou
Agreement Type
Contribution
Agreement Value
$466,862.00
Amendment Number
0
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
With IRAP support, the firm has developed and commercialized a special knee brace, branded "Levitation 2 Tri-Compartment Unloader". This project responds to systematic feedback gathered from current customers, health care providers and clinical partners/advisors that identified product-related barriers to the full potential commercial success of the Levitation 2 Tri-Compartment Unloader knee brace within different customer segments. These barriers will be overcome through research and development effort, leading to the development of four market-ready products as project objectives, which in turn will support significant commercial growth. Related technical activities will require additional technical personnel, advance the field of knee extension assist (KEA) bracing and develop in-house technical expertise that can be applied to other innovations.
Description (French)
Avec l'aide du PARI, l'entreprise a mis au point et commercialisé une attelle de genou spéciale, baptisée « Levitation 2 Tri-Compartment Unloader ». Ce projet répond aux commentaires systématiques recueillis auprès des clients actuels, des fournisseurs de soins de santé et des partenaires/conseillers cliniques, lesquels ont déterminé les obstacles liés au produit qui empêchent la réussite commerciale potentielle de l'attelle de genou Levitation 2 Tri-Compartment Unloader dans différents segments de clientèle. Ces obstacles seront surmontés grâce à des efforts de recherche et de développement, menant au développement de quatre produits prêts à être commercialisés comme objectifs du projet, qui à leur tour soutiendront une croissance commerciale importante. Les activités techniques connexes nécessiteront du personnel technique supplémentaire, feront progresser le domaine de l'orthèse d'extension du genou (KEA) et permettront de développer une expertise technique interne qui pourra être appliquée à d'autres innovations.
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
Dartmouth--Cole Harbour
Federal Riding (French)
Dartmouth--Cole Harbour
Federal Riding Number
12004
NAICS Code
334512
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
834735847
Recipient City
Dartmouth|Dartmouth
Recipient Country
CA
Recipient Legal Name
Spring Loaded Technology Incorporated
Recipient Postal Code
B3B 1T2
Recipient Province or Territory
NS
Recipient Type
F
Reference Number
172-2021-2022-Q4-982356
