Contribution: Industrial Research Assistance Program – Contributions to Organizations
Northern Centre for Advanced Technology Inc.
$85,000.00
NORCAT Regional Innovation Centre – Startup Capacity Building Program
FY 2018-19 · 2018-08-01
Summary
• The proposed project will focus on providing high potential startup clients with access to subject matter experts, industry leaders, tailored workshops, and other opportunities for knowledge transfer, with the goal being to build the internal capacity and business acumen of the startups so that they can take advantage of new opportunities, and commercialize their products. In addition to this, an Entrepreneurs-in-Residence (EIR) will also be made available to high potential clients, with a specific focus on raising capital to scale. Startups and SMEs will be able to access the EIRs over the course of project.
• To this end the NORCAT Innovation Mill commits to hosting and/or facilitate eight to ten (8 to 10) workshops, P2P roundtables, speaking events and/or conferences. All aimed at providing support, insight, and knowledge sharing to our entrepreneurial and SME clients to help them grow and scale their venture. As well, the EIRs will work with eight (8) or more ventures, providing advice and guidance as they look to raise capital to scale their venture.
• Rationale – the NORCAT Innovation Mill’s client portfolio has matured, and now requires more tactical, nuanced, and expert level workshops and supports. This project will directly support these top clients, helping them access the knowledge, and develop the skills they need to scale their ventures, ultimately resulting in the commercialization of their IP, creating jobs, and generating wealth for our region and Canada more broadly.
Department
Program
Industrial Research Assistance Program – Contributions to OrganizationsIndustrial Research Assistance Program-Contributions to Organizations (linked with high confidence)
Location
Sudbury|Sudbury, Ontario, Canada
Recipient Type
Not-for-profit organization or charity
Business Number
897575866
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 | 2018-08-01 | 2018-19 | $85,000.00 |
| 1 | 2018-08-01 | 2018-19 | $85,000.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 31 days. The total amendment value is 85,000 dollars.
Additional Information (French)
La date de fin du présent accord a été changé de 31 jours. Cet accord a été modifié 1 fois ou la valeur totale des modifications est de 85 000 dollars.
Agreement End Date
2019-04-30
Agreement Number
912155
Agreement Start Date
2018-08-01
Agreement Title
NORCAT Regional Innovation Centre – Startup Capacity Building Program
Agreement Title (French)
Centre régional d'innovation NORCAT - Programme de renforcement des capacités de démarrage
Agreement Type
Contribution
Agreement Value
$85,000.00
Amendment Date
2019-02-28
Amendment Number
1
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
• The proposed project will focus on providing high potential startup clients with access to subject matter experts, industry leaders, tailored workshops, and other opportunities for knowledge transfer, with the goal being to build the internal capacity and business acumen of the startups so that they can take advantage of new opportunities, and commercialize their products. In addition to this, an Entrepreneurs-in-Residence (EIR) will also be made available to high potential clients, with a specific focus on raising capital to scale. Startups and SMEs will be able to access the EIRs over the course of project.
• To this end the NORCAT Innovation Mill commits to hosting and/or facilitate eight to ten (8 to 10) workshops, P2P roundtables, speaking events and/or conferences. All aimed at providing support, insight, and knowledge sharing to our entrepreneurial and SME clients to help them grow and scale their venture. As well, the EIRs will work with eight (8) or more ventures, providing advice and guidance as they look to raise capital to scale their venture.
• Rationale – the NORCAT Innovation Mill’s client portfolio has matured, and now requires more tactical, nuanced, and expert level workshops and supports. This project will directly support these top clients, helping them access the knowledge, and develop the skills they need to scale their ventures, ultimately resulting in the commercialization of their IP, creating jobs, and generating wealth for our region and Canada more broadly.
Description (French)
• Le projet proposé se concentrera sur l’accès à des clients en démarrage à fort potentiel avec des experts, des leaders de l’industrie, des ateliers sur mesure et d’autres opportunités de transfert de connaissances, dans le but de renforcer la capacité interne et le sens des affaires des entreprises en démarrage peut tirer parti de nouvelles opportunités et commercialiser ses produits. De plus, un entrepreneur en résidence « Entrepreneurs-in-Residence (EIR) » sera également mis à la disposition de clients à fort potentiel, en mettant l'accent sur la mobilisation de capitaux à grande échelle. Les entreprises en démarrage et les PME pourront accéder aux EIR au cours du projet. • À cette fin, le NORCAT Innovation Mill s'engage à accueillir et / ou à faciliter huit à dix (8 à 10) ateliers, tables rondes, discours et conférences. Tous ont pour but de fournir un soutien, une connaissance approfondie et un partage des connaissances à nos clients d’entreprises et de PME afin de les aider à se développer et à élargir leur entreprise. De plus, les EIR travailleront avec huit (8) entreprises ou plus, fournissant des conseils et des orientations dans la recherche de capitaux pour développer leur entreprise. • Justification: le portefeuille de clients de NORCAT Innovation Mill a mûri et nécessite désormais des ateliers et des supports plus tactiques, plus nuancés et de niveau expert. Ce projet appuiera directement ces meilleurs clients, les aidant à accéder aux connaissances et à développer les compétences dont ils ont besoin pour développer leurs entreprises, aboutissant à la commercialisation de leur propriété intellectuelle, créant des emplois et générant plus de richesse pour notre région et le Canada.
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
Sudbury
Federal Riding (French)
Sudbury
Federal Riding Number
35103
NAICS Code
541710
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
897575866
Recipient City
Sudbury|Sudbury
Recipient Country
CA
Recipient Legal Name
Northern Centre for Advanced Technology Inc.
Recipient Postal Code
P3A 4R7
Recipient Province or Territory
ON
Recipient Type
N
Reference Number
172-2018-2019-Q2-912155