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Contribution: Industrial Research Assistance Program – Contributions to Firms

New School Foods Inc.

$247,872.00

Improve formulation based on commercial feedback & regulatory requirements

FY 2023-24 · 2023-04-01

Summary
New School Foods has created it’s first product - a plant-based fillet of salmon that looks, cooks, tastes and flakes like fish. The firm is ready to start external taste tests with professional chefs. The feedback from those chefs will help us improve our product as we prepare for our initial launch. We have also identified some regulatory restrictions on our ingredients that must be slightly modified in order to proceed with our commercial launch in the US. This project will help us reach our commercialization targets in 2024.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Toronto|Toronto, Ontario, Canada
Recipient Type
For-profit organization
Business Number
734675739
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
02023-04-012023-24$247,872.00
12023-04-012023-24$247,872.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 29 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 29 jours.
Agreement End Date
2023-09-29
Agreement Number
1004836
Agreement Start Date
2023-04-01
Agreement Title
Improve formulation based on commercial feedback & regulatory requirements
Agreement Title (French)
Améliorer la formulation en fonction du retour d’information commercial et des exigences réglementaires
Agreement Type
Contribution
Agreement Value
$247,872.00
Amendment Date
2023-08-09
Amendment Number
1
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
New School Foods has created it’s first product - a plant-based fillet of salmon that looks, cooks, tastes and flakes like fish. The firm is ready to start external taste tests with professional chefs. The feedback from those chefs will help us improve our product as we prepare for our initial launch. We have also identified some regulatory restrictions on our ingredients that must be slightly modified in order to proceed with our commercial launch in the US. This project will help us reach our commercialization targets in 2024.
Description (French)
New School Foods a créé son premier produit - un filet de saumon à base de plantes qui a l’aspect, la cuisson, le goût et se défait en flocons comme du poisson. L’entreprise est prête à lancer des tests de dégustation externes avec des chefs professionnels. Les commentaires de ces chefs nous aideront à améliorer notre produit alors que nous préparons notre premier lancement. Nous avons également constaté certaines restrictions réglementaires concernant nos ingrédients, qui doivent être légèrement modifiées afin de procéder à notre lancement commercial aux États-Unis. Ce projet nous aidera à atteindre nos objectifs de commercialisation en 2024.
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
Toronto Centre
Federal Riding (French)
Toronto-Centre
Federal Riding Number
35108
NAICS Code
31171
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
734675739
Recipient City
Toronto|Toronto
Recipient Country
CA
Recipient Legal Name
New School Foods Inc.
Recipient Operating Name
New School Foods
Recipient Postal Code
M5B 1W7
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2023-2024-Q1-1004836
New School Foods Inc. - $247,872 Contribution (2023-2… | Canada Spends