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Explore our Budget 2026 analysis

Contribution: Regional Economic Growth through Innovation

Moment Energy Inc.

$4,986,050.00

PC0008206

FY 2024-25 · 2025-03-04

Summary
Expand production of battery energy storage systems based on repurposed EV batteries
Program
Regional Economic Growth through Innovation
Location
Coquitlam, British Columbia, Canada
Recipient Type
For-profit organization
Business Number
761032135
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Agreement End Date
2028-03-31
Agreement Number
PC0008206
Agreement Start Date
2025-03-04
Agreement Title
PC0008206
Agreement Title (French)
PC0008206
Agreement Type
Contribution
Agreement Value
$4,986,050.00
Amendment Number
0
Description
Expand production of battery energy storage systems based on repurposed EV batteries
Description (French)
Développer la production de systèmes de stockage d’énergie à batterie à partir de batteries de véhicules électriques recyclées
Expected Results
British Columbia Businesses are competitive and export their products/services
Expected Results (French)
Les entreprises de la Colombie-Britannique sont compétitives et exportent leurs produits et services
Federal Riding
Port Moody-Coquitlam
Federal Riding (French)
Port Moody-Coquitlam
Federal Riding Number
23
NAICS Code
335910
Organization Code
pacifican
Organization
Pacific Economic Development Canada | Développement économique Canada pour le Pacifique
Program Name
Regional Economic Growth through Innovation
Program Name (French)
Croissance économique régionale par l'innovation
Program Purpose
Provide streamlined, nationally consistent and yet regionally tailored support for business productivity and scale-up, particularly for small and medium-sized enterprises (SMEs) and women entrepreneurs and other underrepresented groups, and assist the enhancement of regional industrial and technology clusters and regional innovation ecosystems.
Program Purpose (French)
Fournir un soutien simplifié uniforme à l'échelle nationale mais adapté à l'échelle régionale pour la productivité et la croissance des entreprises, particulièrement au profit des petites et moyennes entreprises (PME) et des femmes entrepreneurs et autres groupes sous-représentés, et contribuer à l'amélioration des grappes industrielles et technologiques régionales et des écosystèmes d'innovation régionaux.
Recipient Business Number
761032135
Recipient City
Coquitlam
Recipient Country
CA
Recipient Legal Name
Moment Energy Inc.
Recipient Operating Name
Moment Energy
Recipient Postal Code
V3K 7B2
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
GC-WD-DEO-2024-2025-Q4-48
Moment Energy Inc. - $4,986,050 Contribution (2024-25) | Canada Spends