Contribution: Industrial Research Assistance Program – Contributions to Firms
Silk Way Services Inc.
$148,437.00
Hardware Platform Cost Reduction
FY 2024-25 · 2025-01-01
Summary
This project aims to significantly reduce the manufacturing cost of our advanced rumen bolus technology by redesigning its electronic components and selecting cost-effective alternatives. Additionally, we will optimize the bolus design for scalable production, enabling economies of scale and greater efficiency in larger orders. These improvements will enhance the affordability and accessibility of our solution, helping dairy and livestock farmers adopt cutting-edge health and productivity monitoring tools while ensuring sustainable growth for our business.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Markham|Markham, Ontario, Canada
Recipient Type
For-profit organization
Business Number
785299116
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 | 2025-01-01 | 2024-25 | $148,437.00 |
| 1 | 2025-01-01 | 2024-25 | $148,437.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 60 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 60 jours.
Agreement End Date
2025-08-31
Agreement Number
1027277
Agreement Start Date
2025-01-01
Agreement Title
Hardware Platform Cost Reduction
Agreement Title (French)
Réduction des coûts de la plateforme matérielle
Agreement Type
Contribution
Agreement Value
$148,437.00
Amendment Date
2025-09-05
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
This project aims to significantly reduce the manufacturing cost of our advanced rumen bolus technology by redesigning its electronic components and selecting cost-effective alternatives. Additionally, we will optimize the bolus design for scalable production, enabling economies of scale and greater efficiency in larger orders. These improvements will enhance the affordability and accessibility of our solution, helping dairy and livestock farmers adopt cutting-edge health and productivity monitoring tools while ensuring sustainable growth for our business.
Description (French)
Ce projet vise à réduire considérablement le coût de fabrication de notre technologie avancée de bolus ruminal en repensant ses composants électroniques et en sélectionnant des alternatives rentables. En outre, nous optimiserons la conception du bolus pour une production évolutive, permettant des économies d’échelle et une plus grande efficacité dans les commandes plus importantes. Ces améliorations rendront notre solution plus abordable et plus accessible, aidant ainsi les producteurs laitiers et les éleveurs à adopter des outils de pointe pour surveiller la santé et la productivité de leur bétail, tout en assurant une croissance durable de notre entreprise.
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
Markham--Thornhill
Federal Riding (French)
Markham--Thornhill
Federal Riding Number
35055
NAICS Code
511211
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
785299116
Recipient City
Markham|Markham
Recipient Country
CA
Recipient Legal Name
Silk Way Services Inc.
Recipient Operating Name
Cattle Scan
Recipient Postal Code
L3R 9Z7
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2024-2025-Q4-1027277
