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Contribution: Industrial Research Assistance Program

Botaneco Inc.

$410,000.00

E!17680 - NCDS - Oleosomes as Novel Cosmetic Delivery Vehicles

FY 2023-24 · 2023-04-03

Summary
The international consortium project "Oleosomes as Novel Cosmetic Delivery Vehicles" will focus primarily on the use of oleosomes to encapsulate & deliver the following bioactives: 1. Vitamin A, in the form of retinol, for the purposes of wound healing & soothing of dry skin. 2. "Vitamin F", otherwise known as polyunsaturated fatty acids, for the purposes of skin cell generation and skin hydration. In the above proposed novel cosmetic deliverable product concepts, we would seek to harness Botaneco's expertise in selecting the optimum oleosome-loading condition and Sharon Labs' expertise in formulation development, including but not limited to preservation, to provide the consumer with a variety of natural personal care products.
Program
Industrial Research Assistance Program
Recipient
Location
Calgary|Calgary, Alberta, Canada
Recipient Type
For-profit organization
Business Number
838349447
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
02023-04-032023-24$500,000.00
12023-04-032023-24$500,000.00
32023-04-032023-24$500,000.00
42023-04-032023-24$410,000.00

As published

Additional Information
This agreement has been amended 1 time(s). The total amended value is -90,000 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La valeur totale des modifications est de - 90 000 dollars.
Agreement End Date
2026-03-31
Agreement Number
1007747
Agreement Start Date
2023-04-03
Agreement Title
E!17680 - NCDS - Oleosomes as Novel Cosmetic Delivery Vehicles
Agreement Title (French)
E!17680 — NCDS — Les oléosomes en tant que nouveaux véhicules d’administration de produits cosmétiques
Agreement Type
Contribution
Agreement Value
$410,000.00
Amendment Date
2026-03-31
Amendment Number
4
Coverage
Industrial Research Assistance Program projects stimulate wealth creation for Canada through technological innovation and strengthen Canadian innovation ecosystem by creating new industrial capacity. | Les projets du Programme d'aide à la recherche industrielle favorisent la création de richesse au Canada grâce à l'innovation technologique et renforcent l'écosystème canadien de l'innovation en créant de nouvelles capacités industrielles.
Description
The international consortium project "Oleosomes as Novel Cosmetic Delivery Vehicles" will focus primarily on the use of oleosomes to encapsulate & deliver the following bioactives: 1. Vitamin A, in the form of retinol, for the purposes of wound healing & soothing of dry skin. 2. "Vitamin F", otherwise known as polyunsaturated fatty acids, for the purposes of skin cell generation and skin hydration. In the above proposed novel cosmetic deliverable product concepts, we would seek to harness Botaneco's expertise in selecting the optimum oleosome-loading condition and Sharon Labs' expertise in formulation development, including but not limited to preservation, to provide the consumer with a variety of natural personal care products.
Description (French)
Le projet du consortium international Oleosomes as Novel Cosmetic Delivery Vehicles se concentrera principalement sur l’utilisation des oléosomes pour encapsuler et délivrer les bioactifs suivants : 1. Vitamine A, sous forme de rétinol, pour la cicatrisation des plaies et l’apaisement de la peau sèche. 2. Vitamine F, également connue sous le nom d’acides gras polyinsaturés, pour la production de cellules cutanées et l’hydratation de la peau. Dans les nouveaux concepts de produits cosmétiques livrables proposés ci-dessus, nous chercherions à exploiter l’expertise de Botaneco dans la sélection des conditions optimales de chargement des oléosomes et l’expertise de Sharon Labs dans le développement de la formulation, y compris mais non limité à la conservation, pour fournir au consommateur une variété de produits de soins personnels naturels.
Expected Results
The expected results and outcomes of NRC Industrial Research Assistance Program is focused on growing small and medium-sized enterprises (SMEs) through innovation and wealth creation for Canada.
Expected Results (French)
Les résultats attendus du Programme d’aide à la recherche industrielle du CNRC sont axés sur la croissance des petites et moyennes entreprises (PME) grâce à l’innovation et à la création de richesse pour le Canada.
Federal Riding
Calgary Forest Lawn
Federal Riding (French)
Calgary Forest Lawn
Federal Riding Number
48006
NAICS Code
541710
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program
Program Name (French)
Programme d’aide à la recherche industrielle
Program Purpose
The purpose of Industrial Research Assistance Program Contributions to Firms is to provide support that assists small and medium-sized enterprises (SMEs) to advance their innovation knowledge and ability to innovate, grow through innovation and stimulate wealth creation for Canada.
Program Purpose (French)
Les contributions versées aux entreprises en vertu du Programme d’aide à la recherche industrielle ont pour objectif d’apporter un soutien aux petites et moyennes entreprises (PME) afin qu’elles puissent approfondir leurs connaissances en matière d’innovation et renforcer leur capacité d’innovation, de croissance et de création de richesse pour le Canada.
Recipient Business Number
838349447
Recipient City
Calgary|Calgary
Recipient Country
CA
Recipient Legal Name
Botaneco Inc.
Recipient Postal Code
T1Y 7L3
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2023-2024-Q2-1007747