Contribution: Industrial Research Assistance Program – Contributions to Firms
ArtIC Photonics Inc.
$7,500.00
Valuation of Firm for the purpose of M&A
FY 2020-21 · 2020-04-20
Summary
This project is to provide an estimate of the fair market value of all of the shares considered together of Artic Photonics as of April 30th 2020 for the purpose of company M&A. The assessment will be based on an appropriate level of review by a professional business evaluator.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Ottawa|Ottawa, Ontario, Canada
Recipient Type
For-profit organization
Business Number
837888239
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2020-08-31
Agreement Number
952430
Agreement Start Date
2020-04-20
Agreement Title
Valuation of Firm for the purpose of M&A
Agreement Title (French)
Évaluation de l'entreprise aux fins de fusions et acquisitions
Agreement Type
Contribution
Agreement Value
$7,500.00
Amendment Number
0
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 is to provide an estimate of the fair market value of all of the shares considered together of Artic Photonics as of April 30th 2020 for the purpose of company M&A. The assessment will be based on an appropriate level of review by a professional business evaluator.
Description (French)
Ce projet vise à fournir une estimation de la juste valeur marchande de toutes les actions considérées ensemble d'Artic Photonics en date du 30 avril 2020 aux fins de fusions et acquisitions de sociétés. L'évaluation sera basée sur un niveau approprié d'examen par un évaluateur professionnel de l'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
Kanata--Carleton
Federal Riding (French)
Kanata--Carleton
Federal Riding Number
35041
NAICS Code
517919
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
837888239
Recipient City
Ottawa|Ottawa
Recipient Country
CA
Recipient Legal Name
ArtIC Photonics Inc.
Recipient Operating Name
ArtIC Photonics Inc
Recipient Postal Code
K2K 2A1
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2020-2021-Q2-952430
