Contribution: SIF Stream3- Attraction
STEMCELL Technologies Canada Inc.
$22,500,000.00
Project Railway
FY 2017-18 · 2018-03-22
Summary
The project involves designing, building and operating a multiproduct Advanced Biologics Manufacturing Facility capable of manufacturing products such as cell culture media, cell separation products and ancillary reagents.
Program
SIF Stream3- Attraction
Recipient
Location
Vancouver, British Columbia, Canada
Recipient Type
For-profit organization
Business Number
135714426
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 | 2018-03-22 | 2017-18 | $22,500,000.00 |
| 1 | 2017-07-12 | 2017-18 | $22,500,000.00 |
| 2 | 2017-07-12 | 2017-18 | $22,500,000.00 |
| 3 | 2018-03-22 | 2017-18 | $22,500,000.00 |
As published
Additional Information
The amendment was completed to extend the agreement end date from October 31, 2041 to October 31, 2043.
Additional Information (French)
La modification visait à reporter la date de fin de l'entente du 31 octobre 2028 au 31 octobre 2040. Il s'agit d'une contribution remboursable.
Agreement End Date
2043-10-31
Agreement Number
810905
Agreement Start Date
2018-03-22
Agreement Title
Project Railway
Agreement Title (French)
Project Railway
Agreement Type
Contribution
Agreement Value
$22,500,000.00
Amendment Date
2022-01-16
Amendment Number
3
Description
The project involves designing, building and operating a multiproduct Advanced Biologics Manufacturing Facility capable of manufacturing products such as cell culture media, cell separation products and ancillary reagents.
Description (French)
Le projet comprend la conception, la construction et l'exploitation d'une installation de fabrication de produits biologiques avancés multiproduits capable de fabriquer des produits tels que des milieux de culture cellulaire, des produits de séparation cellulaire et des réactifs auxiliaires.
Expected Results
This project aims to contribute to the research, development and manufacturing of cell-based therapies and serve as a Canadian contract manufacturing organization for other life science companies. This project will create 675 new full time jobs.
Expected Results (French)
Ce projet vise à contribuer à la recherche, au développement et à la fabrication de thérapies cellulaires et à servir d'organisme de fabrication sous contrat canadien pour d'autres entreprises des sciences de la vie. De plus, l'entreprise élargira ses capacités en matière de produits, ce qui lui permettra de mieux desservir le secteur de l'énergie du Canada et de répondre à la demande du marché. Ce projet créera 675 nouveaux postes à temps plein.
Federal Riding
Vancouver Granville
Federal Riding (French)
Vancouver Granville
Federal Riding Number
59036
NAICS Code
325410
Organization Code
ic
Organization
Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada
Program Name
SIF Stream3- Attraction
Program Name (French)
FIS Volet3- Attraction
Program Purpose
-Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
Program Purpose (French)
-favoriser les activités de R-D qui accéléreront le transfert de la technologie et la commercialisation de produits, de processus et de services novateurs ;-faciliter la croissance et l'expansion des entreprises au Canada ;-attirer et conserver des investissements de grande envergure au Canada ; et-faire progresser la recherche industrielle, le développement et la démonstration de technologies grâce à la collaboration entre les universitaires, les organisations à but non lucratif et le secteur privé.
Recipient Business Number
135714426
Recipient City
Vancouver
Recipient Country
CA
Recipient Legal Name
STEMCELL Technologies Canada Inc.
Recipient Operating Name
STEMCELL Technologies Canada Inc.
Recipient Postal Code
V6A1B6
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
033-2017-2018-Q4-810905