Contribution: Industrial Research Assistance Program – Contributions to Firms
Formula Solutions Inc.
$386,479.00
Development of Superior Composite Materials for Aerospace Applications
FY 2023-24 · 2023-05-01
Summary
Our goal is to create a new composite system that has superior properties and that is compatible with our unique manufacturing process. This will enable us to develop new and innovative aerospace products that can be manufactured at a lower cost.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Burlington|Burlington, Ontario, Canada
Recipient Type
For-profit organization
Business Number
764088712
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 | 2023-05-01 | 2023-24 | $386,479.00 |
| 1 | 2023-05-01 | 2023-24 | $386,479.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 121 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 121 jours.
Agreement End Date
2025-03-31
Agreement Number
1009010
Agreement Start Date
2023-05-01
Agreement Title
Development of Superior Composite Materials for Aerospace Applications
Agreement Title (French)
Développement de matériaux composites supérieurs pour des applications aérospatiales
Agreement Type
Contribution
Agreement Value
$386,479.00
Amendment Date
2024-11-13
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
Our goal is to create a new composite system that has superior properties and that is compatible with our unique manufacturing process. This will enable us to develop new and innovative aerospace products that can be manufactured at a lower cost.
Description (French)
Notre objectif est de créer un nouveau système composite aux propriétés supérieures et compatible avec notre processus de fabrication unique. Cela nous permettra de développer des produits aérospatiaux nouveaux et innovants qui pourront être fabriqués à moindre coût.
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
Oakville North--Burlington
Federal Riding (French)
Oakville-Nord--Burlington
Federal Riding Number
35073
NAICS Code
336410
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
764088712
Recipient City
Burlington|Burlington
Recipient Country
CA
Recipient Legal Name
Formula Solutions Inc.
Recipient Postal Code
L7L 6V1
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2023-2024-Q2-1009010
