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Contribution: Industrial Research Assistance Program – Youth Employment Program

InnovaTools Inc.

$30,000.00

Youth Mechanical Engineer

FY 2024-25 · 2024-06-03

Summary
The recent college graduate is hired as a Mechanical Engineering Technologist to help with product development for firm's bending brake product line along with helping with the production/efficiency on the manufacturing side.
Program
Industrial Research Assistance Program – Youth Employment Program
Location
Vars|Vars, Ontario, Canada
Recipient Type
For-profit organization
Business Number
819389586
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
02024-06-032024-25$30,000.00
12024-06-032024-25$30,000.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 42 days. Orléans 35076
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 42 jours. Orléans 35076
Agreement End Date
2025-02-28
Agreement Number
1019400
Agreement Start Date
2024-06-03
Agreement Title
Youth Mechanical Engineer
Agreement Title (French)
PEJ : Ingénieur en mécanique
Agreement Type
Contribution
Agreement Value
$30,000.00
Amendment Date
2025-01-09
Amendment Number
1
Coverage
IRAP Youth Employment Program projects stimulate wealth creation for Canada through technological innovation. | Les projets du Programme Emploi-jeunesse du PARI stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
The recent college graduate is hired as a Mechanical Engineering Technologist to help with product development for firm's bending brake product line along with helping with the production/efficiency on the manufacturing side.
Description (French)
La personne récemment diplômée de l’université est embauchée en tant que technologue en génie mécanique pour participer au développement de la gamme de produits de freinage par flexion de l’entreprise et pour contribuer à la production et à l’efficacité du côté de la fabrication.
Expected Results
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Expected Results (French)
Le Programme Emploi-jeunesse du PARI contribue à accroître le bassin de personnes hautement qualifiées, fait la promotion des études supérieures, démontre le leadership fédéral grâce aux investissements effectués dans l’acquisition des compétences requises pour répondre aux besoins de l’économie du savoir et facilite la transition des jeunes hautement qualifiés vers un marché du travail en évolution rapide.
Federal Riding
Glengarry--Prescott--Russell
Federal Riding (French)
Glengarry--Prescott--Russell
Federal Riding Number
35031
NAICS Code
332210
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Youth Employment Program
Program Name (French)
Programme d’aide à la recherche industrielle – Programme emploi jeunesse
Program Purpose
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Program Purpose (French)
Le Programme Emploi-jeunesse du PARI contribue à accroître le bassin de personnes hautement qualifiées, fait la promotion des études supérieures, démontre le leadership fédéral grâce aux investissements effectués dans l’acquisition des compétences requises pour répondre aux besoins de l’économie du savoir et facilite la transition des jeunes hautement qualifiés vers un marché du travail en évolution rapide.
Recipient Business Number
819389586
Recipient City
Vars|Vars
Recipient Country
CA
Recipient Legal Name
InnovaTools Inc.
Recipient Operating Name
Innovatools Inc
Recipient Postal Code
K0A 3H0
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2024-2025-Q1-1019400
InnovaTools Inc. - $30,000 Contribution (2024-25) | Canada Spends