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Explore our Budget 2026 analysis

Contribution: Regional Economic Growth through Innovation

Novarc Technologies Inc.

$2,065,000.00

000022111

FY 2021-22 · 2022-02-18

Summary
Expand sales and marketing of spool welding robot to international markets
Program
Regional Economic Growth through Innovation
Location
North Vancouver, British Columbia, Canada
Recipient Type
For-profit organization
Business Number
827834243
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Agreement End Date
2025-04-01
Agreement Number
000022111
Agreement Start Date
2022-02-18
Agreement Title
000022111
Agreement Title (French)
000022111
Agreement Type
Contribution
Agreement Value
$2,065,000.00
Amendment Number
0
Description
Expand sales and marketing of spool welding robot to international markets
Description (French)
Accroître les ventes et la commercialisation du robot de soudage sur les marchés internationaux
Expected Results
Western Canadian businesses are competitive and export their products/services.
Expected Results (French)
Les entreprises de l'Ouest canadien sont concurrentielles et exportent leurs produits et services.
Federal Riding
North Vancouver
Federal Riding (French)
North Vancouver
Federal Riding Number
21
NAICS Code
333990
Organization Code
pacifican
Organization
Pacific Economic Development Canada | Développement économique Canada pour le Pacifique
Program Name
Regional Economic Growth through Innovation
Program Name (French)
Croissance économique régionale par l'innovation
Program Purpose
Provide streamlined, nationally consistent and yet regionally tailored support for business productivity and scale-up, particularly for small and medium-sized enterprises (SMEs) and women entrepreneurs and other underrepresented groups, and assist the enhancement of regional industrial and technology clusters and regional innovation ecosystems.
Program Purpose (French)
Fournir un soutien simplifié uniforme à l'échelle nationale mais adapté à l'échelle régionale pour la productivité et la croissance des entreprises, particulièrement au profit des petites et moyennes entreprises (PME) et des femmes entrepreneurs et autres groupes sous-représentés, et contribuer à l'amélioration des grappes industrielles et technologiques régionales et des écosystèmes d'innovation régionaux.
Recipient Business Number
827834243
Recipient City
North Vancouver
Recipient Country
CA
Recipient Legal Name
Novarc Technologies Inc.
Recipient Operating Name
Novarc Technologies Inc.
Recipient Postal Code
V7J 1J3
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
GC-WD-DEO-2021-2022-Q4-16