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Contribution: Industrial Research Assistance Program – Contributions to Firms

Precision Microdynamics Inc.

$40,000.00

Business Model ReDux for Precision MicroDynamics Inc.

FY 2020-21 · 2020-11-16

Summary
This project is to help the firm make critical adjustments to their business model, conduct market validation, and customer discovery sessions in light of changing market conditions.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Victoria|Victoria, British Columbia, Canada
Recipient Type
For-profit organization
Business Number
137894861
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
02020-11-162020-21$30,000.00
12020-11-162020-21$40,000.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 43 days. The total amended value is 10,000 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 43 jours. La valeur totale des modifications est de 10 000 dollars.
Agreement End Date
2021-03-31
Agreement Number
958691
Agreement Start Date
2020-11-16
Agreement Title
Business Model ReDux for Precision MicroDynamics Inc.
Agreement Title (French)
Modèle commercial ReDux pour Precision MicroDynamics Inc.
Agreement Type
Contribution
Agreement Value
$40,000.00
Amendment Date
2021-03-08
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
This project is to help the firm make critical adjustments to their business model, conduct market validation, and customer discovery sessions in light of changing market conditions.
Description (French)
Ce projet vise à aider l'entreprise à apporter des ajustements essentiels à son modèle commercial, à procéder à une validation du marché et à organiser des séances de découverte de la clientèle à la lumière de l'évolution des conditions du marché.
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
Victoria
Federal Riding (French)
Victoria
Federal Riding Number
59041
NAICS Code
335315
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
137894861
Recipient City
Victoria|Victoria
Recipient Country
CA
Recipient Legal Name
Precision Microdynamics Inc.
Recipient Operating Name
PMDI
Recipient Postal Code
V8Z 1A1
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
172-2020-2021-Q3-958691