Contribution: Business Scale-Up
1674571 Ontario Inc
$2,900,000.00
815647
FY 2019-20 · 2019-12-18
Summary
To improve productivity by implementation of an innovative Cube Injection Molding System (CIMS) technology and associated renovation of current facilities to expand their manufacturing space.
Program
Business Scale-Up
Recipient
Location
Oro Medonte, Ontario, Canada
Recipient Type
For-profit organization
Business Number
803428473
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2024-03-31
Agreement Number
815647
Agreement Start Date
2019-12-18
Agreement Title
815647
Agreement Title (French)
815647
Agreement Type
Contribution
Agreement Value
$2,900,000.00
Amendment Number
0
Coverage
To achieve one or more of the following departmental results, i) Businesses in southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in southern Ontario are innovative and growing; and iii) Communities are economically diversified in southern Ontario. | Atteindre un ou plusieurs des résultats ministériels suivants : i) les entreprises du Sud de l'Ontario investissent dans le développement et la commercialisation de technologies novatrices; ii) les entreprises du Sud de l'Ontario sont novatrices et en croissance; iii) les collectivités du Sud de l'Ontario sont diversifiées sur le plan économique.
Description
To improve productivity by implementation of an innovative Cube Injection Molding System (CIMS) technology and associated renovation of current facilities to expand their manufacturing space.
Description (French)
Améliorer la productivité par la mise en œuvre d’une technologie innovante de moulage par injection en cube (CIMS) et la rénovation associée des installations actuelles afin d’agrandir les espaces de fabrication.
Expected Results
To achieve one or more of the following departmental results, i) Businesses in southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in southern Ontario are innovative and growing; and iii) Communities are economically diversified in southern Ontario.
Expected Results (French)
Atteindre un ou plusieurs des résultats ministériels suivants : i) les entreprises du Sud de l'Ontario investissent dans le développement et la commercialisation de technologies novatrices; ii) les entreprises du Sud de l'Ontario sont novatrices et en croissance; iii) les collectivités du Sud de l'Ontario sont diversifiées sur le plan économique.
Federal Riding
Barrie-Springwater-Oro-Medonte
Federal Riding (French)
Barrie-Springwater-Oro-Medonte
Federal Riding Number
35005
NAICS Code
326193
Organization Code
feddevontario
Organization
Federal Economic Development Agency for Southern Ontario | Agence fédérale de développement économique pour le Sud de l'Ontario
Program Name
Business Scale-Up
Program Name (French)
Expansion des entreprises
Program Purpose
To accelerate the growth of firms and assist with the adoption and adaptation of new, innovative technologies that support scale-up, productivity, development of and entry into new markets to help companies become globally competitive.
Program Purpose (French)
Accélérer la croissance des entreprises et favoriser l'adoption et l'adaptation de technologies novatrices qui favorisent l'expansion, la productivité, le développement et l'entrée sur de nouveaux marchés pour aider les entreprises à devenir concurrentielles à l'échelle mondiale.
Recipient Business Number
803428473
Recipient City
Oro Medonte
Recipient Country
CA
Recipient Legal Name
1674571 Ontario Inc
Recipient Operating Name
Molded Precision Components
Recipient Postal Code
L0L 2L0
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
062-2020-2021-Q1-00436
