Contribution: Regional Economic Growth through Innovation
VMAC Global Technology Inc.
$3,163,210.00
PC0006964
FY 2023-24 · 2024-03-11
Summary
Scale up production of air braking system for commercial electric vehicles
Department
Program
Regional Economic Growth through Innovation
Recipient
Location
Nanaimo, British Columbia, Canada
Recipient Type
For-profit organization
Business Number
103479564
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2026-03-31
Agreement Number
PC0006964
Agreement Start Date
2024-03-11
Agreement Title
PC0006964
Agreement Title (French)
PC0006964
Agreement Type
Contribution
Agreement Value
$3,163,210.00
Amendment Number
0
Description
Scale up production of air braking system for commercial electric vehicles
Description (French)
Augmentation de la production d’un système de freinage pneumatique pour les véhicules électriques commerciaux
Expected Results
339 Expected results not defined
Expected Results (French)
339 Expected results not defined
Federal Riding
Nanaimo-Ladysmith
Federal Riding (French)
Nanaimo-Ladysmith
Federal Riding Number
18
NAICS Code
333910
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
103479564
Recipient City
Nanaimo
Recipient Country
CA
Recipient Legal Name
VMAC Global Technology Inc.
Recipient Operating Name
VMAC Global Technology Inc.
Recipient Postal Code
V9X 1R3
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
GC-WD-DEO-2023-2024-Q4-48
