Contribution: Regional Economic Growth through Innovation
Open Mind Developments Corporation
$5,000,000.00
000021036
FY 2021-22 · 2022-02-11
Summary
Expand sales and manufacturing capacity for biodegradable consumer product producer
Department
Program
Regional Economic Growth through Innovation
Recipient
Location
Kelowna, British Columbia, Canada
Recipient Type
For-profit organization
Business Number
851441816
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Additional Information
Cashflow change from 3616500 to 5000000
Additional Information (French)
Open Mind Developments Corporation is requesting an upward amendment of $1,383,500 to support expanded scale-up efforts of its compostable consumer products. The change will increase PacifiCan's cont
Agreement End Date
2025-03-31
Agreement Number
000021036
Agreement Start Date
2022-02-11
Agreement Title
000021036
Agreement Title (French)
000021036
Agreement Type
Contribution
Agreement Value
$5,000,000.00
Amendment Date
2022-12-30
Amendment Number
2
Description
Expand sales and manufacturing capacity for biodegradable consumer product producer
Description (French)
Augmenter les ventes et la capacité de production d'un fabricant de produits de consommation biodégradables
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
Kelowna-Lake Country
Federal Riding (French)
Kelowna-Lake Country
Federal Riding Number
14
NAICS Code
339990
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
851441816
Recipient City
Kelowna
Recipient Country
CA
Recipient Legal Name
Open Mind Developments Corporation
Recipient Operating Name
Pela Earth
Recipient Postal Code
V1Y 0C2
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
GC-WD-DEO-2022-2023-Q3-3
