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Other transfer or payment: SIF Stream2- Growth

STEMCELL Technologies Canada Inc.

$49,900,000.00

Project Bedrock

EF 2024-25 · 2025-03-07

Résumé
These two biomanufacturing Good Manufacturing Practices (GMP) facilities will be established to enable the production of essential Messenger Ribonucleic Acid (mRNA) vaccines, viral diagnostics and antibody therapeutic inputs at a large scale of up to 5000 litres per batch.
Programme
SIF Stream2- Growth
Emplacement
Vancouver, British Columbia, Canada
Type de bénéficiaire
For-profit organization
Numéro d'entreprise
135714426
Type
Other transfer or payment
Source
Proactive Disclosure - Grants and Contributions

Tel que publié

Additional Information
This is a partially unconditionally repayable contribution.
Additional Information (French)
Il s’agit d’une contribution partiellement et inconditionnellement remboursable.
Agreement End Date
2050-07-01
Agreement Number
819532
Agreement Start Date
2025-03-07
Agreement Title
Project Bedrock
Agreement Title (French)
Project Bedrock
Agreement Type
Other transfer payment
Agreement Value
$49,900,000.00
Amendment Number
0
Description
These two biomanufacturing Good Manufacturing Practices (GMP) facilities will be established to enable the production of essential Messenger Ribonucleic Acid (mRNA) vaccines, viral diagnostics and antibody therapeutic inputs at a large scale of up to 5000 litres per batch.
Description (French)
Ces deux installations de bioproduction conformes aux bonnes pratiques de fabrication (BPF) seront établies afin de permettre la production à grande échelle de vaccins essentiels à acide ribonucléique messager (ARNm), de diagnostics viraux et d’intrants thérapeutiques à base d’anticorps, avec une capacité allant jusqu'à 5000 litres par lot.
Expected Results
This investment will help strengthen Canada's biomanufacturing industrial base, bolster participation in global supply chains and reinforce pandemic readiness by allowing the company to scale up their current operations to support commercial production.
Expected Results (French)
Cet investissement contribuera à renforcer la base industrielle de la bioproduction au Canada, à accroître la participation aux chaînes d’approvisionnement mondiales et à améliorer la préparation aux pandémies en permettant à l’entreprise d’intensifier ses opérations actuelles pour soutenir la production commerciale.
Federal Riding
Vancouver East
Federal Riding (French)
Vancouver-Est
Federal Riding Number
59035
NAICS Code
339990
Organization Code
ic
Organization
Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada
Program Name
SIF Stream2- Growth
Program Name (French)
FIS Volet 2- Croissance
Program Purpose
-Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
Program Purpose (French)
-favoriser les activités de R-D qui accéléreront le transfert de la technologie et la commercialisation de produits, de processus et de services novateurs ;-faciliter la croissance et l'expansion des entreprises au Canada ;-attirer et conserver des investissements de grande envergure au Canada ; et-faire progresser la recherche industrielle, le développement et la démonstration de technologies grâce à la collaboration entre les universitaires, les organisations à but non lucratif et le secteur privé.
Recipient Business Number
135714426
Recipient City
Vancouver
Recipient Country
CA
Recipient Legal Name
STEMCELL Technologies Canada Inc.
Recipient Operating Name
STEMCELL Technologies Canada Inc.
Recipient Postal Code
V6A1B6
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
033-2024-2025-Q4-819532