Contribution: Industrial Research Assistance Program – Contributions to Firms
Phycus Biotechnologies Inc.
$101,200.00
Optimization of glycolic acid process
EF 2023-24 · 2023-08-01
Résumé
Phycus Biotechnologies an innovative chemical products company that develops chemical solutions for its customers that want more sustainable options and improved performance characteristics over conventional, petro-based chemical products. Our fermentation technology converts naturally derived feedstocks from sustainable woody biomass and sugarcane into cosmetic grade ingredients. At the heart of the platform is a patent pending microbe that produces glycolic acid. This project is intended to help Phycus optimize its process to reach commercial production.
Ministère
Programme
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (lien de confiance élevée)
Bénéficiaire
Emplacement
Richmond Hill|Richmond Hill, Ontario, Canada
Type de bénéficiaire
For-profit organization
Numéro d'entreprise
710261496
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Modifications
Chaque version de l'entente telle que publiée, de la plus ancienne à la plus récente, avec son total à cette version. Le montant ci-dessus est le plus récent.
| Modification | Date | Exercice financier | Total |
|---|---|---|---|
| 0 | 2023-08-01 | 2023-24 | $101,200.00 |
| 1 | 2023-08-01 | 2023-24 | $101,200.00 |
Tel que publié
Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 61 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 61 jours.
Agreement End Date
2024-04-30
Agreement Number
1008816
Agreement Start Date
2023-08-01
Agreement Title
Optimization of glycolic acid process
Agreement Title (French)
Optimisation du processus de production d’acide glycolique
Agreement Type
Contribution
Agreement Value
$101,200.00
Amendment Date
2024-02-14
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
Phycus Biotechnologies an innovative chemical products company that develops chemical solutions for its customers that want more sustainable options and improved performance characteristics over conventional, petro-based chemical products. Our fermentation technology converts naturally derived feedstocks from sustainable woody biomass and sugarcane into cosmetic grade ingredients. At the heart of the platform is a patent pending microbe that produces glycolic acid. This project is intended to help Phycus optimize its process to reach commercial production.
Description (French)
Phycus Biotechnologies est une entreprise innovante de produits chimiques qui développe des solutions chimiques pour ses clients qui souhaitent des options plus durables et des caractéristiques de performance améliorées par rapport aux produits chimiques conventionnels à base de pétrole. Notre technologie de fermentation convertit des matières premières naturelles issues de la biomasse ligneuse durable et de la canne à sucre en ingrédients de qualité cosmétique. Au cœur de la plateforme se trouve un microbe en instance de brevet qui produit de l’acide glycolique. Ce projet vise à aider Phycus à optimiser son processus pour atteindre la production commerciale.
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
Aurora--Oak Ridges--Richmond Hill
Federal Riding (French)
Aurora--Oak Ridges--Richmond Hill
Federal Riding Number
35003
NAICS Code
3259
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
710261496
Recipient City
Richmond Hill|Richmond Hill
Recipient Country
CA
Recipient Legal Name
Phycus Biotechnologies Inc.
Recipient Postal Code
L4S 1E6
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2023-2024-Q2-1008816
