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Contribution: Industrial Research Assistance Program – Contributions to Firms

Convergence X Corporation

$45,000.00

Paddleboard Development

EF 2022-23 · 2022-08-01

Résumé
As environmental awareness increases many businesses are seeking to electrify various products. While the focus right now is on the automotive industry, water transport is another field of interest. Paddleboards specifically present a great market for electrification. This project seeks to tackle this growing market and deliver an easy-to-use/install product. Product components will include the battery, electric fin, thrust button, mounting hardware, and required cables. This project will deliver a working prototype and product documentation. The current market competition is low due to supply chain issues. A handful of products have been released in this growing market. The current targeted prototype completion is within a year.
Programme
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (lien de confiance élevée)
Emplacement
Arnprior|Arnprior, Ontario, Canada
Type de bénéficiaire
For-profit organization
Numéro d'entreprise
771658671
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

Tel que publié

Agreement End Date
2023-03-25
Agreement Number
994477
Agreement Start Date
2022-08-01
Agreement Title
Paddleboard Development
Agreement Title (French)
Mise au point de planches à pagaie
Agreement Type
Contribution
Agreement Value
$45,000.00
Amendment Number
0
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
As environmental awareness increases many businesses are seeking to electrify various products. While the focus right now is on the automotive industry, water transport is another field of interest. Paddleboards specifically present a great market for electrification. This project seeks to tackle this growing market and deliver an easy-to-use/install product. Product components will include the battery, electric fin, thrust button, mounting hardware, and required cables. This project will deliver a working prototype and product documentation. The current market competition is low due to supply chain issues. A handful of products have been released in this growing market. The current targeted prototype completion is within a year.
Description (French)
Avec la sensibilisation croissante à l'environnement, de nombreuses entreprises cherchent à électrifier divers produits. Si l'industrie automobile est actuellement au centre des préoccupations, le transport maritime est un autre domaine d'intérêt. Les planches à pagaie, en particulier, représentent un grand marché pour l'électrification. Ce projet vise à s'attaquer à ce marché en pleine croissance et à fournir un produit facile à utiliser et à installer. Les composants du produit comprendront la batterie, l'aileron électrique, le bouton de poussée, le matériel de montage et les câbles nécessaires. Ce projet fournira un prototype fonctionnel et une documentation sur le produit. La concurrence actuelle sur le marché est faible en raison de problèmes de chaîne d'approvisionnement. Quelques produits ont été lancés sur ce marché en pleine croissance. Le prototype devrait être terminé d'ici un an.
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
Renfrew--Nipissing--Pembroke
Federal Riding (French)
Renfrew--Nipissing--Pembroke
Federal Riding Number
35086
NAICS Code
54133
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
771658671
Recipient City
Arnprior|Arnprior
Recipient Country
CA
Recipient Legal Name
Convergence X Corporation
Recipient Postal Code
K7S 1K5
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2022-2023-Q2-994477