Contribution: Industrial Research Assistance Program – Contributions to Firms
7 Fathoms Skin Care, Ltd.
$74,500.00
Development of Seaweed based Skincare Products.
EF 2024-25 · 2024-05-01
Résumé
To optimize the seaweed extraction and manufacturing process as well as expand product development and product market reach. This will be done by standardizing the extraction process in preparation for scaling; finalizing two to four new formulas that will be prepared for distribution, and building wholesale partnerships with independent and banner community retailers.
Ministère
Programme
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (lien de confiance élevée)
Bénéficiaire
Emplacement
Grates Cove|Grates Cove, Newfoundland and Labrador, Canada
Type de bénéficiaire
For-profit organization
Numéro d'entreprise
738128479
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Tel que publié
Agreement End Date
2025-03-17
Agreement Number
1018332
Agreement Start Date
2024-05-01
Agreement Title
Development of Seaweed based Skincare Products.
Agreement Title (French)
Développement de produits de soins à base d’algues.
Agreement Type
Contribution
Agreement Value
$74,500.00
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
To optimize the seaweed extraction and manufacturing process as well as expand product development and product market reach. This will be done by standardizing the extraction process in preparation for scaling; finalizing two to four new formulas that will be prepared for distribution, and building wholesale partnerships with independent and banner community retailers.
Description (French)
Optimiser le processus d’extraction et de fabrication des algues ainsi qu’élargir le développement des produits et leur portée sur le marché. Pour ce faire, il s’agira de normaliser le processus d’extraction en vue d’une mise à l’échelle, de finaliser deux à quatre nouvelles formules qui seront préparées pour la distribution, et d’établir des partenariats de vente en gros avec des détaillants indépendants et des détaillants de la communauté de la bannière.
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
Bonavista--Burin--Trinity
Federal Riding (French)
Bonavista--Burin--Trinity
Federal Riding Number
10002
NAICS Code
4461
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
738128479
Recipient City
Grates Cove|Grates Cove
Recipient Country
CA
Recipient Legal Name
7 Fathoms Skin Care, Ltd.
Recipient Operating Name
7 Fathoms
Recipient Postal Code
A0A 2L0
Recipient Province or Territory
NL
Recipient Type
F
Reference Number
172-2024-2025-Q1-1018332
