Tag : Federal Funding

Canadian Fall Economic Update: Impact on Business Incentives

Canada’s recently-released Fall Economic Update offers many provisions that directly support business competitiveness and make it easier to invest. Most beneficial to manufacturers is the announcement that the full cost of machinery and equipment can be written off immediately. Businesses outside of the manufacturing industry will also benefit from a

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Strategic Innovation Fund: $7.2 Million for exactEarth

exactEarth is a Satellite Automatic Identification Systems (S-AIS) technology developer that collects and transmits global maritime vessel data. Since 2009, the Cambridge, Ontario-based company has been a top innovator of AIS vessel tracking systems and now captures significantly more data than any other space-based AIS system. With global customers ranging

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SD Tech Fund Awards $12M for Clean Magnesium Production Technology

Canadian companies are continuing to develop innovative products and processes to solve environmental challenges. Quebec-based Alliance Magnesium is one of these innovative companies and has recently been awarded clean technology grants for their environmentally friendly mining project. The company has created a clean magnesium technology in efforts to position itself

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What are Technology Readiness Levels (TRL)?

Businesses conducting product development and commercialization activities often refer to a nine-point Technical Readiness Level (TRL) scale. This scale helps categorize development stages which is helpful to define project scope, progress, timelines, and resource requirements.
The TRL scale is a critical project management tool that helps businesses keep track of activities

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