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HoldFastNL Seaweed Farm Inc.

Establishing Sustainable Seaweed Cultivation and Production Capacity in NL

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CAD 74,896.00

Reported federal agreement value. An agreement can cover several years; this is not the amount paid out.

Selected because the publisher reports recipient province NL; NL Ledger has not established the work, benefit or jurisdiction from this record; source fields are available below.

This is the whole reported commitment or notice value, not the amount paid or an NL allocation.

Agreement start
June 30, 2025
Program
Industrial Research Assistance Program
Record type
Federal grant or contribution

Receipt

agreement 172-2025-2026-Q2-1032732, amendment 1

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Source location evidence

Location review incomplete.

Reported address: country: CA; province: NL; city: St. John's|St. John's; postal code: A1E 3H2.

How counted: latest of 2 rows (department reports running totals). Start: 2025-06-30; end: 2027-01-29; reported: not stated. Amount: published value.

    Full source fields
    _id
    35940286
    ref_number
    172-2025-2026-Q2-1032732
    amendment_number
    1
    amendment_date
    2026-04-24
    agreement_type
    C
    recipient_type
    F
    recipient_business_number
    776450017
    recipient_legal_name
    HoldFastNL Seaweed Farm Inc.
    recipient_operating_name
    HoldFastNL
    research_organization_name
    recipient_country
    CA
    recipient_province
    NL
    recipient_city
    St. John's|St. John's
    recipient_postal_code
    A1E 3H2
    federal_riding_name_en
    St. John's South--Mount Pearl
    federal_riding_name_fr
    St. John's-Sud--Mount Pearl
    federal_riding_number
    10007
    prog_name_en
    Industrial Research Assistance Program
    prog_name_fr
    Programme d’aide à la recherche industrielle
    prog_purpose_en
    The purpose of Industrial Research Assistance Program Contributions to Firms is to provide support that assists small and medium-sized enterprises (SMEs) to advance their innovation knowledge and ability to innovate, grow through innovation and stimulate wealth creation for Canada.
    prog_purpose_fr
    Les contributions versées aux entreprises en vertu du Programme d’aide à la recherche industrielle ont pour objectif d’apporter un soutien aux petites et moyennes entreprises (PME) afin qu’elles puissent approfondir leurs connaissances en matière d’innovation et renforcer leur capacité d’innovation, de croissance et de création de richesse pour le Canada.
    agreement_title_en
    Establishing Sustainable Seaweed Cultivation and Production Capacity in NL
    agreement_title_fr
    Mettre en place une culture et une production durables d’algues en Nouvelle-Écosse
    agreement_number
    1032732
    agreement_value
    74896.0
    foreign_currency_type
    foreign_currency_value
    agreement_start_date
    2025-06-30
    agreement_end_date
    2027-01-29
    coverage
    Industrial Research Assistance Program projects stimulate wealth creation for Canada through technological innovation and strengthen Canadian innovation ecosystem by creating new industrial capacity. | Les projets du Programme d'aide à la recherche industrielle favorisent la création de richesse au Canada grâce à l'innovation technologique et renforcent l'écosystème canadien de l'innovation en créant de nouvelles capacités industrielles.
    description_en
    This project is designed to develop and validate a commercially viable seaweed-based biostimulant through: - growing and processing of the seaweed, - efficacy testing of the extracts in commercial and scientific applications, and - undertaking market research. The overall goals are to enable commercialization of a high-quality seaweed biostimulant sourced from Newfoundland and to establish a replicable business model that supports coastal economic development and environmental sustainability.
    description_fr
    Ce projet vise à développer et à valider un biostimulant à base d’algues commercialement viable grâce à : - la culture et la transformation des algues, - des tests d’efficacité des extraits dans des applications commerciales et scientifiques, et - la réalisation d’études de marché. Les objectifs généraux sont de permettre la commercialisation d’un biostimulant à base d’algues de haute qualité provenant de Terre-Neuve et d’établir un modèle commercial reproductible qui soutient le développement économique côtier et la durabilité environnementale.
    naics_identifier
    112510
    expected_results_en
    The expected results and outcomes of NRC Industrial Research Assistance Program is focused on growing small and medium-sized enterprises (SMEs) through innovation and wealth creation for Canada.
    expected_results_fr
    Les résultats attendus du Programme d’aide à la recherche industrielle du CNRC sont axés sur la croissance des petites et moyennes entreprises (PME) grâce à l’innovation et à la création de richesse pour le Canada.
    additional_information_en
    This agreement has been amended 1 time(s). The end date of this agreements has been modified by 277 days.
    additional_information_fr
    Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 277 jours.
    owner_org
    nrc-cnrc
    owner_org_title
    National Research Council Canada | Conseil national de recherches Canada

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