Formula Solutions Inc.: federal grants and contributions

Updated 12 October 2026 · Burlington, ON · grants and contributions register · Nipissing—Timiskaming

Formula Solutions Inc.: federal grants and contributions: 3 agreements; $5.2M value; 2 departments; 3 programs.

Assay record ASY-CA-1COA9O91JA · Cite as: Assay Systems, “Formula Solutions Inc.: federal grants and contributions”, https://assay-systems.com/register/ca/grants/r/formula-solutions-inc/

$
3agreements
$5.2Mvalue
2departments
3programs

Largest agreements

815400$3.1Mvalue2019start2022end

Develop innovative composite material manufacturing system to produce commercial aircraft components for the global market.

1014414$1.7Mvalue2023start2024end

To accelerate the commercialization of Formula Solutions Inc.'s innovative jet engine cascade manufacturing process.

Development of Superior Composite Materials for Aerospace Applications$386Kvalue2023start2025end

Our goal is to create a new composite system that has superior properties and that is compatible with our unique manufacturing process. This will enable us to develop new and innovative aerospace products that can be manufactured at a lower cost.

Departments

Federal Economic Development Agency for Southern Ontario2agreements$4.8Mvalue2programs
  • Business Scale-Up
  • Business Scale-up and Productivity (BSUP)

All grants from Federal Economic Development Agency for Southern Ontario

National Research Council Canada1agreements$386Kvalue1programs
  • Industrial Research Assistance Program – Contributions to Firms

All grants from National Research Council Canada

Years

20232agreements$2.1Mvalue2programs
  • Business Scale-up and Productivity (BSUP)
  • Industrial Research Assistance Program – Contributions to Firms
20191agreements$3.1Mvalue1programs
  • Business Scale-Up

Contains information licensed under the Open Government Licence – Canada. Source: Government of Canada proactive disclosure of grants and contributions (open.canada.ca, dataset 432527ab-7aac-45b5-81d6-7597107a7013), 1,327,352 rows as published, collapsed to one agreement per agreement number (per reference number where none is given) at its latest amendment, which carries the full agreement value. Years are the agreement start year. Agreements with individuals are counted but not named.