InnovaTools Inc.: federal grants and contributions

Updated 12 October 2026 · Vars|Vars, ON · grants and contributions register · Etobicoke North

InnovaTools Inc.: federal grants and contributions: 9 agreements; $1.2M value; 3 departments; 6 programs.

Assay record ASY-CA-0XBS8G218J · Cite as: Assay Systems, “InnovaTools Inc.: federal grants and contributions”, https://assay-systems.com/register/ca/grants/r/innovatools-inc/

$
9agreements
$1.2Mvalue
3departments
6programs

Largest agreements

1016931$415Kvalue2023start2026end

To expand production capacity and increase energy efficiency during production of its cutting-edge tools for the construction industry.

Automating InnovaTools production and streamlining overall manufacturing process.$330Kvalue2024start2026end

The goal of this project is to fully automate firm's two main production lines, along with redesigning the assembly stations making up the other smaller assemblies of firm's product catalog to increase production enough to expand sales overseas and at the worldwide level.

New Accessories Development$214Kvalue2026start2027end

InnovaTools Inc. is developing a suite of new sheet metal hand tools and brake accessories for professional contractors and tradespeople.

Development of key accessories and improvements for firm's Siding brake accessory line.$75.0Kvalue2022start2023end

Development of prototypes with in-house testing and in the field testing to complete product development of three siding brake accessories: a coil dispenser, a longitudinal slitter and an adjustable and portable saw table. These accessories will be manufactured and brought to market to complete the InnovaTools siding brake accessory line.

Digital Marketing Transformation for Siding brake product line$40.0Kvalue2021start2022end

Develop, implement and optimize a marketing strategy for InnovaTools Siding brake product line to bring brand and product awareness to increase revenues using digital marketing and different social medias platforms.

InnovaTools Inc.-2024-2025-1022286$31.0Kvalue2024start2025end

The purpose of this CanExport SMEs agreement is to support small- and medium-sized enterprises (SMEs) for activities related to export market development that are part of an export business case for a specific target market, particularly where activities are targeting departmental priority markets and sectors.

Youth Mechanical Engineer$30.0Kvalue2024start2025end

The recent college graduate is hired as a Mechanical Engineering Technologist to help with product development for firm's bending brake product line along with helping with the production/efficiency on the manufacturing side.

Marketing strategy and campaign$20.7Kvalue2020start2020end

The purpose of this project is to define marketing/branding strategy and plan to execute campaign for both the InnovaLife brand (PPE products) as well as for the InnovaTools brand (construction tools products) using social medias, conventional medias, proper web e-commerce presence and supporting marketing/branding materials.

FR-00795$7.6Kvalue2022start–end

Develop digital adoption plan

Departments

National Research Council Canada7agreements$740Kvalue4programs
  • Industrial Research Assistance Program
  • Industrial Research Assistance Program – Contributions to Firms
  • CanExport SME
  • Industrial Research Assistance Program – Youth Employment Program

All grants from National Research Council Canada

Federal Economic Development Agency for Southern Ontario1agreements$415Kvalue1programs
Innovation, Science and Economic Development Canada1agreements$7.6Kvalue1programs
  • Canadian Digital Adoption Program Boost your Business Technology Stream

All grants from Innovation, Science and Economic Development Canada

Years

20261agreements$214Kvalue1programs
  • Industrial Research Assistance Program
20243agreements$391Kvalue3programs
  • Industrial Research Assistance Program
  • CanExport SME
  • Industrial Research Assistance Program – Youth Employment Program
20231agreements$415Kvalue1programs
  • Business Scale-up and Productivity (BSUP)
20222agreements$82.6Kvalue2programs
  • Industrial Research Assistance Program – Contributions to Firms
  • Canadian Digital Adoption Program Boost your Business Technology Stream
20211agreements$40.0Kvalue1programs
  • Industrial Research Assistance Program – Contributions to Firms
20201agreements$20.7Kvalue1programs
  • Industrial Research Assistance Program – Contributions to Firms

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.