quebec-engineering-201808
Project Description:
Amount Funded: $500,000
Amount Funded: $500K - $1M
Industry: Manufacturing
Province: Quebec
Type of Facility: SR&ED Financing
Days to Fund: 18
Use of Funds: After receiving contracts from European car manufacturers and electric car companies, there was a need to invest heavily in R&D and ensure its products are the best in the world. In the world of automobile manufacturing, any defect could lead to a costly recall. The SR&ED financing funds were used to invest heavily in R&D and fulfill the new contracts this great Canadian manufacturer signed.
Company Background: This company specializes in large-scale automotive sealing for convertible and panoramic roof systems – including moulding, flocking, testing, and packaging.
