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Manufacturing / Innovation
Development of a New Industrial Process
Confidential Manufacturer$1.16M Secured
$1.6M
Total Investment
$1.16M
Total Funding
$442K
Net Cost
Executive Summary
A Quebec manufacturing SME undertook the development of a proprietary production process to reduce waste and increase yield. The project involved technological uncertainty requiring rigorous scientific validation.
Strategic Objectives
Reduce waste rate by 25%
Increase yield by 15%
Industrialize an innovative process
Decrease unit cost by 12%
Investment Scope
Process R&D
$1.05M- Design
- DOE (Design of Experiments)
- Tooling prototyping
Pilot Cell
$400K- Test bench
- Sensor integration
- Data collection
Industrialization
$150K- Pilot production
- Quality qualification
- Operations transfer
Financial Structuring
How we optimized capital deployment.
Total Investment$1.6M
Net Effective: $442,000
SUBSIDIZED
$920,000
PARI / IRAP
80% salaries & 50% subcontractors.
$238,000
RS&DE / SR&ED
Tax credit on remaining balance.
Deployment Timeline
Months 1-6
Def. & Experimental
Months 5-10
Pilot Cell
Months 10-15
Pre-series
Months 15-18
Industrialization
Strategic Impact
Operational
- Waste reduced by 25%
- Unit cost -12%
- Yield +15%
Financial
- 72% of project funded
- Internal asset creation
Grant Approved
$180K
Grant Approved
$95K
Grant Approved
$42K
Grant Approved
$320K
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