Recipient
Outdoor-Fit Exercise Systems Inc.Department
National Research Council CanadaAmount
$75.0K
Province
NSType
Contribution
Agreement Number
172-2024-2025-Q1-1019427
Purpose
Outdoor-Fit Exercise Systems aims to expand its R&D for innovative outdoor fitness products, targeting parks & recreation, its largest potential market. Despite being a leading manufacturer in the correctional sector, Outdoor-Fit faces stiff competition from larger companies in the parks space. To grow, it plans to diversify its product range and innovate. This expansion requires hiring a full-time engineer and consulting with engineering firms, entailing significant costs. Without funding, ambitious 2024 R&D projects may have to be scaled back. The goal is to make Outdoor-Fit's new offerings market-ready and commercially viable, ensuring continued growth in the highly competitive outdoor fitness equipment market.
Outdoor-Fit Exercise Systems Inc. × National Research Council Canada
7 grants totalling $319.8K
Industrial Research Assistance Program – Contributions to Firms
1,000 grants totalling $112.4M
Related Grants
| Recipient | Amount | Program |
|---|---|---|
| Providence Therapeutics Holdings Inc. | $10.0M | Industrial Research Assistance Program –... |
| Entos Pharmaceuticals Inc. | $10.0M | Industrial Research Assistance Program –... |
| Entos Pharmaceuticals Inc. | $10.0M | Industrial Research Assistance Program –... |
| Laurent Pharmaceuticals Inc. | $10.0M | Industrial Research Assistance Program –... |
| Laurent Pharmaceuticals Inc. | $10.0M | Industrial Research Assistance Program –... |