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Friday, 08/17/2018 12:39:00 PM

Friday, August 17, 2018 12:39:00 PM

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$IDVV from the news: Under the Agri-Innovate program, the Canadian government contributes 50% of the funding for a project. The maximum project size is CA$20 million with the Canadian government contributing half of this amount. The project must be completed by 2023. There is no interest on the Canadian government funds. Payback starts one year after the project completion, with equal annual payments over the following five years.

The Canadian Agricultural Partnership focuses on these priority areas, which the Canadian OGGL project will accomplish in a spectacular way:

Commercialization of innovative technology with showcase sites in Ontario and other parts of Canada for demonstrations of the OGGL.
Manufacturing of prototype models of the OGGL designed specifically for Canada.
Marketing to a targeted user base in order to secure significant customers for market dominance.
Large-scale manufacturing and deployment of OGGLs to achieve economies of scale and increase productivity.
Creation of new domestic and export markets and improving competitiveness.
Environmental sustainability along with continued growth of value-added agriculture.
World-leading clean technology that includes precision cannabis agriculture under micro-licenses.
https://www.nasdaq.com/press-release/international-endeavors-corp-idvv-subsidiary-applies-for-funding-under-the-canadian-ca3-billion-20180807-00641

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