RE:RE:RE:RE:RE:RE:next announcement likely millions of ordersNot sure if TheeRook was refering to obligation to pay back or expectation of orders from the Cdn government. The $4.1Mill NGen Covid19 Grant money comes with certain obligations primarily:
BASIC PROJECT REQUIREMENTS Projects selected for funding will need to align with priorities defined by the Government of Canada. Companies should commit to at least one of the following:
• Canadian government procurement has first right of refusal on all products produced as a result of this funding program. Companies must prioritize sales to Canadian hospitals and meet those needs before sales outside of Canada can commence
• Companies should be willing to licence and/or share new IP for rapid scaleup of production with the Government of Canada and other companies that can manufacture the new technology.
I assume there are other commitments but this is clearly publically stated.
https://cdn2.hubspot.net/hubfs/5005023/Documents/COVIDResponse/NGenCOVID-19ResponseProjectGuide_EN_V1.2.pdf