Grants and Contributions
About this information
In June 2016, as part of the Open Government Action Plan, the Treasury Board of Canada Secretariat (TBS) committed to increasing the transparency and usefulness of grants and contribution data and subsequently launched the Guidelines on the Reporting of Grants and Contributions Awards, effective April 1, 2018.
The rules and principles governing government grants and contributions are outlined in the Treasury Board Policy on Transfer Payments. Transfer payments are transfers of money, goods, services or assets made from an appropriation to individuals, organizations or other levels of government, without the federal government directly receiving goods or services in return, but which may require the recipient to provide a report or other information subsequent to receiving payment. These expenditures are reported in the Public Accounts of Canada. The major types of transfer payments are grants, contributions and \'other transfer payments\'.
Included in this category, but not to be reported under proactive disclosure of awards, are (1) transfers to other levels of government such as Equalization payments as well as Canada Health and Social Transfer payments. (2) Grants and contributions reallocated or otherwise redistributed by the recipient to third parties; and (3) information that would normally be withheld under the Access to Information Act and the Privacy Act.
$125,000.00
Apr 2, 2018
For-profit organization
Xaedra Phase 2
905541
Lumiant is developing Xaedra, a high-performance computing system that uses artificial intelligence (AI) to predict materials properties from atomic structure data, and has a simple to use user interface so users can search for new materials based on properties required in an application. Traditional approaches to materials discovery involves repeated trial-and-error with uncertain outcomes. Researches using Xaedra can rapidly identify high probability candidate materials the worked on in the lab. Starting with pure inorganic crystal structures and moving to alloys and other widely used materials, Lumiant aims develop a platform that transforms materials discovery and solves industry's need for 'faster, better, cheaper' materials.