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.

Found four records

$49,900.00

Aug 1, 2025

For-profit organization

Agreement:

ICAP 2025 – International Co-Innovation Action Plan

Agreement Number:

1033052

Duration: from Aug 1, 2025 to Feb 28, 2026
Description:

MICC Financial Inc. (o/a Woveo) is a community-focused lending as a service company looking for co-innovation partners seeking to serve credit-invisible but financially active entrepreneurs in the South African market.

Organization: National Research Council Canada
Program Name: Industrial Research Assistance Program – Contributions to Firms
Location: Calgary, Alberta, CA T2P 1B4

$116,000.00

Aug 1, 2025

For-profit organization

Agreement:

SMB Loan Application Process with Multiagent AI

Agreement Number:

1033443

Duration: from Aug 1, 2025 to Apr 30, 2026
Description:

Woveo is a Lending-as-a-Service platform enhancing credit access for underserved small businesses through social collateral and AI-driven cash flow insights. This project will enhance their workflow and risk model using Agentic AI.

Organization: National Research Council Canada
Program Name: Industrial Research Assistance Program – Contributions to Firms
Location: Calgary, Alberta, CA T2P 1B4

$125,000.00

Aug 1, 2023

For-profit organization

Agreement:

Innovative Credit Score

Agreement Number:

1008569

Duration: from Aug 1, 2023 to Jul 31, 2024
Description:

An innovative credit scoring model that leverages community savings and loan transactions. This credit scoring model can potentially revolutionize the way lenders assess creditworthiness in community banking by expanding access to credit for individuals who may have been previously excluded from traditional banking services.

Organization: National Research Council Canada
Program Name: Industrial Research Assistance Program – Contributions to Firms
Location: Calgary, Alberta, CA T2P 1B4

$36,600.00

Oct 11, 2021

For-profit organization

Agreement:

Security Upgrades and KYC Procedures for the MICC Platform

Agreement Number:

980664

Duration: from Oct 11, 2021 to Mar 31, 2022
Description:

MICC wants to improve its security controls and integrate data protection safeguards for its information assets, including data and information systems. We need to design, implement and maintain an information security program to protect the information assets. Security controls cover management, operational and technical actions designed to deter, delay, detect, deny, or mitigate malicious attacks and other threats to information systems.

Organization: National Research Council Canada
Program Name: Industrial Research Assistance Program – Contributions to Firms
Location: Charlottetown, Prince Edward Island, CA C1A 4A4