Grants and Contributions:
Title:
1014293
Agreement Number:
1014293
Agreement Value:
$750,000.00
Agreement Date:
May 25, 2023 - Dec 31, 2025
Description:
To commercialize banking-as-a-service platform.
Organization:
Federal Economic Development Agency for Southern Ontario
Expected Results:
To achieve one or more of the following departmental results, i) Businesses in southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in southern Ontario are innovative and growing; and iii) Communities are economically diversified in southern Ontario.
Location:
TORONTO, Ontario, CA M5V 1S8
Reference Number:
062-2023-2024-Q4-00101
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
817129778
Recipient Type:
For-profit organization
Recipient's Operating Name:
Lending Loop
Recipient's Legal Name:
Loop Financial Inc.
Federal Riding Name:
Spadina-Fort York
Federal Riding Number:
35101
Program:
Business Scale-up and Productivity (BSUP)
Program Purpose:
To accelerate the growth of firms and assist with the adoption and adaptation of new, innovative technologies that support scale-up, productivity, development of and entry into new markets to help companies become globally competitive.
Coverage:
To achieve one or more of the following departmental results, i) Businesses in southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in southern Ontario are innovative and growing; and iii) Communities are economically diversified in southern Ontario.
NAICS Code:
52232