Grants and Contributions:
Title:
Socy Intrideo - Revolution of HR
Agreement Number:
913046
Agreement Value:
$480,900.00
Agreement Date:
Sep 4, 2018 - Aug 30, 2019
Description:
Intrideo by Socy Inc, based in Thunder Bay, Ontario is applying for an IRAP grant to cover the development of enhancements to the Intrideo system. If successfully developed, we forecast these enhancements will account for 50% of our growth. During the 5 years following the project we anticipate the funded work will require the hiring of 819 FTEs and increase sales by $124 million. We also expect our R&D budget to increase by $1.8 million.
Organization:
National Research Council Canada
Expected Results:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Location:
Thunder Bay, Ontario, CA P7E 1C9
Reference Number:
172-2018-2019-Q3-913046
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
760637298
Recipient Type:
For-profit organization
Recipient's Legal Name:
Socy Inc
Federal Riding Name:
Thunder Bay--Rainy River
Federal Riding Number:
35105
Program:
Industrial Research Assistance Program – Contributions to Firms
Program Purpose:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Coverage:
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
5112