Grants and Contributions:

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Title:

CanvasPop Business Growth Support through BDC Growth Driver Program

Agreement Number:

918863

Agreement Value:

$48,375.00

Agreement Date:

Jan 7, 2019 - Jun 30, 2019

Description:

CanvasPop has become one of North America’s leading online photo to art businesses. In the last 6 months in 2018 - we have averaged over 30% YOY growth, with November and December of 2018 averaging 47% YOY growth. With over 90% of our revenue coming outside of Canada, our revenues are flowing into the Canadian economy, and we wish to continue this growth with a mix of increased marketing activities and new products. To help us support this growth - we are registering in BDC’s Growth Driver Program, which will help us put in place the operational discipline and governance to ensure our growth plans are achieved. We are requesting for financial assistance to help fund the cost of this program.

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:

Ottawa, Ontario, CA K1Y 4R1

Reference Number:

172-2018-2019-Q4-918863

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

816209944

Recipient Type:

For-profit organization

Recipient's Legal Name:

WorkshopX Inc.

Federal Riding Name:

Ottawa Centre

Federal Riding Number:

35075

Program:

Industrial Research Assistance Program – Contributions to Firms

Program Purpose:

Coverage:

IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

339990