Grants and Contributions:
Title:
Development of AI Assisted KnowledgeAssist and Intelligent Sampling Platform
Agreement Number:
927538
Agreement Value:
$475,000.00
Agreement Date:
Apr 1, 2019 - Aug 31, 2020
Description:
Further differentiate Real Time Medical’s patented solution platform with the addition of Artificial Intelligence capabilities to create game-changing offerings leveraging Real Time’s announced partnership with Google to serve up Real Time Medical offerings globally as part of Google’s push into the healthcare market.
NRC funding of this project will ensure that Real Time’s innovations remain the intellectual property of Real Time, meaning they are Ontario Canada based, and are not owned by Google, which would be the case if Google funds the development of what are RTM conceived and designed products. In addition, by owning the IP, the structure of revenue ensures much higher revenue for RTM, leading to greater budgets for the creation
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:
Toronto, Ontario, CA M4P 2H8
Reference Number:
172-2019-2020-Q1-927538
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
831390323
Recipient Type:
For-profit organization
Additional Information:
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 94 days. The total amended value is 100,000 dollars.
Amendment Date
Mar 13, 2020
Recipient's Legal Name:
Real Time Medical Inc.
Federal Riding Name:
Eglinton--Lawrence
Federal Riding Number:
35024
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:
51121
Amendments: