Grants and Contributions:

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Title:

Smart Asset Tracker for Life Science Enterprises

Agreement Number:

937937

Agreement Value:

$37,458.00

Agreement Date:

Oct 21, 2019 - Sep 30, 2020

Description:

Perform a controlled Beta study at a hospital in collaboration with our prospect customer Baxter. The business problem we are looking to solve is each year, $20B of portable medical device equipment goes missing. Unlike existing commercial methods to locate portable medical device equipment, the scope of our project is to perform a controlled study in collaboration with a Medical Device OEM and a local hospital. The intent of the study will be to further develop the application of a cloud based and custom IoT hardware solution for the purposes of boundless geographical location detection of equipment. If a medical device is not where it should be, we will automatically and proactively notify owners of exceptions to avoid the loss.

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:

Rockwood, Ontario, CA N0B 2K0

Reference Number:

172-2019-2020-Q3-937937

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

774316129

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 72 days.

Amendment Date

Jun 26, 2020

Recipient's Legal Name:

Technology Trace Inc.

Federal Riding Name:

Wellington--Halton Hills

Federal Riding Number:

35113

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:

541514

Amendments:

See Amendments