Grants and Contributions:

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Title:

HYKE Mobile App and Web Platform

Agreement Number:

948600

Agreement Value:

$49,735.00

Agreement Date:

May 11, 2020 - Feb 28, 2021

Description:

In the business to consumer market, the demand is shifting from product-centric strategies toward customer-centric approaches. Millennials and Gen Z want a customer-centric experience in which they feel wanted and valued. In order to adapt to this trend, customer acquisition strategies should be altered as well. HYKE is unique AI-driven customer acquisition, retention, and expansion platform. The company provides data analytics services for business to consumer market in order to analyze the consumers' behaviour and decision-making process for each individual. This platform is a two-sided solution for customers and businesses.

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:

St. John's, Newfoundland & Labrador, CA A1A 1B3

Reference Number:

172-2020-2021-Q1-948600

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

780120531

Recipient Type:

For-profit organization

Additional Information:

This agreement has been amended 1 time(s). The total amended value is 16,500 dollars.

Amendment Date

Jul 9, 2020

Recipient's Operating Name:

HYKE

Recipient's Legal Name:

Hyke Technologies Inc.

Federal Riding Name:

St. John's South--Mount Pearl

Federal Riding Number:

10007

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:

51121

Amendments:

See Amendments