Grants and Contributions:

Title:
Developing Machine Learning and Knowledge Engineering for an Evolving Agriculture Marketplace
Agreement Number:
948784
Agreement Value:
$830,000.00
Agreement Date:
May 15, 2020 - Dec 15, 2021
Description:
ML in grain market analysis will transform the grain services industry. In the financial and insurance industries, leading banks and financial services companies are deploying AI technology, including ML (ML), to streamline their processes, optimize portfolios, decrease risk and underwrite loans amongst other things. The benefits of ML that are already being recognized in these industries can be applied to grain market analysis and portfolio recommendations. This project first seeks to develop and build on FarmLink’s current analytical protocols using ML techniques and secondly to take its enhanced recommendations to use ML to build a customer facing advanced marketing tool. The benefit to our famer customers will be a streamlined, simple to use individualized tool to empower their financial business plans and a step towards a Farmer 4.0.
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:
Winnipeg, Manitoba, CA R3B 3B1
Reference Number:
172-2020-2021-Q1-948784
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
784945925
Recipient Type:
For-profit organization
Additional Information:

This agreement has been amended 1 time(s). The total amended value is 130,000 dollars.

Amendment Date
Oct 20, 2021
Recipient's Operating Name:
FarmLink
Recipient's Legal Name:
FarmLink Marketing Solutions Ltd.
Federal Riding Name:
Winnipeg Centre
Federal Riding Number:
46011
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:
54161
Amendments: