Grants and Contributions:
Title:
Using Virtual and Augmented Reality Applications to increase productivity and growth of small and medium businesses.
Agreement Number:
953564
Agreement Value:
$579,940.00
Agreement Date:
Jul 15, 2020 - Mar 31, 2022
Description:
In the current proposal, SIRT and MRC Studio are seeking funding to assist and prepare small and medium enterprises to be able to develop and integrate augmented reality and virtual reality applications for their business environments.
With the projected growth of global virtual and augmented reality markets (VR and AR), technology, services, and solutions companies throughout multiple sectors are grappling with how to expand their businesses through creation of an innovative market niche within VR and AR. This includes media and entertainment, IT, health services, retailers, live event, and education and training companies to name just a few. Though larger organizations are adopting AR and VR, small and medium enterprises (SMEs) face barriers such as lack of awareness, expertise, and resources to develop these environments. There are multiple sectors that we will be addressing but some of the highlighted ones will be lm, television and gaming as well as IT and Healthcare, which will be getting benefit at all stages of the research and commercialization spectrum through this collaboration. MRC Studio and SIRT will work with the companies to develop AR/VR solutions to ensure how Canada’s SMEs can take advantage of market opportunities in these areas.
Organization:
National Research Council Canada
Expected Results:
The purpose of IRAP Contributions to Organizations is to support Organizations in building and integrating the innovation capacity in Canada for the benefit of Firms in Canada, primarily SMEs and to support Organizations in providing innovation assistance services to SMEs in Canada.
Location:
Oakville, Ontario, CA L6J 7T8
Reference Number:
172-2020-2021-Q2-953564
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
107976565
Recipient Type:
Not-for-profit organization or charity
Additional Information:
This agreement has been amended 2 time(s). The total amended value is 250,000 dollars.
Amendment Date
Nov 22, 2021
Recipient's Operating Name:
Screen Industries Research Training Center
Recipient's Legal Name:
Sheridan College Institute of Technology and Advanced Learning
Federal Riding Name:
Oakville
Federal Riding Number:
35072
Program:
Industrial Research Assistance Program – Contributions to Organizations
Program Purpose:
The purpose of IRAP Contributions to Organizations is to support Organizations in building and integrating the innovation capacity in Canada for the benefit of Firms in Canada, primarily SMEs and to support Organizations in providing innovation assistance services to SMEs in Canada.
Coverage:
IRAP Contributions to Organizations projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
611210
Amendments: