Grants and Contributions:

Title:
LeaseSpark and SecureHub Critical Growth Core Improvements and Regulatory Requirements
Agreement Number:
984162
Agreement Value:
$364,100.00
Agreement Date:
Oct 1, 2021 - Mar 25, 2022
Description:
Both LeaseSpark and SecureHub are at a critical growth phase during their development. The purpose of this project is to add essential features into two of our flagship products. LeaseSpark is missing enhancements in order to augment its asset finance origination and booking solution, as well as equipping it for streamlined credit adjudication. For SecureHub, this is a period of unprecedented international growth, which requires regulatory enhancements for asset backed securities administration, asset backed commercial paper administration, as well as additional reporting features.
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 M5H 4C7
Reference Number:
172-2021-2022-Q4-984162
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
814521027
Recipient Type:
For-profit organization
Recipient's Operating Name:
Tao Solutions
Recipient's Legal Name:
TAO SOLUTIONS INC.
Federal Riding Name:
Toronto Centre
Federal Riding Number:
35108
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:
511211