Grants and Contributions:

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Title:

Business Innovation - Sales and Marketing Process Innovation

Agreement Number:

1002819

Agreement Value:

$500,000.00

Agreement Date:

Jan 1, 2023 - Dec 31, 2023

Description:

Avidbots is targeting ~$60M CAD in 2023 bookings. We are running innovating experiments to improve sales productivity. We will be conducting experiments in 2023 to improve sales productivity in 4 areas, listed below: 1. Improve outbound pipeline generation 2. Accelerate marketing inbound pipeline generation 3. Expand existing strategic accounts 4. Penetrate new strategic accounts

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:

Kitchener, Ontario, CA N2E 3Z5

Reference Number:

172-2022-2023-Q4-1002819

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

830973574

Recipient Type:

For-profit organization

Recipient's Legal Name:

Avidbots Corp.

Federal Riding Name:

Kitchener South--Hespeler

Federal Riding Number:

35047

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:

333310