Grants and Contributions:
Title:
Build-out of the BioConnect Trust Platform
Agreement Number:
1013396
Agreement Value:
$3,000,000.00
Agreement Date:
Nov 1, 2023 - Feb 28, 2026
Description:
The Build out of the BioConnect Trust Platform is the cloud-architecture with which the Company will transform its operating model from a hardware centric / one-time revenue model to a subscription-based model. The Trust Platform, and its capabilities, will deliver the ongoing value to customers going forward necessary to support a subscription model as demonstrated over last 12 months.
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 M6K 1X4
Reference Number:
172-2023-2024-Q3-1013396
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
841567845
Recipient Type:
For-profit organization
Recipient's Operating Name:
BioConnect
Recipient's Legal Name:
BioConnect Inc.
Federal Riding Name:
Spadina--Fort York
Federal Riding Number:
35101
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:
51121