Grants and Contributions:

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Title:

Expansion of Product Sales and Profitability

Agreement Number:

1017144

Agreement Value:

$75,000.00

Agreement Date:

Apr 1, 2024 - Nov 30, 2024

Description:

This project will continue to accelerate True Angle's land and expand enterprise sales strategy. The strategy involves connecting at the VP and C-suite level in large healthcare organizations that employ a large number of therapists serving patients across the USA. The intention is to position True Angle as a partner in these organizations' drive to meet value-based healthcare initiatives. By enabling healthcare providers to deliver rehabilitation that gets patients out of the hospital more quickly, True Angle aims to help its clients achieve cost savings and generate additional revenue when patients are treated at home. This aligns with the industry's shift towards value-based care, where outcomes and cost-effectiveness are prioritized.

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:

Edmonton, Alberta, CA T5K 2R5

Reference Number:

172-2024-2025-Q1-1017144

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

729053926

Recipient Type:

For-profit organization

Recipient's Legal Name:

True Angle Medical Technologies Inc.

Federal Riding Name:

Edmonton Centre

Federal Riding Number:

48014

Program:

Industrial Research Assistance Program – Contributions to Organizations

Program Purpose:

Coverage:

IRAP Contributions to Organizations projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

541710