Grants and Contributions:
Title:
Innovating and enhancing the Appello platform to secure distinct market advantage
Agreement Number:
1019511
Agreement Value:
$204,000.00
Agreement Date:
Apr 1, 2024 - Mar 31, 2025
Description:
Appello will embark on an ambitious R&D project to fuel innovation and unlock new market segments. Our client-driven development strategy focuses on five key areas, promising to enhance our competitive edge, increase revenue, and meet diverse industry needs. These areas include Material Management, Accounting/ERP Integration, Master Control Panel, Geofencing, and Equipment Revenue & Service Tracking. Each of these areas involves a significant R&D and testing component, and a strong upside in terms of client adoption and further distancing Appello from the fragmented competition in the sector.
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:
Mount Brydges, Ontario, CA N0L 1W0
Reference Number:
172-2024-2025-Q2-1019511
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
798807558
Recipient Type:
For-profit organization
Recipient's Operating Name:
Appello
Recipient's Legal Name:
Appello Inc.
Federal Riding Name:
Lambton--Kent--Middlesex
Federal Riding Number:
35048
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