Grants and Contributions:

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Title:

ONTAB Credit as a POS app

Agreement Number:

1020437

Agreement Value:

$45,000.00

Agreement Date:

Jul 8, 2024 - Jan 31, 2025

Description:

Built on the principle of enhancing financial accessibility and convenience, ONTAB has been relentless in the pursuit of empowering Canadians financially with the launch of ONTAB Credit. This groundbreaking solution is designed to alleviate the burden of high-interest credit card debts, offering Canadians a strategic pathway to savings. All of this is done without requiring the individual to move their debt or transfer their balance. Individuals can enjoy all the benefits that their credit card company offers without losing their credit rating or history while levering ONTAB Credit to lower their interest rates. OnTab Credit customers smash their credit card debt.

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 M5B 2G9

Reference Number:

172-2024-2025-Q2-1020437

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

816374334

Recipient Type:

For-profit organization

Recipient's Legal Name:

ONTAB INC.

Federal Riding Name:

Toronto Centre

Federal Riding Number:

35108

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:

52232