Grants and Contributions:

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Title:
Expansion and Platform Optimization for AI-Powered Healthcare Procurement
Agreement Number:
1029286
Agreement Value:
$323,501.00
Agreement Date:
Apr 1, 2025 - Mar 31, 2026
Description:
This project will enhances MedReddie's AI procurement platform for the global healthcare market. Expansion into international markets will refine scalability and optimize buyer/supplier portals. MedReddie AI streamlines medical procurement, saving 250+ hours/project and potentially millions in reduced procurement costs for the health 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:
Saint John, New Brunswick, CA E2K 2J6
Reference Number:
172-2025-2026-Q1-1029286
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
718890536
Recipient Type:
For-profit organization
Additional Information:

This agreement has been amended 1 time(s). The total amended value is 50,000 dollars.

Amendment Date
Aug 5, 2025
Recipient's Operating Name:
Med Reddie
Recipient's Legal Name:
12258706 CANADA INC
Federal Riding Name:
Saint John--Rothesay
Federal Riding Number:
13009
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:
51913
Amendments:
See Amendments