Grants and Contributions:
Title:
Founders Lab Cohort
Agreement Number:
1030797
Agreement Value:
$300,000.00
Agreement Date:
May 1, 2025 - Mar 31, 2026
Description:
Movement51’s Founder Lab has seen great success to date, with 60 participants raising a cumulative $1.5M in capital, $3.3M in non-dilutive funding, $5.5M in revenue and 390 jobs created across two cohorts. This project will scale the organizations Founder Lab program, delivering more Founders Lab cohorts, hosting an event to facilitate capital activation into Founders Lab participants (inclusive webinar program to best equip Founders to secure capital investment), and an ongoing community to sustain connections amongst peers and continue to deliver education relevant to their stage of growth.
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:
Calgary, Alberta, CA T2R 0E4
Reference Number:
172-2025-2026-Q1-1030797
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
746684331
Recipient Type:
Not-for-profit organization or charity
Recipient's Operating Name:
Movement51
Recipient's Legal Name:
Movement51
Federal Riding Name:
Calgary Centre
Federal Riding Number:
48004
Program:
Industrial Research Assistance Program – Contributions to Organizations
Program Purpose:
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.
Coverage:
IRAP Contributions to Organizations projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
6117