Grants and Contributions:
Title:
AI-Driven Trust Metric & Peer Lending Infrastructure
Agreement Number:
1034493
Agreement Value:
$60,000.00
Agreement Date:
Sep 1, 2025 - May 31, 2026
Description:
JL13 Concepts is developing a Trust Index, an AI-powered scoring engine that utilizes behavioural, social, and engagement data to assess user trustworthiness. The purpose is to use the trust index for financial purposes by being used to unlock access for underbanked populations excluded by traditional credit systems. The primary challenges are ensuring consistent outputs across diverse users, explainable building models, and minimizing bias, particularly in edge cases. The Trust Index aims to establish a fair and transparent standard for inclusive digital finance.
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:
Calgary, Alberta, CA T3M 2C1
Reference Number:
172-2025-2026-Q2-1034493
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
796526705
Recipient Type:
For-profit organization
Recipient's Operating Name:
JL13 Concepts
Recipient's Legal Name:
JL13 Concepts Inc.
Federal Riding Name:
Calgary Shepard
Federal Riding Number:
48011
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:
541514