Grants and Contributions:
Title:
Expanding the Editing and Conversion Functionality of the Velsoft Platform
Agreement Number:
942747
Agreement Value:
$141,593.00
Agreement Date:
Jan 28, 2020 - Sep 30, 2021
Description:
Velsoft has developed an AI-like technology that automatically converts electronic documents to SCORM-compliant eLearning (the framework of eLearning). This technology has the potential of changing the economic model of how eLearning is created with will, in turn, disrupt the industry. We have tested this technology with several customers and have discovered that there are key expectations of customers that still need to be addressed. This has presented us with several hurdles that need to be jumped.
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:
New Glasgow, Nova Scotia, CA B2H 2P8
Reference Number:
172-2019-2020-Q4-942747
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
828689257
Recipient Type:
For-profit organization
Additional Information:
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 214 days.
Amendment Date
Oct 15, 2020
Recipient's Legal Name:
Velsoft Training Materials Inc.
Federal Riding Name:
Central Nova
Federal Riding Number:
12002
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
Amendments: