Grants and Contributions:
Title:
Adjudication Enhancement
Agreement Number:
1009759
Agreement Value:
$125,000.00
Agreement Date:
Jul 3, 2023 - Mar 31, 2024
Description:
Aya is developing an adjudication technology that will allow for faster decision-making on HSA and WSA claims. With this technology, Aya will be able to make a decision on approval or rejection of claims within each account. This project will enable Aya to scale its product to all large enterprises in Canada and the US. The implementation of this technology will significantly improve the efficiency and accuracy of HSA and WSA claim processing, benefiting both Aya and its clients.
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 M5L 1A9
Reference Number:
172-2023-2024-Q3-1009759
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
741956312
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 44 days.
Amendment Date
Jan 30, 2024
Recipient's Operating Name:
Toronto
Recipient's Legal Name:
Aya Payments Incorporated
Federal Riding Name:
Toronto Centre
Federal Riding Number:
35108
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:
511211
Amendments: