Grants and Contributions:
Title:
Women Innovators Scale Up and Investment Program
Agreement Number:
1016672
Agreement Value:
$138,000.00
Agreement Date:
Apr 1, 2024 - Mar 31, 2025
Description:
This C to O is being proposed because of a recommendation from the EDI team and an acknowledged need for training and education for Women Founders of IRAP eligible companies. The program's goal is to close the funding gap for women innovators.
Specifically this program will target firms who have raised seed funds and have a goal to raise Series A funds. The anticipated benefit is the 12 to 15 firms access funding and to have at least one firm raise $3 to $5 million in funding. Anticipated risk is low as the firm providing the program has already successfully delivered the program and is ready to deliver to this cohort.
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:
Halifax, Nova Scotia, CA B3N 1E4
Reference Number:
172-2024-2025-Q1-1016672
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
877858316
Recipient Type:
For-profit organization
Recipient's Legal Name:
Imaginal Ventures Inc.
Federal Riding Name:
Halifax
Federal Riding Number:
12005
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:
55111