Grants and Contributions:
Title:
Expanding Earned Wage Access in Canada
Agreement Number:
1021873
Agreement Value:
$450,000.00
Agreement Date:
Sep 1, 2024 - Mar 15, 2025
Description:
This project expands ZayZoon’s innovative Earned Wage Access product to Canada, enabling employees access to their earned wages prior to traditional payday cycles to enhance their financial wellness. The project’s key objectives include forming strategic partnerships with leading service providers, driving widespread user adoption and tailoring the product to the Canadian technical and regulatory setting. The learnings will also form the beginnings of an "international playbook" for expansion into other markets.
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 T2G 1S5
Reference Number:
172-2024-2025-Q2-1021873
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
831559174
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 15 days. The total amended value is 50,000 dollars.
Amendment Date
Mar 3, 2025
Recipient's Legal Name:
ZayZoon Inc.
Federal Riding Name:
Calgary Centre
Federal Riding Number:
48004
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: