Grants and Contributions:
Title:
Hardware and Software Commercialization and Scalability Development
Agreement Number:
1027958
Agreement Value:
$75,000.00
Agreement Date:
Feb 17, 2025 - Feb 13, 2026
Description:
The Firm will advance the development of its construction equipment access control solution by developing the design and production of a custom PCB and enclosure, expanding software’s feature set, enhancing system security, and testing scalability. This phase is crucial to transitioning from MVP to commercial readiness, ensuring the solution can be deployed efficiently at scale while maintaining robust security measures. Having secured funding from the Government of Newfoundland & Labrador Department of Industry, Trade and Technology for a significant portion of the project, this funding from NRC will help de-risk the cash-flows and accelerate the timeline for the project.
Organization:
National Research Council Canada
Expected Results:
The expected results and outcomes of NRC Industrial Research Assistance Program is focused on growing small and medium-sized enterprises (SMEs) through innovation and wealth creation for Canada.
Location:
St. John's, Newfoundland & Labrador, CA A1H 1A2
Reference Number:
172-2024-2025-Q4-1027958
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
753131747
Recipient Type:
For-profit organization
Additional Information:
This agreement has been amended 1 time(s). The total amended value is 3,000 dollars.
Amendment Date
Jan 22, 2026
Recipient's Operating Name:
Veristart
Recipient's Legal Name:
Veristart Technologies Inc.
Federal Riding Name:
St. John's South--Mount Pearl
Federal Riding Number:
10007
Program:
Industrial Research Assistance Program
Program Purpose:
The purpose of Industrial Research Assistance Program Contributions to Firms is to provide support that assists small and medium-sized enterprises (SMEs) to advance their innovation knowledge and ability to innovate, grow through innovation and stimulate wealth creation for Canada.
Coverage:
Industrial Research Assistance Program projects stimulate wealth creation for Canada through technological innovation and strengthen Canadian innovation ecosystem by creating new industrial capacity.
NAICS Code:
51121
Amendments: