Grants and Contributions:
Title:
Self-Serve Mortgage Renewal Solution
Agreement Number:
1028010
Agreement Value:
$71,000.00
Agreement Date:
Nov 1, 2024 - Oct 31, 2025
Description:
Thirdstream's self-serve mortgage renewal solution aims to transform the Canadian banking sector by automating the mortgage renewal process. This innovative solution integrates advanced technology, ensuring seamless system compatibility, regulatory compliance, and user convenience. With a massive surge in mortgage renewals expected in 2025-2026, the project will streamline workflows, reduce operational costs, and enhance the customer experience for financial institutions, positioning the product as a critical tool for managing increased renewal volumes efficiently.
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:
Lethbridge, Alberta, CA T1J 2J4
Reference Number:
172-2024-2025-Q4-1028010
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
798432282
Recipient Type:
For-profit organization
Recipient's Legal Name:
Thirdstream (2017) Inc.
Federal Riding Name:
Lethbridge
Federal Riding Number:
48026
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