Grants and Contributions:
Title:
Founders Lab Cohort
Agreement Number:
1030797
Agreement Value:
$400,000.00
Agreement Date:
May 1, 2025 - Mar 31, 2026
Description:
Movement51’s Founder Lab has seen great success to date, with 60 participants raising a cumulative $1.5M in capital, $3.3M in non-dilutive funding, $5.5M in revenue and 390 jobs created across two cohorts. This project will scale the organizations Founder Lab program, delivering more Founders Lab cohorts, hosting an event to facilitate capital activation into Founders Lab participants (inclusive webinar program to best equip Founders to secure capital investment), and an ongoing community to sustain connections amongst peers and continue to deliver education relevant to their stage of growth.
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:
Calgary, Alberta, CA T2R 0E4
Reference Number:
172-2025-2026-Q1-1030797
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
746684331
Recipient Type:
Not-for-profit organization or charity
Additional Information:
This agreement has been amended 1 time(s). The total amended value is 100,000 dollars.
Amendment Date
Feb 2, 2026
Recipient's Operating Name:
Movement51
Recipient's Legal Name:
Movement51
Federal Riding Name:
Calgary Centre
Federal Riding Number:
48004
Program:
Industrial Research Assistance Program
Program Purpose:
The purpose of Industrial Research Assistance Program Contributions to Organizations is to support Organizations in providing innovation assistance services to 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:
6117
Amendments: