Grants and Contributions:
Title:
Market Expansion and Technology Development Initiative
Agreement Number:
1042605
Agreement Value:
$75,000.00
Agreement Date:
Apr 1, 2026 - Mar 31, 2027
Description:
Polar Imaging is developing InvoiceStream, a new invoice processing application designed to automate data extraction, validation, and workflow management for Canadian SMEs. The project focuses on building a scalable platform with integration to widely used accounting systems, including QuickBooks and Sage 300. Activities include application development, workflow design, system integration, and pilot validation to ensure performance, accuracy, and usability. This initiative will improve operational efficiency, reduce manual processing, and support the commercialization of a Canadian-developed financial automation solution.
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:
London, Ontario, CA N6L 1G5
Reference Number:
172-2026-2027-Q1-1042605
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
875152910
Recipient Type:
For-profit organization
Recipient's Legal Name:
Polar Imaging Inc
Federal Riding Name:
Elgin--Middlesex--London
Federal Riding Number:
35025
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:
51821