Contribution: Industrial Research Assistance Program – Contributions to Organizations
Rotessa Inc.
$550,000.00
Next phase development of Pre-Authorized Debit (PAD) platform for scaled growth
FY 2023-24 · 2023-04-01
Summary
Project will support the further development of the platform such that projected growth in payments and processing platform can be accommodated. The platform will be able to support users through value added tools that will create inherent virality in the platform. Updated billing systems with payment reminders, payment receipts, integrations/partnerships and an enhanced user experience (UX) will be incorporated.
Department
Program
Industrial Research Assistance Program – Contributions to OrganizationsIndustrial Research Assistance Program-Contributions to Organizations (linked with high confidence)
Recipient
Location
Steinbach|Steinbach, Manitoba, Canada
Recipient Type
For-profit organization
Business Number
805102456
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Amendments
Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.
| Amendment | Date | Fiscal Year | Total |
|---|---|---|---|
| 0 | 2023-04-01 | 2023-24 | $350,000.00 |
| 2 | 2023-04-01 | 2023-24 | $550,000.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 457 days. The total amended value is 200,000 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 457 jours. La valeur totale des modifications est de 200 000 dollars.
Agreement End Date
2025-09-30
Agreement Number
1004741
Agreement Start Date
2023-04-01
Agreement Title
Next phase development of Pre-Authorized Debit (PAD) platform for scaled growth
Agreement Title (French)
Prochaine phase de développement de la plateforme de débit préautorisé en vue d’une croissance à grande échelle
Agreement Type
Contribution
Agreement Value
$550,000.00
Amendment Date
2024-03-15
Amendment Number
2
Coverage
IRAP Contributions to Organizations projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux organismes stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
Project will support the further development of the platform such that projected growth in payments and processing platform can be accommodated. The platform will be able to support users through value added tools that will create inherent virality in the platform. Updated billing systems with payment reminders, payment receipts, integrations/partnerships and an enhanced user experience (UX) will be incorporated.
Description (French)
Le projet soutiendra la poursuite du développement de la plateforme de manière à ce que la croissance prévue des paiements et de la plateforme de traitement puisse être prise en compte. La plateforme sera en mesure d’aider les utilisateurs grâce à des outils à valeur ajoutée qui créeront une viralité inhérente à la plateforme. Des systèmes de facturation actualisés avec des rappels de paiement, des reçus de paiement, des intégrations/partenariats et une expérience utilisateur améliorée seront incorporés.
Expected Results
The purpose of IRAP Contributions to Organizations is to support Organizations in building and integrating the innovation capacity in Canada for the benefit of Firms in Canada, primarily SMEs and to support Organizations in providing innovation assistance services to SMEs in Canada.
Expected Results (French)
Le PARI, par le biais des Contributions aux organismes, vise à soutenir les organismes en les aidant à construire et à intégrer leur capacité d’innovation au Canada au bénéfice des entreprises canadiennes, et plus particulièrement des PME et à aider les organismes à offrir des services d’aide à l’innovation aux PME au Canada.
Federal Riding
Provencher
Federal Riding (French)
Provencher
Federal Riding Number
46008
NAICS Code
52232
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Organizations
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux organismes
Program Purpose
The purpose of IRAP Contributions to Organizations is to support Organizations in building and integrating the innovation capacity in Canada for the benefit of Firms in Canada, primarily SMEs and to support Organizations in providing innovation assistance services to SMEs in Canada.
Program Purpose (French)
Le PARI, par le biais des Contributions aux organismes, vise à soutenir les organismes en les aidant à construire et à intégrer leur capacité d’innovation au Canada au bénéfice des entreprises canadiennes, et plus particulièrement des PME et à aider les organismes à offrir des services d’aide à l’innovation aux PME au Canada.
Recipient Business Number
805102456
Recipient City
Steinbach|Steinbach
Recipient Country
CA
Recipient Legal Name
Rotessa Inc.
Recipient Operating Name
Rotessa
Recipient Postal Code
R5G 0Z1
Recipient Province or Territory
MB
Recipient Type
F
Reference Number
172-2023-2024-Q1-1004741
