Contribution: Industrial Research Assistance Program – Contributions to Firms
LBMX Inc.
$350,000.00
Artificial Intelligence and Public Marketplace Enhancements
FY 2022-23 · 2022-07-01
Summary
Create an infrastructure for analyzing data using artificial intelligence and machine learning. Integrate the AI / ML findings into our existing products. Enhance our platform with Automated Accounts Payables, and Vendor Buying Agreements. Enhance our back-end architecture to allow us to provide functionality to a wider audience of users.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
London|London, Ontario, Canada
Recipient Type
For-profit organization
Business Number
862975612
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2023-03-31
Agreement Number
994539
Agreement Start Date
2022-07-01
Agreement Title
Artificial Intelligence and Public Marketplace Enhancements
Agreement Title (French)
Amélioration de l'intelligence artificielle et du marché public
Agreement Type
Contribution
Agreement Value
$350,000.00
Amendment Number
0
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
Create an infrastructure for analyzing data using artificial intelligence and machine learning. Integrate the AI / ML findings into our existing products. Enhance our platform with Automated Accounts Payables, and Vendor Buying Agreements. Enhance our back-end architecture to allow us to provide functionality to a wider audience of users.
Description (French)
Créer une infrastructure pour analyser les données en utilisant l'intelligence artificielle et l'apprentissage automatique (IA/AA). Intégrer les résultats de l'IA/AA dans nos produits existants. Améliorer notre plateforme avec des comptes créditeurs automatisés et des accords d'achat de fournisseurs. Améliorer notre architecture d'arrière-plan pour nous permettre de fournir des fonctionnalités à un plus grand nombre d'utilisateurs.
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
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
London North Centre
Federal Riding (French)
London-Centre-Nord
Federal Riding Number
35052
NAICS Code
511211
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
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
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
862975612
Recipient City
London|London
Recipient Country
CA
Recipient Legal Name
LBMX Inc.
Recipient Postal Code
N6A 5P3
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2022-2023-Q2-994539
