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Contribution: Industrial Research Assistance Program – Contributions to Organizations

VentureLab Innovation Centre

$500,000.00

Capstone support for SME's in order to raise venture funding

FY 2025-26 · 2025-04-01

Summary
The Capital Investment Program empowers Canadian high growth companies by enhancing investment readiness and unlocking investment opportunities through financial guidance, mentoring, networking, and educational support.
Program
Industrial Research Assistance Program – Contributions to OrganizationsIndustrial Research Assistance Program-Contributions to Organizations (linked with high confidence)
Location
Markham|Markham, Ontario, Canada
Recipient Type
Not-for-profit organization or charity
Business Number
832922207
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Agreement End Date
2026-03-31
Agreement Number
1029050
Agreement Start Date
2025-04-01
Agreement Title
Capstone support for SME's in order to raise venture funding
Agreement Title (French)
Soutien aux PME afin de lever des fonds pour le capital de risque
Agreement Type
Contribution
Agreement Value
$500,000.00
Amendment Number
0
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
The Capital Investment Program empowers Canadian high growth companies by enhancing investment readiness and unlocking investment opportunities through financial guidance, mentoring, networking, and educational support.
Description (French)
Le Programme d’investissement en capital renforce les capacités des entreprises canadiennes à forte croissance en améliorant leur état de préparation à l’investissement et en leur ouvrant des possibilités d’investissement grâce à des conseils financiers, du mentorat, du réseautage et du soutien à la formation.
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
Markham--Thornhill
Federal Riding (French)
Markham--Thornhill
Federal Riding Number
35055
NAICS Code
541611
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
832922207
Recipient City
Markham|Markham
Recipient Country
CA
Recipient Legal Name
VentureLab Innovation Centre
Recipient Operating Name
VentureLab
Recipient Postal Code
L3R 9Z7
Recipient Province or Territory
ON
Recipient Type
N
Reference Number
172-2025-2026-Q1-1029050