Contribution: Industrial Research Assistance Program – Contributions to Firms
ONTAB INC.
$45,000.00
ONTAB Credit as a POS app
FY 2024-25 · 2024-07-08
Summary
Built on the principle of enhancing financial accessibility and convenience, ONTAB has been relentless in the pursuit of empowering Canadians financially with the launch of ONTAB Credit. This groundbreaking solution is designed to alleviate the burden of high-interest credit card debts, offering Canadians a strategic pathway to savings. All of this is done without requiring the individual to move their debt or transfer their balance. Individuals can enjoy all the benefits that their credit card company offers without losing their credit rating or history while levering ONTAB Credit to lower their interest rates. OnTab Credit customers smash their credit card debt.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Toronto|Toronto, Ontario, Canada
Recipient Type
For-profit organization
Business Number
816374334
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2025-01-31
Agreement Number
1020437
Agreement Start Date
2024-07-08
Agreement Title
ONTAB Credit as a POS app
Agreement Title (French)
Crédit ONTAB en tant qu’application POS
Agreement Type
Contribution
Agreement Value
$45,000.00
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
Built on the principle of enhancing financial accessibility and convenience, ONTAB has been relentless in the pursuit of empowering Canadians financially with the launch of ONTAB Credit. This groundbreaking solution is designed to alleviate the burden of high-interest credit card debts, offering Canadians a strategic pathway to savings. All of this is done without requiring the individual to move their debt or transfer their balance. Individuals can enjoy all the benefits that their credit card company offers without losing their credit rating or history while levering ONTAB Credit to lower their interest rates. OnTab Credit customers smash their credit card debt.
Description (French)
Fondée sur le principe de l’amélioration de l’accessibilité et de la commodité financières, ONTAB a poursuivi sans relâche sa quête d’autonomisation financière des Canadiens avec le lancement d’ONTAB Crédit. Cette solution révolutionnaire est conçue pour alléger le fardeau des dettes de cartes de crédit à taux d’intérêt élevé, en offrant aux Canadiens une voie stratégique vers l’épargne. Tout cela se fait sans que l’individu n’ait à déplacer sa dette ou à transférer son solde. Les particuliers peuvent profiter de tous les avantages offerts par leur société de carte de crédit sans perdre leur cote de crédit ou leurs antécédents, tout en profitant de Crédit ONTAB pour réduire leurs taux d’intérêt. Les clients d’ONTAB Credit réduisent leur dette de carte de crédit.
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
Toronto Centre
Federal Riding (French)
Toronto-Centre
Federal Riding Number
35108
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 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
816374334
Recipient City
Toronto|Toronto
Recipient Country
CA
Recipient Legal Name
ONTAB INC.
Recipient Postal Code
M5B 2G9
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2024-2025-Q2-1020437