Contribution: Industrial Research Assistance Program – Contributions to Firms
LyteHorse Labs Inc.
$33,800.00
Business Innovation - Achieve Initial Product Market Fit
FY 2023-24 · 2023-08-01
Summary
The overall goal is to get to sales of 3-5 units per day on a repeatable basis in order to get the company to breakeven at the lowest possible level.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Regina|Regina, Saskatchewan, Canada
Recipient Type
For-profit organization
Business Number
776299919
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2024-02-15
Agreement Number
1008412
Agreement Start Date
2023-08-01
Agreement Title
Business Innovation - Achieve Initial Product Market Fit
Agreement Title (French)
Innovation commerciale — Adapter le produit initial au marché
Agreement Type
Contribution
Agreement Value
$33,800.00
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
The overall goal is to get to sales of 3-5 units per day on a repeatable basis in order to get the company to breakeven at the lowest possible level.
Description (French)
L’objectif global est d’atteindre des ventes de 3 à 5 unités par jour de manière récurrente afin que l’entreprise atteigne le seuil de rentabilité le plus bas possible.
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
Regina--Qu'Appelle
Federal Riding (French)
Regina--Qu'Appelle
Federal Riding Number
47008
NAICS Code
336110
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
776299919
Recipient City
Regina|Regina
Recipient Country
CA
Recipient Legal Name
LyteHorse Labs Inc.
Recipient Postal Code
S4R 1J4
Recipient Province or Territory
SK
Recipient Type
F
Reference Number
172-2023-2024-Q2-1008412
