Contribution: Industrial Research Assistance Program – Contributions to Firms
InVintory Wines Inc.
$65,000.00
ARP - OPUS Enhancement and Commercialization
FY 2023-24 · 2023-08-07
Summary
InVintory is a Toronto-based software and services company that builds products for wine collectors to understand, track, locate, value, and insure their wine collections. The firm has an iPhone app with over 10,000 active users, and has built Opus for larger collections and power users. The core of this product is a 3D virtual representation of a wine cellar.
Opus is currently in beta. In beta, the firm has sold over 50 to both existing and new users as a test of product-market fit and in doing so, the firm recognized technical challenges and improvements that are necessary for a widespread commercial launch.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Thornhill|Thornhill, Ontario, Canada
Recipient Type
For-profit organization
Business Number
744167511
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2023-10-31
Agreement Number
1008775
Agreement Start Date
2023-08-07
Agreement Title
ARP - OPUS Enhancement and Commercialization
Agreement Title (French)
PRA — Amélioration et commercialisation d’OPUS
Agreement Type
Contribution
Agreement Value
$65,000.00
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
InVintory is a Toronto-based software and services company that builds products for wine collectors to understand, track, locate, value, and insure their wine collections. The firm has an iPhone app with over 10,000 active users, and has built Opus for larger collections and power users. The core of this product is a 3D virtual representation of a wine cellar.
Opus is currently in beta. In beta, the firm has sold over 50 to both existing and new users as a test of product-market fit and in doing so, the firm recognized technical challenges and improvements that are necessary for a widespread commercial launch.
Description (French)
InVintory est une société de logiciels et de services basée à Toronto qui conçoit des produits permettant aux collectionneurs de vin de comprendre, de suivre, de localiser, d’évaluer et d’assurer leurs collections de vin. L’entreprise dispose d’une application iPhone qui compte plus de 10 000 utilisateurs actifs et a créé Opus pour les collections plus importantes et les utilisateurs chevronnés. Le cœur de ce produit est une représentation virtuelle en 3D d’une cave à vin. Opus est actuellement en version bêta. L’entreprise en a vendu plus de 50 à des utilisateurs existants et nouveaux afin de tester l’adéquation produit-marché. Ce faisant, l’entreprise a identifié les défis techniques et les améliorations qui sont nécessaires pour un lancement commercial à grande échelle.
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
Thornhill
Federal Riding (French)
Thornhill
Federal Riding Number
35104
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
744167511
Recipient City
Thornhill|Thornhill
Recipient Country
CA
Recipient Legal Name
InVintory Wines Inc.
Recipient Postal Code
L4J 8K6
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2023-2024-Q2-1008775
