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Contribution: Industrial Research Assistance Program – Contributions to Firms

Lumen5 Technologies Ltd.

$220,000.00

Business Innovation - sales and marketing experiments

FY 2022-23 · 2022-08-01

Summary
Business innovation project to experiment with sales and marketing approaches to increase the effectiveness of the firms sales funnel, including improved inbound marketing, improved European sales support, and reduced churn.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Vancouver|Vancouver, British Columbia, Canada
Recipient Type
For-profit organization
Business Number
888805629
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

Amendments

Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.

AmendmentDateFiscal YearTotal
02022-08-012022-23$220,000.00
12022-08-012022-23$220,000.00
22022-08-012022-23$220,000.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by -122 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de -122 jours.
Agreement End Date
2023-03-31
Agreement Number
993308
Agreement Start Date
2022-08-01
Agreement Title
Business Innovation - sales and marketing experiments
Agreement Title (French)
Innovation commerciale – Expériences de vente et de marketing
Agreement Type
Contribution
Agreement Value
$220,000.00
Amendment Date
2023-02-17
Amendment Number
2
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
Business innovation project to experiment with sales and marketing approaches to increase the effectiveness of the firms sales funnel, including improved inbound marketing, improved European sales support, and reduced churn.
Description (French)
Projet d'innovation commerciale visant à expérimenter des approches de vente et de marketing afin d'accroître l'efficacité de l'entonnoir de vente de l'entreprise, notamment en améliorant le marketing entrant, le soutien aux ventes en Europe et en réduisant le taux de désabonnement.
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
Vancouver East
Federal Riding (French)
Vancouver-Est
Federal Riding Number
59035
NAICS Code
519130
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
888805629
Recipient City
Vancouver|Vancouver
Recipient Country
CA
Recipient Legal Name
Lumen5 Technologies Ltd.
Recipient Postal Code
V5T 1B1
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
172-2022-2023-Q2-993308