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Contribution: Industrial Research Assistance Program – Contributions to Firms

Vopay International Inc.

$170,000.00

Direct Bank Payments for Online Businesses

FY 2019-20 · 2019-11-01

Summary
This project will apply new financial and data technologies to make the legacy bank to bank transfer work for online businesses in the same manner as credit cards.
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
822494035
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
02019-11-012019-20$100,000.00
12019-11-012019-20$170,000.00

As published

Additional Information
This agreement has been amended 1 time(s). The total amended value is 70,000 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La valeur totale des modifications est de 70 000 dollars.
Agreement End Date
2020-03-31
Agreement Number
938969
Agreement Start Date
2019-11-01
Agreement Title
Direct Bank Payments for Online Businesses
Agreement Title (French)
Paiements bancaires directs pour les entreprises en ligne
Agreement Type
Contribution
Agreement Value
$170,000.00
Amendment Date
2020-03-09
Amendment Number
1
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
This project will apply new financial and data technologies to make the legacy bank to bank transfer work for online businesses in the same manner as credit cards.
Description (French)
Ce projet appliquera de nouvelles technologies financières et de données pour que le transfert de l'ancienne banque à la banque fonctionne pour les entreprises en ligne de la même manière que les cartes 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
Vancouver Centre
Federal Riding (French)
Vancouver-Centre
Federal Riding Number
59034
NAICS Code
517919
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
822494035
Recipient City
Vancouver|Vancouver
Recipient Country
CA
Recipient Legal Name
Vopay International Inc.
Recipient Postal Code
V7X 1L2
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
172-2019-2020-Q3-938969