Contribution: Industrial Research Assistance Program – Contributions to Firms
True Angle Medical Technologies Inc.
$75,000.00
Business Innovation – Senior Business Development Lead for Scale and Profitability
FY 2023-24 · 2023-08-01
Summary
This project will accelerate True Angle's newly launched B2B Enterprise sales strategy. The firm initially approached the US market with a Business-to-Consumer (B2C) subscription-based model, and is now focused on a Business-to-Business (B2B) model, whereby it will connect at the VP and C-suite level in large healthcare organizations that employ a large number of therapists who serve a multitude of patients across the USA. The intention is to be a partner in their drive to meet value-based health care initiatives by enabling them to provide rehabilitation that gets patients out of the hospital more quickly. This allows for cost savings, as well as revenue generation when the patient is treated at home.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Edmonton|Edmonton, Alberta, Canada
Recipient Type
For-profit organization
Business Number
729053926
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.
| Amendment | Date | Fiscal Year | Total |
|---|---|---|---|
| 0 | 2023-08-01 | 2023-24 | $60,000.00 |
| 1 | 2023-08-01 | 2023-24 | $75,000.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 60 days. The total amended value is 15,000 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 60 jours. La valeur totale des modifications est de 15 000 dollars.
Agreement End Date
2024-03-31
Agreement Number
1008326
Agreement Start Date
2023-08-01
Agreement Title
Business Innovation – Senior Business Development Lead for Scale and Profitability
Agreement Title (French)
Innovation commerciale — Prospect principal de développement commercial pour l’échelle et la rentabilité
Agreement Type
Contribution
Agreement Value
$75,000.00
Amendment Date
2023-11-14
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 accelerate True Angle's newly launched B2B Enterprise sales strategy. The firm initially approached the US market with a Business-to-Consumer (B2C) subscription-based model, and is now focused on a Business-to-Business (B2B) model, whereby it will connect at the VP and C-suite level in large healthcare organizations that employ a large number of therapists who serve a multitude of patients across the USA. The intention is to be a partner in their drive to meet value-based health care initiatives by enabling them to provide rehabilitation that gets patients out of the hospital more quickly. This allows for cost savings, as well as revenue generation when the patient is treated at home.
Description (French)
Ce projet permettra d’accélérer la nouvelle stratégie de vente B2B Enterprise de True Angle. L’entreprise a d’abord abordé le marché américain avec un modèle d’abonnement Business-to-Consumer (B2C) et se concentre maintenant sur un modèle Business-to-Business (B2B), par lequel elle se connectera au niveau V.-P et C-suite dans les grandes organisations de soins de santé qui emploient un grand nombre de thérapeutes qui servent une multitude de patients à travers les États-Unis. L’objectif est d’être un partenaire dans leurs efforts pour répondre aux initiatives de soins de santé fondés sur la valeur en leur permettant de fournir une rééducation aux patients visant à sortir plus rapidement de l’hôpital. Cela réduit ainsi les coûts et génère des revenus lorsque le patient est traité à domicile.
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
Edmonton Centre
Federal Riding (French)
Edmonton-Centre
Federal Riding Number
48014
NAICS Code
541710
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
729053926
Recipient City
Edmonton|Edmonton
Recipient Country
CA
Recipient Legal Name
True Angle Medical Technologies Inc.
Recipient Postal Code
T5K 2R5
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2023-2024-Q2-1008326
