Contribution: Industrial Research Assistance Program – Contributions to Firms
Valence Discovery Inc.
$350,000.00
Foundational technologies for an automated lab that will support a new generation of AI drug discovery approaches
FY 2022-23 · 2023-02-13
Summary
The project aims to accelerate the R&D of new AI algorithms specifically adapted to the constraints of drug development and promote their deployment in real-life situations.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Laval|Laval, Quebec, Canada
Recipient Type
For-profit organization
Business Number
759660087
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2024-06-28
Agreement Number
1003052
Agreement Start Date
2023-02-13
Agreement Title
Foundational technologies for an automated lab that will support a new generation of AI drug discovery approaches
Agreement Title (French)
Technologies fondamentales pour un laboratoire automatisé qui soutiendra une nouvelle génération d’approches de découverte de médicaments par l’IA
Agreement Type
Contribution
Agreement Value
$350,000.00
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
The project aims to accelerate the R&D of new AI algorithms specifically adapted to the constraints of drug development and promote their deployment in real-life situations.
Description (French)
Le projet vise à accélérer la R-D de nouveaux algorithmes d’IA spécifiquement adaptés aux contraintes du développement de médicaments et à promouvoir leur déploiement en situation réelle.
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
Laval--Les Îles
Federal Riding (French)
Laval--Les Îles
Federal Riding Number
24040
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
759660087
Recipient City
Laval|Laval
Recipient Country
CA
Recipient Legal Name
Valence Discovery Inc.
Recipient Operating Name
Valence Discovery
Recipient Postal Code
H7R 6A9
Recipient Province or Territory
QC
Recipient Type
F
Reference Number
172-2022-2023-Q4-1003052
