Contribution: Industrial Research Assistance Program – Contributions to Firms
Inter-Val Inc.
$400,000.00
Predictive Valuation
FY 2022-23 · 2022-06-01
Summary
InterVal is undertaking a project to develop a tool that will provide predictive future-state valuations for SMB’s, allowing business owners to fully understand their current trajectory (and what is impacting it). The tool will also allow the user to enter a desired end-state (valuation and timing) and then chart a course for the business that would allow them to benchmark their progress into the future.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
London|London, Ontario, Canada
Recipient Type
For-profit organization
Business Number
718369515
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 | 2022-06-01 | 2022-23 | $250,000.00 |
| 1 | 2022-06-01 | 2022-23 | $400,000.00 |
| 2 | 2022-06-01 | 2022-23 | $400,000.00 |
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
2023-07-31
Agreement Number
992673
Agreement Start Date
2022-06-01
Agreement Title
Predictive Valuation
Agreement Title (French)
Évaluation prédictive
Agreement Type
Contribution
Agreement Value
$400,000.00
Amendment Date
2023-01-19
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
InterVal is undertaking a project to develop a tool that will provide predictive future-state valuations for SMB’s, allowing business owners to fully understand their current trajectory (and what is impacting it). The tool will also allow the user to enter a desired end-state (valuation and timing) and then chart a course for the business that would allow them to benchmark their progress into the future.
Description (French)
InterVal entreprend un projet visant à mettre au point un outil qui fournira des évaluations prédictives de l'état futur des PME, permettant aux propriétaires d'entreprises de comprendre pleinement leur trajectoire actuelle (et ce qui l'affecte). L'outil permettra également à l'utilisateur de saisir un état final souhaité (évaluation et calendrier), puis de tracer une trajectoire pour l'entreprise qui lui permettra d'évaluer ses progrès dans le futur.
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
London West
Federal Riding (French)
London-Ouest
Federal Riding Number
35053
NAICS Code
5112
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
718369515
Recipient City
London|London
Recipient Country
CA
Recipient Legal Name
Inter-Val Inc.
Recipient Operating Name
InterVal
Recipient Postal Code
N6K 1M6
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2022-2023-Q2-992673