Contribution: Industrial Research Assistance Program – Contributions to Firms
12258706 CANADA INC
$323,501.00
Expansion and Platform Optimization for AI-Powered Healthcare Procurement
FY 2025-26 · 2025-04-01
Summary
This project will enhances MedReddie's AI procurement platform for the global healthcare market. Expansion into international markets will refine scalability and optimize buyer/supplier portals.
MedReddie AI streamlines medical procurement, saving 250+ hours/project and potentially millions in reduced procurement costs for the health sector.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Saint John|Saint John, New Brunswick, Canada
Recipient Type
For-profit organization
Business Number
718890536
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 | 2025-04-01 | 2025-26 | $273,501.00 |
| 1 | 2025-04-01 | 2025-26 | $323,501.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The total amended value is 50,000 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La valeur totale des modifications est de 50 000 dollars.
Agreement End Date
2026-03-31
Agreement Number
1029286
Agreement Start Date
2025-04-01
Agreement Title
Expansion and Platform Optimization for AI-Powered Healthcare Procurement
Agreement Title (French)
Expansion et optimisation de la plateforme pour l’approvisionnement en soins de santé basé sur l’IA
Agreement Type
Contribution
Agreement Value
$323,501.00
Amendment Date
2025-08-05
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 enhances MedReddie's AI procurement platform for the global healthcare market. Expansion into international markets will refine scalability and optimize buyer/supplier portals.
MedReddie AI streamlines medical procurement, saving 250+ hours/project and potentially millions in reduced procurement costs for the health sector.
Description (French)
Ce projet améliorera la plateforme d’approvisionnement basée sur l’IA de MedReddie pour le marché mondial des soins de santé. L’expansion sur les marchés internationaux permettra d’affiner l’évolutivité et d’optimiser les portails acheteurs/fournisseurs. MedReddie AI rationalise l’approvisionnement médical, permettant d’économiser plus de 250 heures par projet et potentiellement des millions de dollars en coûts d’approvisionnement pour le secteur de la santé.
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
Saint John--Rothesay
Federal Riding (French)
Saint John--Rothesay
Federal Riding Number
13009
NAICS Code
51913
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
718890536
Recipient City
Saint John|Saint John
Recipient Country
CA
Recipient Legal Name
12258706 CANADA INC
Recipient Operating Name
Med Reddie
Recipient Postal Code
E2K 2J6
Recipient Province or Territory
NB
Recipient Type
F
Reference Number
172-2025-2026-Q1-1029286
