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Contribution: Industrial Research Assistance Program – Contributions to Firms

Hyke Technologies Inc.

$49,735.00

HYKE Mobile App and Web Platform

FY 2020-21 · 2020-05-11

Summary
In the business to consumer market, the demand is shifting from product-centric strategies toward customer-centric approaches. Millennials and Gen Z want a customer-centric experience in which they feel wanted and valued. In order to adapt to this trend, customer acquisition strategies should be altered as well. HYKE is unique AI-driven customer acquisition, retention, and expansion platform. The company provides data analytics services for business to consumer market in order to analyze the consumers' behaviour and decision-making process for each individual. This platform is a two-sided solution for customers and businesses.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
St. John's|St. John's, Newfoundland and Labrador, Canada
Recipient Type
For-profit organization
Business Number
780120531
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
02020-05-112020-21$33,235.00
12020-05-112020-21$49,735.00

As published

Additional Information
This agreement has been amended 1 time(s). The total amended value is 16,500 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La valeur totale des modifications est de 16 500 dollars.
Agreement End Date
2021-02-28
Agreement Number
948600
Agreement Start Date
2020-05-11
Agreement Title
HYKE Mobile App and Web Platform
Agreement Title (French)
Application mobile et plate-forme Web HYKE
Agreement Type
Contribution
Agreement Value
$49,735.00
Amendment Date
2020-07-09
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
In the business to consumer market, the demand is shifting from product-centric strategies toward customer-centric approaches. Millennials and Gen Z want a customer-centric experience in which they feel wanted and valued. In order to adapt to this trend, customer acquisition strategies should be altered as well. HYKE is unique AI-driven customer acquisition, retention, and expansion platform. The company provides data analytics services for business to consumer market in order to analyze the consumers' behaviour and decision-making process for each individual. This platform is a two-sided solution for customers and businesses.
Description (French)
Sur le marché de la vente aux consommateurs, la demande passe de stratégies centrées sur le produit à des approches centrées sur le client. Les milléniaux et la génération Z veulent une expérience centrée sur le client, dans laquelle ils se sentent désirés et valorisés. Afin de s'adapter à cette tendance, les stratégies d'acquisition de clients doivent également être modifiées. HYKE est une plateforme unique d'acquisition, de fidélisation et d'expansion de la clientèle, basée sur l'intelligence artificielle. L'entreprise fournit des services d'analyse de données pour le marché des consommateurs afin d'analyser leurs comportements et le processus décisionnel de chaque individu. Cette plateforme est une solution à double volet pour les clients et les entreprises.
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
St. John's South--Mount Pearl
Federal Riding (French)
St. John's-Sud--Mount Pearl
Federal Riding Number
10007
NAICS Code
51121
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
780120531
Recipient City
St. John's|St. John's
Recipient Country
CA
Recipient Legal Name
Hyke Technologies Inc.
Recipient Operating Name
HYKE
Recipient Postal Code
A1A 1B3
Recipient Province or Territory
NL
Recipient Type
F
Reference Number
172-2020-2021-Q1-948600
Hyke Technologies Inc. - $49,735 Contribution (2020-2… | Canada Spends