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Contribution: Industrial Research Assistance Program – Contributions to Firms

Norima Consulting Inc.

$800,000.00

Beta version of the Sali financial virtual assistant system

FY 2023-24 · 2023-04-01

Summary
The Sali system will be a virtual wholesaler supporting sales of financial products via advisors. The system will achieve the same results as a traditional sales and marketing team with lower operating costs, improving margins so providers can sell higher volume, lower margin products which would otherwise not be viable.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Winnipeg|Winnipeg, Manitoba, Canada
Recipient Type
For-profit organization
Business Number
862921384
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
02023-04-012023-24$400,000.00
12023-04-012023-24$800,000.00
22023-04-012023-24$800,000.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 31 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 31 jours.
Agreement End Date
2025-03-31
Agreement Number
1004739
Agreement Start Date
2023-04-01
Agreement Title
Beta version of the Sali financial virtual assistant system
Agreement Title (French)
Version bêta du système d’assistant virtuel financier Sali
Agreement Type
Contribution
Agreement Value
$800,000.00
Amendment Date
2025-02-04
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
The Sali system will be a virtual wholesaler supporting sales of financial products via advisors. The system will achieve the same results as a traditional sales and marketing team with lower operating costs, improving margins so providers can sell higher volume, lower margin products which would otherwise not be viable.
Description (French)
Le système Sali sera un grossiste virtuel qui soutiendra les ventes de produits financiers par l’intermédiaire de conseillers. Le système permettra d’obtenir les mêmes résultats qu’une équipe de vente et de marketing traditionnelle, tout en réduisant les coûts d’exploitation et en améliorant les marges, de sorte que les fournisseurs pourront vendre des produits à volume plus élevé et à marge plus faible, ce qui ne serait pas viable autrement.
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
Winnipeg Centre
Federal Riding (French)
Winnipeg-Centre
Federal Riding Number
46011
NAICS Code
541514
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
862921384
Recipient City
Winnipeg|Winnipeg
Recipient Country
CA
Recipient Legal Name
Norima Consulting Inc.
Recipient Operating Name
Norima
Recipient Postal Code
R3C 0A5
Recipient Province or Territory
MB
Recipient Type
F
Reference Number
172-2023-2024-Q1-1004739