Contribution: Industrial Research Assistance Program – Contributions to Firms
MICC Financial Inc.
$116,000.00
SMB Loan Application Process with Multiagent AI
FY 2025-26 · 2025-08-01
Summary
Woveo is a Lending-as-a-Service platform enhancing credit access for underserved small businesses through social collateral and AI-driven cash flow insights. This project will enhance their workflow and risk model using Agentic AI.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Calgary|Calgary, Alberta, Canada
Recipient Type
For-profit organization
Business Number
749000477
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2026-04-30
Agreement Number
1033443
Agreement Start Date
2025-08-01
Agreement Title
SMB Loan Application Process with Multiagent AI
Agreement Title (French)
Processus de demande de prêt pour les PME avec IA multi-agents
Agreement Type
Contribution
Agreement Value
$116,000.00
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
Woveo is a Lending-as-a-Service platform enhancing credit access for underserved small businesses through social collateral and AI-driven cash flow insights. This project will enhance their workflow and risk model using Agentic AI.
Description (French)
Woveo est une plateforme de prêt en tant que service qui améliore l’accès au crédit pour les petites entreprises mal desservies grâce à des garanties sociales et à des informations sur les flux de trésorerie basées sur l’IA. Ce projet permettra d’améliorer leur flux de travail et leur modèle de risque à l’aide de l’IA agentique.
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
Calgary Centre
Federal Riding (French)
Calgary-Centre
Federal Riding Number
48004
NAICS Code
523990
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
749000477
Recipient City
Calgary|Calgary
Recipient Country
CA
Recipient Legal Name
MICC Financial Inc.
Recipient Operating Name
Woveo
Recipient Postal Code
T2P 1B4
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2025-2026-Q2-1033443
