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Contribution: Industrial Research Assistance Program – Contributions to Firms

Insight Medbotics Incorporated

$100,000.00

Development of robotic arm for prostate biopsy

FY 2024-25 · 2024-05-15

Summary
Insight Medbotics is developing a robotic system that can significantly improve the efficiencies, reduce the procedure time, and improve the accessibility of MR-guided prostate biopsies.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Hamilton|Hamilton, Ontario, Canada
Recipient Type
For-profit organization
Business Number
738803493
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Agreement End Date
2025-03-31
Agreement Number
1020128
Agreement Start Date
2024-05-15
Agreement Title
Development of robotic arm for prostate biopsy
Agreement Title (French)
Développement d’un bras robotisé pour la biopsie de la prostate
Agreement Type
Contribution
Agreement Value
$100,000.00
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
Insight Medbotics is developing a robotic system that can significantly improve the efficiencies, reduce the procedure time, and improve the accessibility of MR-guided prostate biopsies.
Description (French)
Insight Medbotics développe un système robotique qui peut améliorer de manière significative l’efficacité, réduire la durée de la procédure et améliorer l’accessibilité des biopsies de la prostate guidées par RM.
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
Hamilton Centre
Federal Riding (French)
Hamilton-Centre
Federal Riding Number
35035
NAICS Code
3391
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
738803493
Recipient City
Hamilton|Hamilton
Recipient Country
CA
Recipient Legal Name
Insight Medbotics Incorporated
Recipient Postal Code
L8N 1Y3
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2024-2025-Q2-1020128
Insight Medbotics Incorporated - $100,000 Contributio… | Canada Spends