Contribution: Industrial Research Assistance Program – Contributions to Firms
Sift Med Inc.
$350,000.00
Investigate and develop application of logic engine to document content
FY 2024-25 · 2025-01-01
Summary
The goal of this project is to establish new world-class document analytics with extremely high accuracy that can empower professionals to identify facts and gather key information from documents so that they can more easily make quick and accurate decisions.
SiftMed’s AI-based document analytics will classify documents and extract structured information to power investigative tools that provide meaningful insight into the content of medical documents.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
St. John's|St. John's, Newfoundland and Labrador, Canada
Recipient Type
For-profit organization
Business Number
724083076
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2025-04-30
Agreement Number
1028606
Agreement Start Date
2025-01-01
Agreement Title
Investigate and develop application of logic engine to document content
Agreement Title (French)
Étudier et développer l’application d’un moteur logique pour documenter le contenu
Agreement Type
Contribution
Agreement Value
$350,000.00
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
The goal of this project is to establish new world-class document analytics with extremely high accuracy that can empower professionals to identify facts and gather key information from documents so that they can more easily make quick and accurate decisions.
SiftMed’s AI-based document analytics will classify documents and extract structured information to power investigative tools that provide meaningful insight into the content of medical documents.
Description (French)
L’objectif de ce projet est de mettre en place une nouvelle analyse documentaire de classe mondiale avec une précision extrêmement élevée qui peut permettre aux professionnels d’identifier les faits et de recueillir des informations clés à partir de documents afin qu’ils puissent plus facilement prendre des décisions rapides et précises. L’analyse documentaire basée sur l’IA de SiftMed classera les documents et extraira des informations structurées pour alimenter des outils d’investigation qui fournissent un aperçu significatif du contenu des documents médicaux.
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 East
Federal Riding (French)
St. John's-Est
Federal Riding Number
10006
NAICS Code
511211
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
724083076
Recipient City
St. John's|St. John's
Recipient Country
CA
Recipient Legal Name
Sift Med Inc.
Recipient Operating Name
Sift Med Inc
Recipient Postal Code
A1C 1S9
Recipient Province or Territory
NL
Recipient Type
F
Reference Number
172-2024-2025-Q4-1028606