Canada Spends Logo

Explore our Budget 2026 analysis

Contribution: Industrial Research Assistance Program – Contributions to Organizations

Sheridan College Institute of Technology and Advanced Learning

$579,940.00

Using Virtual and Augmented Reality Applications to increase productivity and growth of small and medium businesses.

FY 2020-21 · 2020-07-15

Summary
In the current proposal, SIRT and MRC Studio are seeking funding to assist and prepare small and medium enterprises to be able to develop and integrate augmented reality and virtual reality applications for their business environments. With the projected growth of global virtual and augmented reality markets (VR and AR), technology, services, and solutions companies throughout multiple sectors are grappling with how to expand their businesses through creation of an innovative market niche within VR and AR. This includes media and entertainment, IT, health services, retailers, live event, and education and training companies to name just a few. Though larger organizations are adopting AR and VR, small and medium enterprises (SMEs) face barriers such as lack of awareness, expertise, and resources to develop these environments. There are multiple sectors that we will be addressing but some of the highlighted ones will be lm, television and gaming as well as IT and Healthcare, which will be getting benefit at all stages of the research and commercialization spectrum through this collaboration. MRC Studio and SIRT will work with the companies to develop AR/VR solutions to ensure how Canada’s SMEs can take advantage of market opportunities in these areas.
Program
Industrial Research Assistance Program – Contributions to OrganizationsIndustrial Research Assistance Program-Contributions to Organizations (linked with high confidence)
Location
Oakville|Oakville, Ontario, Canada
Recipient Type
Not-for-profit organization or charity
Business Number
107976565
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
02020-07-152020-21$100,000.00
32020-07-152020-21$329,940.00
62020-07-152020-21$579,940.00

As published

Additional Information
This agreement has been amended 2 time(s). The total amended value is 250,000 dollars.
Additional Information (French)
Cet accord a été modifié 2 fois La valeur totale des modifications est de 250 000 dollars.
Agreement End Date
2022-03-31
Agreement Number
953564
Agreement Start Date
2020-07-15
Agreement Title
Using Virtual and Augmented Reality Applications to increase productivity and growth of small and medium businesses.
Agreement Title (French)
Utilisation des applications de réalité virtuelle et augmentée pour accroître la productivité et la croissance des petites et moyennes entreprises
Agreement Type
Contribution
Agreement Value
$579,940.00
Amendment Date
2021-11-22
Amendment Number
6
Coverage
IRAP Contributions to Organizations projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux organismes stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
In the current proposal, SIRT and MRC Studio are seeking funding to assist and prepare small and medium enterprises to be able to develop and integrate augmented reality and virtual reality applications for their business environments. With the projected growth of global virtual and augmented reality markets (VR and AR), technology, services, and solutions companies throughout multiple sectors are grappling with how to expand their businesses through creation of an innovative market niche within VR and AR. This includes media and entertainment, IT, health services, retailers, live event, and education and training companies to name just a few. Though larger organizations are adopting AR and VR, small and medium enterprises (SMEs) face barriers such as lack of awareness, expertise, and resources to develop these environments. There are multiple sectors that we will be addressing but some of the highlighted ones will be lm, television and gaming as well as IT and Healthcare, which will be getting benefit at all stages of the research and commercialization spectrum through this collaboration. MRC Studio and SIRT will work with the companies to develop AR/VR solutions to ensure how Canada’s SMEs can take advantage of market opportunities in these areas.
Description (French)
Dans la présente proposition, SIRT and MRC Studio recherchent un financement pour aider et préparer les petites et moyennes entreprises à être capables de mettre au point et d'intégrer des applications de réalité augmentée et de réalité virtuelle pour leurs environnements commerciaux. Avec la croissance prévue des marchés mondiaux de la réalité virtuelle et de la réalité augmentée (RV et RA), les entreprises de technologie, de services et de solutions de multiples secteurs se demandent comment développer leurs activités en créant un créneau commercial innovant au sein de la RV et de la RA. Ces secteurs comprennent les médias et le divertissement, les technologies de l'information, les services de santé, les détaillants, les événements en direct et les entreprises d'éducation et de formation, pour n'en citer que quelques-uns. Bien que les grandes organisations adoptent la RA et la RV, les petites et moyennes entreprises (PME) se heurtent à des obstacles tels que le manque de sensibilisation, d'expertise et de ressources pour développer ces environnements. Nous nous intéresserons à de nombreux secteurs, mais certains des secteurs mis en évidence seront la télévision et les jeux, ainsi que les technologies de l'information et les soins de santé, qui bénéficieront de cette collaboration à tous les stades de la recherche et de la commercialisation. SIRT and MCR Studios travailleront avec les entreprises pour élaborer des solutions de RA/RV afin de s'assurer que les PME canadiennes puissent tirer profit des possibilités de marché dans ces domaines.
Expected Results
The purpose of IRAP Contributions to Organizations is to support Organizations in building and integrating the innovation capacity in Canada for the benefit of Firms in Canada, primarily SMEs and to support Organizations in providing innovation assistance services to SMEs in Canada.
Expected Results (French)
Le PARI, par le biais des Contributions aux organismes, vise à soutenir les organismes en les aidant à construire et à intégrer leur capacité d’innovation au Canada au bénéfice des entreprises canadiennes, et plus particulièrement des PME et à aider les organismes à offrir des services d’aide à l’innovation aux PME au Canada.
Federal Riding
Oakville
Federal Riding (French)
Oakville
Federal Riding Number
35072
NAICS Code
611210
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Organizations
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux organismes
Program Purpose
The purpose of IRAP Contributions to Organizations is to support Organizations in building and integrating the innovation capacity in Canada for the benefit of Firms in Canada, primarily SMEs and to support Organizations in providing innovation assistance services to SMEs in Canada.
Program Purpose (French)
Le PARI, par le biais des Contributions aux organismes, vise à soutenir les organismes en les aidant à construire et à intégrer leur capacité d’innovation au Canada au bénéfice des entreprises canadiennes, et plus particulièrement des PME et à aider les organismes à offrir des services d’aide à l’innovation aux PME au Canada.
Recipient Business Number
107976565
Recipient City
Oakville|Oakville
Recipient Country
CA
Recipient Legal Name
Sheridan College Institute of Technology and Advanced Learning
Recipient Operating Name
Screen Industries Research Training Center
Recipient Postal Code
L6J 7T8
Recipient Province or Territory
ON
Recipient Type
N
Reference Number
172-2020-2021-Q2-953564