Contribution: Industrial Research Assistance Program – Contributions to Firms
Rymac Technical Solutions Inc.
$75,000.00
Experimentation to Optimize Business Processes in Inventory Management
FY 2025-26 · 2025-08-07
Summary
This project will test hypotheses and experiment with new mechanisms to design (or optimize) a repeatable and scalable business process, which may result in new business methods related to inventory management.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Edmonton|Edmonton, Alberta, Canada
Recipient Type
For-profit organization
Business Number
771101730
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2026-02-21
Agreement Number
1034013
Agreement Start Date
2025-08-07
Agreement Title
Experimentation to Optimize Business Processes in Inventory Management
Agreement Title (French)
Expérimentation pour optimiser les processus commerciaux dans la gestion des stocks
Agreement Type
Contribution
Agreement Value
$75,000.00
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
This project will test hypotheses and experiment with new mechanisms to design (or optimize) a repeatable and scalable business process, which may result in new business methods related to inventory management.
Description (French)
Ce projet permettra de tester des hypothèses et d’expérimenter de nouveaux mécanismes pour concevoir (ou optimiser) un processus d’affaires reproductible et évolutif, qui pourrait déboucher sur de nouvelles méthodes commerciales liées à la gestion des stocks.
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
Edmonton Strathcona
Federal Riding (French)
Edmonton Strathcona
Federal Riding Number
48019
NAICS Code
51121
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
771101730
Recipient City
Edmonton|Edmonton
Recipient Country
CA
Recipient Legal Name
Rymac Technical Solutions Inc.
Recipient Postal Code
T6H 1Y6
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2025-2026-Q2-1034013
