Contribution: Industrial Research Assistance Program – Contributions to Firms
SXNM SuccessionMatching Ltd.
$41,000.00
Development of Internal Capacity for Delivery of Scaled up Succession Planning Services
FY 2018-19 · 2019-01-14
Summary
The Canadian Federation of Independent Business report released in Nov. 2018 titled “Getting the Transition Right,” states that 72% of SME business owners representing an estimated $1.5 trillion in assets are looking to transition ownership within the next ten years, yet only 8% of them have a formally written succession plan.
This project will enable SXMN to formalize a succession planning methodology and help the firm to build capacity to deliver these services.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Weyburn|Weyburn, Saskatchewan, Canada
Recipient Type
For-profit organization
Business Number
833476104
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2019-05-31
Agreement Number
919390
Agreement Start Date
2019-01-14
Agreement Title
Development of Internal Capacity for Delivery of Scaled up Succession Planning Services
Agreement Title (French)
Développement des capacités internes pour la prestation de services de planification de succession à plus grande échelle
Agreement Type
Contribution
Agreement Value
$41,000.00
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 Canadian Federation of Independent Business report released in Nov. 2018 titled “Getting the Transition Right,” states that 72% of SME business owners representing an estimated $1.5 trillion in assets are looking to transition ownership within the next ten years, yet only 8% of them have a formally written succession plan.
This project will enable SXMN to formalize a succession planning methodology and help the firm to build capacity to deliver these services.
Description (French)
Le rapport de la Fédération canadienne de l'entreprise indépendante, publié en novembre 2018, intitulé « Réussir la transition », indique que 72% des propriétaires de PME qui représentent un actif estimé à 1,5 billion de dollars cherchent à changer de propriétaires au cours des dix prochaines années, mais seulement 8% d'entre eux ont un plan de succession formellement écrit. Ce projet permettra à SXMN de formaliser une méthodologie de planification de succession et aidera le cabinet à renforcer ses capacités pour fournir ces services.
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
Souris--Moose Mountain
Federal Riding (French)
Souris--Moose Mountain
Federal Riding Number
47013
NAICS Code
541611
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
833476104
Recipient City
Weyburn|Weyburn
Recipient Country
CA
Recipient Legal Name
SXNM SuccessionMatching Ltd.
Recipient Postal Code
S4H 1S8
Recipient Province or Territory
SK
Recipient Type
F
Reference Number
172-2018-2019-Q4-919390
