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Contribution: Industrial Research Assistance Program – Contributions to Firms

Wattch Fitness Inc.

$100,000.00

Connected exercise bike MVP and Market Validation

FY 2022-23 · 2022-07-14

Summary
The project will enable the company to develop a minimum viable product (MVP) with a fitness overlay for connected exercise equipment, and engage and validate with a test community.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Vancouver|Vancouver, British Columbia, Canada
Recipient Type
For-profit organization
Business Number
779452606
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
02022-07-142022-23$100,000.00
12022-07-142022-23$100,000.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 59 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 59 jours.
Agreement End Date
2023-03-31
Agreement Number
993792
Agreement Start Date
2022-07-14
Agreement Title
Connected exercise bike MVP and Market Validation
Agreement Title (French)
PMV d'un vélo d'exercice connecté et validation du marché
Agreement Type
Contribution
Agreement Value
$100,000.00
Amendment Date
2022-11-30
Amendment Number
1
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 project will enable the company to develop a minimum viable product (MVP) with a fitness overlay for connected exercise equipment, and engage and validate with a test community.
Description (French)
Le projet permettra à l'entreprise de développer un produit minimum viable (PMV) avec une superposition de mise en forme pour les équipements d'exercice connectés, et de s'engager et de valider avec une communauté de mise à l'essai.
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
Vancouver Centre
Federal Riding (French)
Vancouver-Centre
Federal Riding Number
59034
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
779452606
Recipient City
Vancouver|Vancouver
Recipient Country
CA
Recipient Legal Name
Wattch Fitness Inc.
Recipient Operating Name
Wattch
Recipient Postal Code
V6C 2G8
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
172-2022-2023-Q2-993792