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Contribution: Industrial Research Assistance Program – Youth Employment Program

Cohesic Inc.

$23,400.00

Financial Modelling for Support of Product Planning and Customer Economic Benefit

FY 2021-22 · 2021-09-01

Summary
Cohesic is growing its international customer base and its product portfolio. They have a need to refine their financial models and market analysis in order to help make decisions on which product modules and features should be prioritized in order to maximize revenue growth. They also need to produce tools that help prospective customers in multiple countries estimate the return on investment for using their products. In this project their financial model will be adapted into a more flexible framework to answer specific questions important for business planning. In the second part of this project, the current preliminary customer ROI models will be refined and expanded to meet the needs of their main markets.
Program
Industrial Research Assistance Program – Youth Employment Program
Recipient
Location
Calgary|Calgary, Alberta, Canada
Recipient Type
For-profit organization
Business Number
813631991
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Agreement End Date
2022-02-28
Agreement Number
974078
Agreement Start Date
2021-09-01
Agreement Title
Financial Modelling for Support of Product Planning and Customer Economic Benefit
Agreement Title (French)
Modélisation financière à l'appui de la planification des produits et des avantages économiques pour les clients
Agreement Type
Contribution
Agreement Value
$23,400.00
Amendment Number
0
Coverage
IRAP Youth Employment Program projects stimulate wealth creation for Canada through technological innovation. | Les projets du Programme Emploi-jeunesse du PARI stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
Cohesic is growing its international customer base and its product portfolio. They have a need to refine their financial models and market analysis in order to help make decisions on which product modules and features should be prioritized in order to maximize revenue growth. They also need to produce tools that help prospective customers in multiple countries estimate the return on investment for using their products. In this project their financial model will be adapted into a more flexible framework to answer specific questions important for business planning. In the second part of this project, the current preliminary customer ROI models will be refined and expanded to meet the needs of their main markets.
Description (French)
Cohesic accroît sa clientèle internationale et son portefeuille de produits. Elle a besoin d'affiner ses modèles financiers et ses analyses de marché afin d'aider à prendre des décisions sur les modules et les caractéristiques des produits à privilégier pour maximiser la croissance des revenus. L'entreprise a également besoin de produire des outils qui aident les clients potentiels dans plusieurs pays à estimer le retour sur investissement pour l'utilisation de leurs produits. Dans ce projet, le modèle financier sera adapté dans un cadre plus flexible pour répondre à des questions précises importantes pour la planification des activités. Dans la deuxième partie de ce projet, les modèles préliminaires actuels de retour sur investissement des clients seront affinés et développés pour répondre aux besoins de leurs principaux marchés.
Expected Results
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Expected Results (French)
Le Programme Emploi-jeunesse du PARI contribue à accroître le bassin de personnes hautement qualifiées, fait la promotion des études supérieures, démontre le leadership fédéral grâce aux investissements effectués dans l’acquisition des compétences requises pour répondre aux besoins de l’économie du savoir et facilite la transition des jeunes hautement qualifiés vers un marché du travail en évolution rapide.
Federal Riding
Calgary Centre
Federal Riding (French)
Calgary-Centre
Federal Riding Number
48004
NAICS Code
511211
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Youth Employment Program
Program Name (French)
Programme d’aide à la recherche industrielle – Programme emploi jeunesse
Program Purpose
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Program Purpose (French)
Le Programme Emploi-jeunesse du PARI contribue à accroître le bassin de personnes hautement qualifiées, fait la promotion des études supérieures, démontre le leadership fédéral grâce aux investissements effectués dans l’acquisition des compétences requises pour répondre aux besoins de l’économie du savoir et facilite la transition des jeunes hautement qualifiés vers un marché du travail en évolution rapide.
Recipient Business Number
813631991
Recipient City
Calgary|Calgary
Recipient Country
CA
Recipient Legal Name
Cohesic Inc.
Recipient Postal Code
T2H 2L8
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2021-2022-Q2-974078
Cohesic Inc. - $23,400 Contribution (2021-22) | Canada Spends