Contribution: Industrial Research Assistance Program – Contributions to Firms
Finley Design Studio Inc.
$50,000.00
Development of Smart Payment Gateway and Material Algorithm
EF 2019-20 · 2019-06-03
Résumé
We’re building a smart payment gateway that allows for Canadian designers to pay their suppliers without incurring expensive cross border wire fees and enabling flexible payment schedules to meet the needs of SME’s. As a part of this project, we’ll be building out a smart price calculator that allows for suppliers to price out products accurately for their customers. This algorithm is based on real-time variables such as fluctuating market price of materials, their current organizational labour cost and material wastage.
Ministère
Programme
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (lien de confiance élevée)
Bénéficiaire
Emplacement
Toronto|Toronto, Ontario, Canada
Type de bénéficiaire
For-profit organization
Numéro d'entreprise
798069480
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Tel que publié
Agreement End Date
2019-10-31
Agreement Number
931153
Agreement Start Date
2019-06-03
Agreement Title
Development of Smart Payment Gateway and Material Algorithm
Agreement Title (French)
Développement d'une passerelle de paiement intelligente et d'un algorithme matériel
Agreement Type
Contribution
Agreement Value
$50,000.00
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
We’re building a smart payment gateway that allows for Canadian designers to pay their suppliers without incurring expensive cross border wire fees and enabling flexible payment schedules to meet the needs of SME’s. As a part of this project, we’ll be building out a smart price calculator that allows for suppliers to price out products accurately for their customers. This algorithm is based on real-time variables such as fluctuating market price of materials, their current organizational labour cost and material wastage.
Description (French)
Nous sommes en train de construire une passerelle de paiement intelligente qui permet aux concepteurs canadiens de payer leurs fournisseurs sans avoir à payer des frais de virement transfrontalier élevés et qui permet des calendriers de paiement flexibles pour répondre aux besoins des PME. Dans le cadre de ce projet, nous mettrons au point un calculateur de prix intelligent qui permettra aux fournisseurs d'établir des prix précis pour leurs clients. Cet algorithme est basé sur des variables en temps réel telles que la fluctuation du prix des matériaux dans le marché, leur coût de main-d'œuvre organisationnel actuel et le gaspillage de matériaux.
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
Beaches--East York
Federal Riding (French)
Beaches--East York
Federal Riding Number
35007
NAICS Code
448310
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
798069480
Recipient City
Toronto|Toronto
Recipient Country
CA
Recipient Legal Name
Finley Design Studio Inc.
Recipient Postal Code
M4C 4Y2
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2019-2020-Q2-931153
