A growing Ottawa tech company announced Monday that its research and development efforts are getting a boost from the federal government.
ProntoForms (TSX-V:PFM), which develops mobile forms for companies to collect and analyze field data, said it has struck a deal to receive up to $750,000 from the feds’ industrial research assistance program (IRAP).
Glenn Chenier, the company’s chief product officer, said in a statement that the fresh federal funding will go towards building out its platform for the enterprise market. ProntoForms has found success in recent months targeting these enterprise customers – the company reported recurring revenues of $3.3 million in the second quarter of 2019, up 33 per cent year-over-year.
OBJ360 (Sponsored)
The Ottawa Hospital’s Campaign to Create Tomorrow enters important next phase
For Ginger Bertrand, some of her earliest childhood memories in Ottawa are centred around healthcare. “I grew up across the street from what was originally the General Hospital,” she explains,
Progress can create unlikely allies
There was a time when mining exploration and the environment were like oil and water. Several years ago, I attended social impact investing conferences in America and the U.K. with
Chenier noted the IRAP funding will also allow ProntoForms to build out its R&D team over the coming years.
