Co-Efficient Precision Engineering Inc.

$74,955.00 CAD

≈ 12 months of average Canadian pay
Department
National Research Council Canada
Program
Industrial Research Assistance Program – Contributions to Firms
Recipient country
Canada
Fiscal year
2024-2025
Agreement period
October 1, 2024 – August 31, 2025
Reference
nrc-cnrc:172-2024-2025-Q3-1023177

Published purpose

To conduct a comprehensive feasibility study that evaluates the potential for transitioning our business model from purely capital equipment sales to a flexible model that includes Measuring-as-a-Service (MaaS). This study will explore both a full-service model and a hybrid model, where customers purchase the equipment but enter into ongoing service agreements for maintenance, upgrades, and performance monitoring. The study will assess market demand, customer value, financial viability, and technical feasibility, with a focus on generating recurring revenue streams that enhance long-term customer relationships and break-down barriers in the sales process.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions