Profound Impact and AI Partnerships Announce Strategic Partnership

FOR IMMEDIATE RELEASE

PROFOUND IMPACT AND AI PARTNERSHIPS ANNOUNCE STRATEGIC PARTNERSHIP TO ADVANCE THE CANADIAN AI ECOSYSTEM

Strategic partnership aims to bring new sources of grants and industry partnerships to AI research projects.

TORONTO, ON | April 25, 2024 — Profound Impact™ Corporation (“Profound Impact”), a technology company that has developed an AI-powered researcher-to-funding matching platform, and AI Partnerships Corporation (“AIP”), an affiliate network of Artificial Intelligence (AI) solutions providers and researchers, announce their strategic partnership aimed at efficiently and effectively matching available grant funding with AI-focused companies and researchers looking for non-dilutive project funding.

“Our robust AI-driven platform, Research Impact, uses proprietary and patented AI-powered algorithms to match industry and academic researchers to grant funding in an automatic, targeted and timely manner,” said Sherry Shannon-Vanstone, President & CEO of Profound Impact. “We are excited to partner with AIP as this provides an opportunity for AIP’s affiliate network to add their AI-based research projects to Research Impact’s database and engage with the platform.

“At AIP, we have over 80 Canadian companies in our Affiliate Network and approximately  130 worldwide Affiliates, all engaged in providing SaaS-based AI services or products,” said Dr. Tom Corr, cofounder and CEO of AI Partnerships Corporation. “Our strategic partnership with Profound Impact will allow our Affiliate Network to discover additional funding, as well as the possibility of finding a research partner for their projects.”

The partnership also provides the opportunity for the development and facilitation of interactions and collaboration with industry and academic institutions who are already working with or interested in AI. 

Through the partnership, both organizations will continue to promote the Canadian AI technology ecosystem, increasing their own presence in the robust AI marketplace and concurrently supporting the growth of Canadian AI companies. Additionally, with AIP’s worldwide reach, this partnership will provide the opportunity for an increased impact on the AI ecosystems in the US and globally.

ABOUT PROFOUND IMPACT™ CORPORATION 

Based in the Toronto-Waterloo technology corridor, Profound Impact’s AI-powered platform – Research Impact – helps academic and industry researchers find the perfect funding match. With over $300 Billion in research funding opportunities, 100,000s industry partners and 25 Million researchers globally, finding the optimal grant for academic and industry innovators is often overwhelming and unnecessarily time-consuming. More than just a search engine, Research Impact offers automatic, targeted and timely matching. Profound Impact’s customers include top North American research institutions, universities and industry partners. CEO and Founder Sherry Shannon-Vanstone is a serial technology entrepreneur with an unparalleled track record. She has had five successful start-ups and exits in Silicon Valley and Canada, including two IPOs and acquisitions. To learn more, visit www.profoundimpact.com

For Profound Impact media inquiries, please contact:

Alex Hebert

Durrell Communications

alexh@durrellcomm.com

media@profoundimpact.com

Connect with Profound Impact: 

Facebook: @aprofoundimpact

Instagram: @aprofoundimpact 

LinkedIn: Profound Impact Corporation

Twitter: @aprofoundimpact

YouTube: @profoundimpactcorporation

ABOUT AI PARTNERSHIPS CORPORATION 

AI Partnerships Corp. matches small to medium businesses or enterprises with an Affiliate Network of 130+ companies experienced in delivering Artificial Intelligence and Machine Learning-powered solutions to solve various business needs. Whether it is a specific task that needs to be automated to increase revenue or a robust set of processes that reduce costs. Together, AIP and its Affiliates develop  winning strategies for enterprise customers in the Finance, Manufacturing, Healthcare, Retail, Sales and Marketing, Data Science, and other sectors. Learn more at www.aipartnershipscorp.com.

For AI Partnership Corp. media inquiries, please contact:

AIP Marketing

info@aipartnershipscorp.com

Connect with AIP:

LinkedIn: AI Partnerships Corp.

YouTube:@AIPartnershipsCorp

Twitter: @AIPartnerships

CEO Message

The first few weeks of 2024 have been busy as the Profound Impact team continues to work with universities and colleges and industry partners across Canada to deploy our AI-powered Research Impact tool, which matches researchers with the best research funding opportunities in their field and helps find industry partners to support successful grant applications. Through our innovative new partnership with CS-Can|Info-Can, the first of a series of collaborations with researchers across Canada, Profound Impact is providing CS-Can|Info-Can member Computer Science departments and researchers with free evaluations of Research Impact. Interested in learning more about Research Impact? You can view a video here or sign up for a live demonstration during one of the bi-weekly Demo Days that the Profound Impact team will be presenting throughout 2024.

I was pleased to share my insights on building Profound Impact’s team and our successful and healthy small business culture in the Grow a Small Business podcast. Profound Impact and my work were also featured in an edition of Women’s Biz podcast, where I talked about my journey in information security, my role in commercializing Elliptic Curve Cryptography, and the inspiration behind founding Profound Impact.

In August of 2023, Profound Impact announced the successful close of a $3.125 million pre-seed funding round of nearly all female investors, including many first-time angel investors. Inspired by this achievement, I joined forces with Profound Impact board chair Deborah Rosati and Lara Zink, VP of Client Service and Development at Delaney Capital Management, to create Women Funding Women Inc. (WFW). This collective, which challenges the status quo in the venture capital world and with first-time female angel investors by breaking barriers and building bridges for a more inclusive investment community, will launch in Toronto on February 7. You can read more about how WFW plans to change the VC landscape in Disruption Magazine’s recent article.

In this month’s Impact Story, you’ll meet WFW co-founder Lara Zink and learn more about her journey from working as a political aide to a successful career in finance. In our Researcher Spotlight, we profile Dr. Luigi Benedicenti, Professional Engineer, researcher and Dean of the Faculty of Computer Science at the University of New Brunswick, whose career took him from Genoa, Italy to Regina, Saskatchewan to Atlantic Canada.

We hope you enjoy this month’s edition of Profound Connections!

Sherry Shannon-Vanstone

PARTNERSHIP TO TRANSFORM COMPUTER SCIENCE RESEARCH FUNDING IN CANADA

FOR IMMEDIATE RELEASE

A recent partnership between CS-Can|Info-Can and tech startup Profound Impact creates the potential for Computer Science researchers to access new sources of funding.

WATERLOO, ON | JANUARY 23, 2024 Profound Impact™ Corporation, a technology company based in the Toronto-Waterloo corridor, is excited to announce its partnership with CS-Can|Info-Can, an organization with over 60 member Computer Science departments across Canada that aims to foster excellence in Computer Science research and higher education. 

As part of this partnership, Profound Impact will provide CS-Can|Info-Can member Computer Science departments and researchers with free evaluations of Research Impact, Profound Impact’s AI-driven researcher to funding matching tool. Research Impact uses proprietary AI-powered algorithms to match industry and academic researchers with the over $300-billion available in funding opportunities worldwide.

“We are thrilled to embark on this transformative partnership with Profound Impact™ Corporation, as it signifies a significant stride forward for our CS-Can|Info-Can members. Profound Impact’s commitment to providing free evaluations of Research Impact, their cutting-edge AI-driven researcher-to-funding matching tool, aligns perfectly with our mission to foster excellence in Computer Science research and higher education across Canada. This collaboration opens doors for our member Computer Science departments and researchers, addressing the funding challenges that often hinder the expansion of vital research initiatives. We believe this partnership marks the beginning of a fruitful series of collaborations, empowering our members to achieve their funding goals and contribute to the advancement of Computer Science research in Canada.” says Gina van Dalen, Executive Director CS-Can|Info-Can.

This partnership with CS-Can|Info-Can is the first of a series of collaborations with researchers across Canada as Profound Impact works with industry leaders and researchers to initiate new research funding connections to help Canadian research institutions and their partners meet their funding goals.

“Computer Science research drives technological innovation. Yet many researchers and departments struggle to find funding to continue and expand their research,” says Profound Impact President & CEO, Dr. Sherry Shannon-Vanstone. “We are excited to offer this solution to the CS-Can|Info-Can membership. We all succeed when researchers get the funding they need to continue to innovate.”

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ABOUT PROFOUND IMPACT CORPORATION 

Based in the Toronto-Waterloo technology corridor, Profound Impact’s AI-powered tool – Research Impact – helps academic and industry researchers find the perfect funding match. With over $300 Billion in research funding opportunities, 100,000s industry partners and 8.8 Million researchers globally, finding the optimal grant for academic and industry innovators is often overwhelming and unnecessarily time-consuming.  More than just a search engine, Research Impact offers automatic, targeted and timely matching.  Profound Impact’s customers include top North American research institutions, universities and industry partners.  CEO and Founder Sherry Shannon-Vanstone is a serial technology entrepreneur with an unparalleled track record.  She has had five successful start-ups and exits in Silicon Valley and Canada, including two IPOs and acquisitions.    

About CS-Can|Info-Can

CS-Can|Info-Can counts among its members more than 60 Canadian organizations active in computing research: academic departments of computer science and computer engineering; laboratories and centres in industry, government, and academia; and affiliated professional societies. CS-Can|Info-Can works with these organizations to represent the computing research community and to effect change that benefits both computing research and society at large.

Visit us at www.profoundimpact.com

Connect with us at 

Facebook: @aprofoundimpact

Instagram: @aprofoundimpact 

LinkedIn: Profound Impact Corporation

Twitter: @aprofoundimpact

YouTube: @profoundimpactcorporation

For media inquiries, please contact:

Durrell Communications

media@profoundimpact.com 

CEO Message

Happy 2024!

Profound Impact is excited to start the new year with the announcement of a new partnership with CS-Can|Info-Can, a professional organization representing more than 60 Computer Science departments and faculties across Canada.

CS-Can|Info-Can and Profound Impact worked together in 2023 to produce two webinars on researcher and industry collaboration. Recordings of those webinars are available for viewing here.

This new partnership provides an exciting benefit to the CS-Can|Info-Can members – a free evaluation of Research Impact, which uses advanced AI to match researchers with the best research funding opportunities in their field and helps find industry partners to support successful grant applications.

Would you like to see Research Impact in action? You can view a video here or sign up for a live demonstration during one of the bi-weekly Demo Days that the Profound Impact team will be presenting throughout 2024.

This month, we’re proud to present profiles of two 2023 Impactful Action Award finalists. These finalists exemplify what it means to make a profound impact in the world, and we are honoured to share their stories. You’ll meet Leigh Zachary Bursey, an activist, journalist, former three-term politician, singer-songwriter, recording artist, and author, and Lynn Smith, a proud member of the Peavine Métis Settlement who is leading her northern community through a significant change to take control over monitoring the impact of climate change on their land and waterways.

The Profound Impact team is excited about our plans for 2024 and looks forward to sharing those with you. Enjoy this month’s edition of Profound Connections and best wishes for a productive and happy new year!

Sherry Shannon-Vanstone

CS-CAN|INFO-CAN and Profound Impact Announce New Partnership Offering Research Impact to CS-CAN|INFO-CAN Members

This newly announced partnership provides an exciting benefit to the CS-CAN|INFO-CAN membership! Profound Impact is offering CS-CAN|INFO-CAN members a free evaluation of Research Impact, which uses advanced AI to match researchers with the best research funding opportunities in their field and helps find industry partners to support successful grant applications.

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PLEASE READ AND USE THE CHECKBOX BELOW TO AGREE TO THESE TERMS AND CONDITIONS OF USE.

Profound Impact is pleased to provide ORGANIZATION with the right to evaluate Research Impact, a Software as a Service product, for a period of ninety (90) days. This service will be provided at no charge during the evaluation period.

As part of the evaluation ORGANIZATION agrees to assign a Research Administrative Manager to 1) participate in a bi-weekly, thirty(30) minute meeting to share feedback about their use of Research Impact and to 2) complete a product survey at the end of the evaluation period. Profound Impact shall assist ORGANIZATION to support the evaluation by up to two (2) administrative staff and ten (10) researchers.

In order to support the evaluation, Profound Impact requires permission from ORGANIZATION to obtain the following publicly available information about each researcher from ORGANIZATION’S website and from other public sources on the Internet to create a researcher profile to prepopulate these profiles within Research Impact: i) First Name, (ii) Last Name, (iii) Faculty (iv) Program (v) Role (vi) Email Address (vii) Researcher Interests (viii) Publication History and (ix) Award History. Each researcher profile will be used by Research Impact to automatically generate key words to match each researcher with grant opportunities and industry partners.

ORGANIZATION agrees to provide the above information about each researcher and administrator via email to info@profoundimpact.com within two (2) weeks of the signature date of this document. Profound Impact shall obtain any and all public information about each researcher solely to create a researcher profile.

At the conclusion of the evaluation, ORGANIZATION will have the option to 1) continue to use the service with a paid subscription or 2) if ORGANIZATION chooses not to continue the service and at the ORGANIZATION’s instruction, Profound Impact shall delete all information about researchers and administrators described above, including all researcher grant matches, and shall provide written confirmation to ORGANIZATION within seven (7) business days.

In order to facilitate the evaluation of Research Impact, Profound Impact shall provide an online training session for ORGANIZATION research administrative staff.

CLICK HERE FOR ADDITIONAL TERMS AND CONDITIONS

PLEASE READ AND USE THE CHECKBOX BELOW TO AGREE TO THESE TERMS AND CONDITIONS OF USE.

Profound Impact is pleased to provide you (the Researcher) with the right to evaluate Research Impact, a Software as a Service product, for a period of three hundred sixty-five (365) days. This service will be provided at no charge during the evaluation period. As part of the evaluation you agree to share feedback about your use of Research Impact by responding to a monthly email, and you expressly, give permission for Profound Impact to obtain the following publicly available information about you from public sources such as your curriculum vitae to create your profile within Research Impact including but not limited to the following: i) First Name, (ii) Last Name, (iii) Faculty, (iv) Program, (v) Role, (vi) Email Address, (vii) Your Research Interests, (viii) Publication History, (ix) Award History, and (x) Open Researcher and Contributor ID (ORCID). Your profile will be used by Research Impact to automatically generate key words to match you with grant opportunities and industry partners.

At the conclusion of the evaluation, you will have the option to 1) continue to use the service with a paid subscription or 2) if you choose not to continue the service and at the your instruction, Profound Impact shall delete all information about you described above, including all your grant matches, and shall provide written confirmation to you within seven (7) business days.

CLICK HERE FOR ADDITIONAL TERMS AND CONDITIONS

I have read and agree to the terms and conditions including the Additional Terms and Conditions in the PDF document linked above.

Would you like to see Research Impact in action? You can view a video here or sign up for a live demonstration!

CS-CAN|INFO-CAN and Profound Impact partnered earlier this year to produce two webinars on researcher and industry collaboration. If you missed the live event, you can watch the videos here!

Profound Impact + CS-CAN|INFO-CAN Webinar – Industry Collaboration: Benefits and Challenges, March 24, 2023

Profound Impact + CS-CAN|INFO-CAN Webinar: Industry/Researcher Collaboration Best Practices and Tools for Success, April 20, 2023

Profound Impact Partners with Haltech

FOR IMMEDIATE RELEASE

PROFOUND IMPACT PARTNERS WITH HALTECH TO OFFER TARGETED GRANT MATCHING THROUGH RESEARCH IMPACT

The partnership will allow clients to match with research funding and collaborative partners

HALTON REGION, ON | SEPTEMBER 19, 2023 — Profound Impact™ Corporation and Haltech Regional Innovation Centre are working together to provide targeted and timely grant matching opportunities to Haltech’s roster of clients.

The companies announced the partnership at Haltech’s annual open house on September 19, 2023. The newly announced agreement will offer Haltech clients access to grant matching through Profound Impact’s AI-powered tool, Research Impact. Research Impact offers automatic, targeted and timely grant matching. With more than $300 billion in funding opportunities, hundreds of thousands of industry partners and 8.8 million researchers available across the globe, it can be overwhelming and time-consuming to find the right matches for academia, industry and grants. Research Impact helps innovators find their perfect match, sending best-fit grant opportunities directly to the inboxes of interested parties.

“Academics and innovators face several challenges when it comes to discovering partnerships and finding suitable funding opportunities for applied research,” says Dr. Sherry Shannon-Vanstone, President and CEO of Profound Impact. “Our innovative matching tool, Research Impact, provides a faster, more accurate way to find these resources, saving time and money. We are excited to offer this tool to Haltech’s clients and look forward to helping advance new research projects.”

Haltech is a non-profit organization empowering innovative companies to realize their full potential through education, advisory services and strategic connections. Companies joining the Haltech roster have the opportunity to accelerate their business growth through educational workshops, business advisory services and strategic connections.

“We’re so pleased to be able to connect our clients to grant and research opportunities through this partnership with Profound Impact,” says Shann McGrail, Chief Executive Officer with Haltech. “We know the matches through Research Impact will help companies find new funding opportunities for their internal research and product development. 

Haltech clients interested in utilizing Research Impact can sign up using this form.

Anyone interested in learning more about Research Impact can contact the Profound Impact team and book a custom demo here

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ABOUT PROFOUND IMPACT CORPORATION 

Based in the Toronto-Waterloo technology corridor, Profound Impact’s AI-powered tool – Research Impact – helps academic and industry researchers find the perfect funding match. With over $300 Billion in research funding opportunities, 100,000s industry partners and 8.8 million researchers globally, finding the optimal grant for academic and industry innovators is often overwhelming and unnecessarily time-consuming.  More than just a search engine, Research Impact offers automatic, targeted and timely matching.  Profound Impact’s customers include top North American research institutions, universities and industry partners.  CEO and Founder Sherry Shannon-Vanstone is a serial technology entrepreneur with an unparalleled track record.  She has had five successful start-ups and exits in Silicon Valley and Canada, including two IPOs and acquisitions.

ABOUT HALTECH

Haltech is a non-profit corporation supported by Ontario’s Ministry of Research, Innovation & Science, Ministry of Economic Development & Growth, and their valued Corporate Sponsors.

Haltech empowers all innovative companies to realize their full potential through education, advisory services, and strategic connections. Haltech launched in 2011 and is the go-to strategic connector and educator for startups in Halton and beyond. To date, Haltech has helped boost more than 1,000 startups and scale ups. 

Website: www.profoundimpact.com 

Facebook: @aprofoundimpact

Instagram: @aprofoundimpact 

LinkedIn: Profound Impact Corporation

Twitter: @aprofoundimpact

YouTube: @profoundimpactcorporation

For media inquiries, please contact:

Durrell Communications

media@profoundimpact.com 

2023 Impactful Actions Awards Finalists Announced

FOR IMMEDIATE RELEASE

PROFOUND IMPACT ANNOUNCES 2023 IMPACTFUL ACTIONS AWARDS FINALISTS

The Impactful Actions Awards recognize leaders making a profound impact in communities globally 

WATERLOO, ON | AUGUST 16, 2023 — Profound Impact is proud to announce the finalists for this year’s Impactful Actions Awards.

Presented annually, the Impactful Actions Awards recognize leaders who are making a profound impact on communities globally by inspiring collaborative solutions to difficult problems. The award launched in 2021 and has now grown to include two categories (Young Leader and Lifetime Achievement) to attract and honour a diverse range of nominees. 

“We were inspired by this year’s impressive nominees and are excited to recognize two recipients of the Impactful Actions Awards,” says Sherry Shannon-Vanstone, Founder and CEO of Profound Impact. “It’s never an easy decision to narrow down our finalists and winners, but our judges feel confident in our choices this year.”

The finalists in the Young Leaders category are as follows (in alphabetical order):

  • Leigh Zachary Bursey, an activist, journalist, former three-term politician, singer-songwriter, recording artist and author.
  • Hui Huang Hoe, the founder of elerGreen, a cleantech startup recovering polymers, metals and chemicals and medical waste.
  • Tabatha Laverty, the VP of Marketing and External Relations at the Accelerator Centre, and a non-profit leader with a passion for equity and inclusion.

These are the Lifetime Achievement finalists (in alphabetical order):

  • Mike Farwell, host of The Mike Farwell Show on CityNews 570 and leader of the Farwell4Hire campaign, which has raised over $1.25 million in funds to support Canadians living with cystic fibrosis. 
  • Lynn Smith, a proud member of the Peavine Métis Settlement who is leading her northern community through a significant change to take control over monitoring the impact of climate change on their land and waterways.
  • Stephanie Thompson, the founder of STEM by Steph and a passionate engineer and community leader who is always pursuing new and innovative ways to promote science, technology and learning in the Niagara area.

“These finalists showcase what it means to make a profound impact in the world, and we are honoured to share their stories of impact,” Shannon-Vanstone says. “Thank you to everyone who took the time to nominate someone for the Impactful Actions Awards this year.”

The inaugural Impactful Actions Award was presented to Dr. Feridun Hamdullahpur, former President & Vice-Chancellor (2010-2021) and Professor of Mechanical and Mechatronics Engineering at the University of Waterloo, in 2021. In 2022, Profound Impact presented the Impactful Actions Award to Kehkashan Basu, M.S.M., who is the Founder and President of the Green Hope Foundation. 

The 2023 Impactful Actions Awards winners will be announced during the Profound Impact Day virtual event on September 14, 2023. 

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ABOUT PROFOUND IMPACT CORPORATION 

Based in the Toronto-Waterloo technology corridor, Profound Impact’s AI-powered tool – Research Impact – helps academic and industry researchers find the perfect funding match. With over $300 Billion in research funding opportunities, 100,000s industry partners and 8.8 Million researchers globally, finding the optimal grant for academic and industry innovators is often overwhelming and unnecessarily time-consuming.  More than just a search engine, Research Impact offers automatic, targeted and timely matching.  Profound Impact’s customers include top North American research institutions, universities and industry partners.  CEO and Founder Sherry Shannon-Vanstone is a serial technology entrepreneur with an unparalleled track record.  She has had five successful start-ups and exits in Silicon Valley and Canada, including two IPOs and acquisitions.

Website: www.profoundimpact.com 

Facebook: @aprofoundimpact

Instagram: @aprofoundimpact 

LinkedIn: Profound Impact Corporation

Twitter: @aprofoundimpact

For media inquiries, please contact:

Durrell Communications

media@profoundimpact.com 

Shape the System Podcast

Profound Impact’s founder and CEO, Sherry Shannon-Vanstone, participated in a conversation with host Vincent Turner in the July 9th Shape the System podcast. Shape the System features conversations with inspiring people who are rethinking society’s solutions to global problems.

The focus of the podcast was how Profound Impact, through Research Impact, works to connect resources and capital in the form of research partnerships and funding to great people who are doing great things. While Profound Impact’s genesis was to articulate and visualize the impact of individuals within an organization, Sherry noted that the company listened to customers to understand their challenges and pivoted to develop the Research Impact product to meet those needs.

The $300 billion in global research funding available annually for 8.8 million researchers and hundreds of thousands of industry partners around the world can be seen as either a problem, if that funding is difficult to access, or an opportunity for conducting fundamental and breakthrough research. Research Impact’s use of AI and machine learning ensures that funding is used efficiently by the right people by connecting researchers to the funding programs most appropriate to their work. The automation of the matching process done by Research Impact means that researchers can focus on their ground-breaking work and research administrators can do their jobs more efficiently and accurately.

Shape the System aims to inspire more people to follow their purpose, deepen their resolve and have a bigger impact. The conversation with Sherry illustrated how her experience as a mathematician, cryptographer, technology sales executive and serial entrepreneur led to the founding of Profound Impact to meet that same goal by providing tools that allow researchers to make the greatest impact by solving issues of global importance.

Research Spotlight: Research Impact at Collision 2023

Profound Impact Presents Research Impact at Collision 2023

This month’s Research Spotlight focuses on Research Impact, Profound Impact’s research matchmaking product. As the company that connects great people to do great things, Profound Impact was proud to present and demonstrate our Research Impact product at Collision in Toronto on June 26 – 29, 2023. The annual Collision conference brings together global technology leaders and companies, high-potential start-ups and top journalists to participate in more than 20 content tracks that cover topics including corporate innovation, health, finance, sustainability, start-ups, venture capital and the future of work.  

Profound Impact had the opportunity to participate in the Alpha Startup Program which connects early-stage companies with outstanding potential to the world’s most influential people and companies. Our CEO, Sherry Shannon-Vanstone, was selected to participate in the PITCH competition and was chosen to advance to the top ten from over 500 startups! Sherry also teamed up with Deloitte partner Jigna Shah on the AWS Collision stage to present the benefits of using Research Impact to meet the challenges of making those connections.

Profound Impact launched as a data and analytics company to work with universities to empower their alumni and students on their career journeys. Research Impact was developed to help those universities connect with industry partners and government granting agencies. Connections between industry and universities are essential as researchers seek industry partners for research programs and industry looks to researchers for insight into long-term research directions to develop strategic development road maps. On average, it takes 17 years for fundamental research to move to commercial practice.  Global issues like climate change, water contamination, public health, energy, food insecurity and cybersecurity can’t wait more than a decade for the application of groundbreaking research results. A different approach, featuring collaboration between researchers and industry, is required to accelerate innovation.

Over $300 billion in global research funding is available annually for 8.8 million researchers and hundreds of thousands of industry partners around the world. But there are challenges in making connections between researchers and industry partners, knowing where to look for the right funding programs and understanding eligibility requirements.

How do companies navigate the challenges of finding academic research partners and applying for grants? How do researchers find all of the funding programs relevant to their areas of expertise? Without effective tools, many hours are spent researching available funding programs, attempting to reach out to funding agencies and submitting applications for grants in programs that are oversubscribed and competitive without necessarily meeting eligibility requirements.

What if there was an automatic way to match academic and industry researchers to each other and to funding programs? Research Impact combines private and public data using Al and data analytic tools to optimize research funding opportunities.

As demonstrated by the Profound Research team at our booth at Collision, Research Impact features an easy-to-use dashboard that manages researcher areas of focus, funding opportunities, grant deadlines, historical funding matches and industry projects. The tool’s automatic loading of grant programs and researcher profiles, streamlined and targeted communication with researchers and the use of AI and machine learning to make appropriate matches greatly simplifies the process for applying for research funding. The increased efficiency and resulting additional access to funding opportunities can save as much as 80% of the time previously spent by academics, university funding offices and industry researchers.

Profound Impact’s presentations of Research Impact’s power to provide research organizations and industry partners with an increased share of grant funding and a resulting boost in institutional rankings were met with great interest and enthusiasm by Collision’s national and international audience.  We look forward to working with universities, research institutions, industry researchers and funding partners to deploy Research Impact in their organizations.

PROFOUND IMPACT™ CORPORATION ANNOUNCES INAUGURAL BOARD OF DIRECTORS

FOR IMMEDIATE RELEASE

Deborah Rosati and Sharon Castelino join Profound Impact’s first board of directors.

WATERLOO, ON | JUNE 6, 2023 Profound Impact™ Corporation is a leader in AI-powered solutions including Research Impact, an optimization platform that matches research grants with academic and industry researchers. Today, Profound Impact is pleased to announce the launch of its inaugural board of directors. Composed of distinguished business leaders with a wealth of skills and diverse backgrounds, this experienced board of directors will help guide Profound Impact toward its next phase of growth and success.

The members of Profound Impact’s board of directors include:

Board Chair – Deborah Rosati, FCPA, FCA, ICD.D, GCB.D, CCB.D: An award-winning corporate director and entrepreneur defined in three interconnected ways throughout her 35-year career – as a corporate governance champion, catalyst for change and community builder. In June 2023, Deborah was bestowed an honorary Doctorate of Laws by Brock University, her alma mater, recognizing her significant contributions and social impact.

Board Director – Sharon Castelino, MBA, LLM, ICD.D: An award-winning financial services executive and corporate director with three decades of experience in multiple sectors and across global jurisdictions, including institutional banks, capital markets and technology.  Sharon earned her MBA from the Ivey Business School, receiving the prestigious Ivey Scholar, and her Master of Laws (Business), from Osgoode Hall Law School.

Corporate Secretary – Kasia Malz, CPA, CA, MAcc.:  In addition to her role as CFO, Kasia will serve as corporate secretary for the board of directors.

Founder, President & CEO – Sherry Shannon-Vanstone, BS, MS Mathematics, LLD

“We are pleased to bring industry veterans who will add tremendous value with their expertise in technology, business and corporate governance to drive our growth strategy,” says Sherry Shannon-Vanstone, Founder and CEO of Profound Impact. “Also, congratulations to Deborah on her honorary doctorate from Brock University! I had the privilege of receiving my honorary doctorate from the University of Western Ontario in 2019 and know what a special honour it truly is.”

With this new board, Profound Impact is poised for explosive growth and sustainable success as a leading AI-powered platform in the $300 billion research funding market. “We are excited to make an impact by ‘connecting great people to do great things,’” says Deborah Rosati, Board Chair.

ABOUT PROFOUND IMPACT CORPORATION 

Based in the Toronto-Waterloo technology corridor, Profound Impact’s AI-powered tool – Research Impact – helps academic and industry researchers find the perfect funding match. With over $300 Billion in research funding opportunities, 100,000s industry partners and 8.8 Million researchers globally, finding the optimal grant for academic and industry innovators is often overwhelming and unnecessarily time-consuming.  More than just a search engine, Research Impact offers automatic, targeted and timely matching.  Profound Impact’s customers include top North American research institutions, universities and industry partners.  CEO and Founder Sherry Shannon-Vanstone is a serial technology entrepreneur with an unparalleled track record.  She has had five successful start-ups and exits in Silicon Valley and Canada, including two IPOs and acquisitions.  

Website: www.profoundimpact.com 

Facebook: @aprofoundimpact

Instagram: @aprofoundimpact 

LinkedIn: Profound Impact Corporation

Twitter: @aprofoundimpact

For media inquiries, please contact:

Durrell Communications

media@profoundimpact.com