Mr. Dom Mannella reports

TENET ADDS GRANT MATCHING FEATURE TO BUSINESS HUB TO HELP SMES CLAIM THEIR SHARE OF POTENTIAL $12B IN ANNUAL GRANT AWARDS

Tenet Fintech Group Inc. has added a feature to the business hub that matches the platform's registered businesses with the government grant programs for which they would qualify.

According to GrantHub, there are more than 2,500 active grant programs in Canada available to small and medium-size enterprises. But unfortunately, many small business owners are not even aware of the existence of these programs, much less whether they would qualify for them, or even how to apply for them. This means that much of the estimated $12-billion the Canadian government makes available to Canadian SMEs in the form of grants and tax credits every year goes unclaimed. The Cubeler platform's new automated grant matching feature will see SMEs registered on the platform be matched with and presented with a list of the programs for which they qualify. As of the date of this news release, Tenet was in discussions with a handful of potential partners who would then manage the application process, from start to finish, on behalf of the SMEs.

Tenet believes that this new grant matching feature, particularly when combined with the grant application management service, is yet another way for SMEs that join the business hub to experience how Tenet is leveraging AI (artificial intelligence) and analytics to help them flourish. Grant matching will first be available to Canadian SMEs with the release of the enhanced version of the business hub in early August and to U.S. SMEs shortly thereafter.

About Tenet Fintech Group Inc.

Tenet Fintech Group is the parent company of a group of innovative financial technology (fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler business hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B (business-to-business) transactions among its members.

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