ACOA Regional Artificial Intelligence Initiative
no fixed amount
Grant
Description:
The Regional Artificial Intelligence Initiative (RAII) will provide support through two streams:
AI productization and commercialization will help AI start-ups and growing firms scale up and address common challenges on their journey from lab prototypes to real-world applications, including securing growth capital, hiring the right people, managing data, and navigating regulatory frameworks.
Adoption of AI applications across critical sectors will address the AI adoption lag among Canadian businesses and help enhance productivity, growth and competitiveness. Support will focus on addressing challenges faced by SMEs, such as skills gaps, AI integration complexities, and compliance with regulatory and industry standards.
Through the RAII, ACOA is helping to bridge the gap between cutting-edge AI research and broader marketplace consumption with support for Atlantic Canadian businesses.
Comments on Funding:
Continuous Intake
Eligibility:
Applicants must:
1. Be those currently eligible for support through the Regional Economic Growth through Innovation (REGI) program, including:
a. businesses
b. not-for-profit organizations
c. Indigenous organizations and
d. municipal, provincial and territorial governments.
Application Steps:
Applicants must contact ACOA Business Information Services (BIS) at 1-888-576-4444
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice
