Are there similar programs to Regional Artificial Intelligence Initiative for northern Ontario?

Yes! Canada Grants Database has similar programs in the Technology & Digital Transformation category. Browse our database to find more options that match your needs.

How can I improve my chances of getting approved for Regional Artificial Intelligence Initiative for northern Ontario?

Our detailed breakdown covers step-by-step application instructions, required document checklists, and eligible expense breakdowns so you know exactly what to prepare before applying.

Regional Artificial Intelligence Initiative for northern Ontario

Government of Canada, Federal Economic Development Agency for Northern Ontario

💻 Technology & Digital Transformation📍 Regional💼 Commercialization📈 Growth🏪 Small Business🏭 Manufacturing

Funding for artificial intelligence in Northern Ontario

Funding

Up to $200,000,000

Deadline

Aug 24, 2024

Status

Rolling Intake

What Is This Program?

Access funding to boost artificial intelligence by bringing new technologies to market or by accelerating AI adoption in critical sectors, such as agriculture, health sciences, manufacturing, mining and forestry in Northern Ontario.

What Benefits Are Offered?

contributiongrantloan

Financial support to help bring new AI technologies to market and accelerate AI adoption in critical sectors within Northern Ontario. Support includes AI productization and commercialization for scale-ups, and AI application adoption for SMEs. For-profit organizations may receive repayable contributions up to 50% of capital costs and 75% for non-capital costs (total government funding not to exceed 50% and 75% respectively). Not-for-profit organizations may receive non-repayable contributions up to 75% of eligible costs (total government funding not to exceed 100% of eligible costs).

Who Is Eligible?

Business Size: small, medium

Industries: agriculture, health sciences, manufacturing, mining supply and service, forestry, technology

Region: Northern Ontario

Other Criteria: Incorporated small and medium-sized enterprises, Incorporated not-for-profit organizations, Indigenous (First Nation/Métis/Inuit) communities and organizations, Municipalities and municipal organizations, Commercializing and/or adopting AI solutions, Legal entities capable of entering into legally binding agreements, Sustainable business model normally supported by two (2) years of operations, Financial capacity to complete the project and repay the contribution in full (for for-profit), Managerial, technical, and operational capacity to achieve project objectives, Potential for market growth, diversification of export markets and/or participation in global value chains, Viable project plan with achievable outcomes and verifiable cost estimates, Commercialization projects are at Technology Readiness Level (TRL) 7 or higher, Consideration of legislative/regulatory requirements (AIDA), responsible and ethical AI use, IP management, data security/privacy