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Government of Canada, Federal Economic Development Agency for Southern Ontario
Financing for artificial intelligence in southern Ontario
Helps small businesses and organizations in Southern Ontario bring artificial intelligence solutions to market. Provides financing to support this process.
Financial assistance in the form of repayable, interest-free contributions for small- and medium-sized businesses, and non-repayable contributions for not-for-profit organizations, to support the productization and commercialization of responsible AI or AI-driven solutions.
Business Size: small, medium
Industries: artificial intelligence, technology
Region: Southern Ontario
Demographics: Indigenous, underrepresented groups
Other Criteria: incorporated and registered to do business in Canada or Ontario, projects must be primarily focused on the productization/commercialization of responsible AI or AI-driven solutions, Technology Readiness Level (TRL) 6 and above, demonstrate a commitment to the responsible development and use of AI, for businesses: minimum 1 and maximum 500 full-time equivalent (FTE) employees, for businesses: minimum 1 year of business operations, for businesses: own or secure project Intellectual Property (IP), for not-for-profit organizations: track record of providing services to multiple businesses in southern Ontario, for not-for-profit organizations: have an Intellectual Property (IP) policy
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Financing for artificial intelligence in southern Ontario
This program is available to small, medium businesses in artificial intelligence, technology industries located in Southern Ontario.
This program offers funding up to $5,000,000 (minimum $125,000).
The application deadline is December 20, 2024.
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