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Regional Artificial Intelligence Initiative (RAII) for Northern Ontario

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Value

Varies.

Description

The Regional Artificial Intelligence Initiative (RAII) will help bridge the gap between cutting-edge AI research and broader marketplace consumption with support spanning two pillars:

  • AI productization and commercialization – Support AI scale-ups address common challenges on their journey from lab prototypes to real-world applications, including securing growth capital, talent acquisition, data management, and navigating regulatory and business conduct frameworks.
  • Adoption of AI applications – Support will address AI adoption lag among small and medium-sized enterprises. Support will focus on addressing challenges, such as skills gaps, AI integration complexities, and compliance with regulatory and industry standards.

Eligible Applicants

Eligible applicants are those commercializing and/or adopting AI solutions, including:

  • Incorporated small and medium-sized enterprises;
  • Incorporated not-for-profit organizations;
  • Indigenous (First Nation/Métis/Inuit) communities and organizations; and
  • Municipalities and municipal organizations.

Note: Retail and service-based businesses will not be considered under this program.

Eligible Expenses

Eligible project costs must be reasonable, verifiable and in direct support of project activities and may include:

  • Capital costs: purchase of machinery, equipment, and facility upgrades;
  • Operating costs that are incremental and measurable;
  • Project-specific direct labour (e.g., wages and benefits) and subcontractor costs;
  • Professional advisory and technical services fees;
  • Preproduction (e.g., prototyping, technological development and commercial demonstrations);
  • Commercialization costs (e.g. costs related to intellectual property);
  • Training and talent development costs;and
  • Costs related to specialized services and materials (e.g., testing services, technical or innovation services, sector strategies in domestic markets).

Costs may be eligible on a retroactive basis for a 12-month period prior to the receipt of a funding application, but no earlier than April 16, 2024.

Deadline Date

Open. Please click the link indicated below for update.

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Download Now! Five Grant Gotchas

There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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