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Regional Artificial Intelligence Initiative (RAII) in the Prairie Provinces

December 31, 2028

Value

Range between $250,000 to $5 million per project over a maximum of 3 years.

Description

The RAII is part of Canada’s budget 2024 commitment to secure Canada’s AI advantage. RAII advances PrairiesCan’s strategic priorities.

The RAII will help marketplace adoption, supporting the responsible development and use of AI, in two key areas:

  • AI productization and commercialization will help AI SMEs in the start-up and scale-up phases to turn their ideas into real world solutions, with financing aimed at providing support to secure growth capital, hire the right people, manage data, and navigate the AI marketplace.
  • Adoption of AI across priority sectors. This will help Canadian businesses enhance productivity, growth, and competitiveness. Support will focus on helping SMEs to integrating AI into business operations, implement AI strategies and find workers with the right skills.

Eligible Applicants

For-profit businesses must meet all the following criteria to be eligible for this program.

  • You’re a for-profit business incorporated to conduct business in Canada
  • You employ at least one full-time equivalent (FTE)
  • You’ve been in operation for a minimum of two years
  • You have staffed operating facilities in the prairie provinces
  • You are commercializing AI technologies (at above technology readiness level 7 (as defined by Innovation, Science and Economic Development Canada) or adopting AI based solutions (preference may be given to Canadian AI solutions).
  • You have confirmed funding from all other sources including government and non-government
  • You are a legal entity capable of entering into legally binding agreements

Preference may be given to small and medium-sized enterprises (SMEs) with less than 500 full-time employees.

Not-for-profit organizations must meet all the following criteria to be eligible for this initiative.

  • You assist AI businesses, innovators, or entrepreneurs in the prairies by supporting start-up development, growth, productivity enhancement, technology commercialization, technology adoption, or export and investment attraction.
  • You are a legal entity capable of entering into legally binding agreements.
  • You have an operating presence in the Prairies.

Not-for-profit organizations include post-secondary educational institutions, business accelerator and incubators, angel networks, social enterprises, a group of eligible recipients such as an industry association or consortium, a municipality and other levels of government.

Eligible Expenses

Eligible costs under the program are incremental, reasonable and essential to carrying out the eligible project activities. Eligible costs can include the following:

  • labour costs (e.g. wages and benefits)
  • capital costs (e.g. purchase of machinery or equipment)
  • management fees
  • consultancy fees (e.g. professional, advisory and technical services)
  • costs related to intellectual property protection
  • preproduction activities (e.g. technological development and commercial demonstrations)
  • subcontracting costs
  • production and distribution of promotional material and management tools
  • maintenance costs
  • costs related to specialized services, such as testing services, research and development services, technical or innovation services, sector development strategies in all markets, and business networking

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

Deadline Date

December 31, 2028

Contact

Contact Name: Regional Offices

Phone Number: 1-888-338-9378

E-mail Address: wd.ab-ab.deo@prairiescan.gc.ca (for Grande Prairie, Alberta)

Website: https://www.canada.ca/en/prairies-economic-development/services/funding/regional-artificial-intelligence-initiative.html

Industry:

Municipalities, Non-Profit, Software/Technology

Location:

Alberta, Manitoba, Saskatchewan

Tags:

A.I., ABmunis, Post-secondary

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