FedDev — Regional Artificial Intelligence Initiative – Adoption Pillar 2 – Businesses
ON, Canada
Unlock your company's potential with cutting-edge AI advancements
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateOctober 22, 2024
- grant_single|closingDateDecember 20, 2024
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Manufacturing
- Transportation and warehousing
- Finance and insurance
- Health care and social assistance
grant_single|grantors
- Federal Economic Development Agency for Southern Ontario (FEDDEV)
grant_single|status
grant_card_status|open
grant_card_status|closingSoon
grant_single_labels|preview
The Regional Artificial Intelligence Initiative (RAII) offers up to a maximum of $5 million in funding to help businesses and organizations in southern Ontario adopt or integrate AI solutions. The program aims to bring new AI technologies to market and enhance competitiveness by improving operational efficiency and creating productivity gains. Eligible activities include acquiring and integrating AI solutions, upgrading digital infrastructure, and strengthening cybersecurity measures, among others.
grant_single_labels|projects
This grant opportunity is designated for companies located in southern Ontario, as managed by FedDev Ontario. Eligible businesses must be incorporated and registered to do business in either Canada or specifically within Ontario.
- Companies based in southern Ontario.
- Businesses registered to operate in Canada.
- Entities specifically incorporated in Ontario.
grant_single|admissibleProjectsExample
$35,000
Create a new digital platform for local artisans in Vancouver, BC to sell uniquely crafted goods online.
$40,000
Develop an innovative waste management system for restaurants in Toronto, ON to reduce food waste.
$30,000
Launch a community farming initiative in Halifax, NS to promote sustainable urban agriculture and food security.
$70,000
Establish a mobile health clinic in Calgary, AB to improve healthcare access for underprivileged communities.
$60,000
Implement a renewable energy installation on community housing projects in Montreal, QC.
grant_single_labels|admissibility
The eligibility for this grant is determined by specific requirements related to the applicant's business profile and operations.
- The business must be incorporated and registered to do business in Canada or Ontario.
- The business must have at least 5 full-time equivalent employees (FTEs) and no more than 500 FTEs.
- The business must have at least 3 years of business operations, as demonstrated by their financial statements.
- The business must demonstrate that they will secure rights to intellectual property (IP) required for the project.
- Where applicable, the business must not infringe on any IP rights, and demonstrate that they will own any IP created or developed in carrying out the project.
- The business must demonstrate a commitment to the responsible development and use of AI, including compliance with legislative requirements and industry standards.
grant_eligibility_criteria|who_can_apply
Businesses incorporated and registered to do business in Canada or Ontario are eligible to apply, provided they meet the following criteria:1. Size of Business: Must have between 5 and 500 full-time equivalent employees.2. Operational History: Must have been in operation for at least three years, as evidenced by financial statements.3. Intellectual Property (IP) Rights: Must be able to secure or own the IP necessary for the project, and must ensure no infringement on existing IP rights. They should also commit to creating and using AI responsibly.4. Compliance: Must comply with current and anticipated legislative requirements and industry standards, particularly regarding responsible AI development and use.5. Sector Focus: While projects can be from any sector, priority may be given to transformative applications in healthcare and life sciences, enterprise solutions, manufacturing, and mobility under the AI adoption pillar.
grant_eligibility_criteria|who_cannot_apply
This grant excludes certain companies and industries due to their status or main activity. The restrictions are in place to ensure alignment with the objectives of supporting AI adoption in strategic sectors.
- Companies not incorporated and not registered to do business in Canada or Ontario.
- Businesses with fewer than 5 full-time equivalent employees (FTEs) or more than 500 FTEs.
- Businesses with less than 3 years of operational history.
- Applicants unable to demonstrate control over intellectual property rights required for the project.
grant_eligibility_criteria|eligible_expenses
This grant supports projects focused on the adoption or integration of AI technologies to enhance productivity and competitiveness. The eligible activities aim to enable businesses to strategically apply AI solutions within their operations.
- Acquiring and integrating advanced AI solutions beyond commercially available tools.
- Enhancing governance frameworks and adopting best practices for AI management.
- Upgrading equipment and improving digital infrastructure to support AI integration.
- Re-engineering business processes to optimize AI's potential impact.
- Accessing specialized AI expertise for professional guidance and implementation support.
- Building organizational capacity and providing targeted training for effective AI use.
- Strengthening cybersecurity measures to ensure secure AI adoption.
- Establishing guidelines and frameworks to ensure responsible AI use in operations.
grant_eligibility_criteria|zone
Eligible expenses under this grant encompass both capital and non-capital costs directly related to project activities aimed at AI adoption and integration.
- Purchase and/or installation of machinery, equipment, or software necessary for the project.
- Costs for renovation, site, or leasehold improvements related to specialized equipment or infrastructure.
- Incremental salaries and benefits for employees directly involved in the project.
- Fees for professional, legal, and technical consultancy services.
- Costs for marketing and outreach relevant to the project, including promotional activities and commercial demonstrations.
- Training and talent development costs essential for the project, including external trainers and course materials.
- Cost of direct materials used for project completion, such as those for testing and prototype development.
grant_single_labels|criteria
The evaluation and selection of projects for this grant are based on specific criteria to ensure alignment with the RAII Adoption pillar objectives and the program's overall goals.
- Degree to which the project focuses on the adoption or integration of transformative AI.
- Incrementality of the project, supporting new or expanded initiatives for the company or organization.
- Quality of the project plan, including contributions of project partners and capacity to undertake the project (managerial, technical, and operational)
- Financial capacity and ability to repay, if applicable to businesses.
- Alignment with pillar priorities such as healthcare, enterprise solutions, manufacturing, and mobility.
- Degree to which the project addresses a critical business or industry challenge and the scope of benefits.
- Expected results of the project, including process efficiency, productivity, and competitiveness improvements.
- Degree of risk and mitigation measures, particularly concerning responsible AI development and compliance.
- Compliance with applicable legislation and regulatory requirements.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Evaluate Eligibility
- Ensure your business meets all eligibility criteria such as being incorporated and registered to do business in Canada or Ontario.
- Verify your enterprise has between 5 and 500 full-time equivalent employees and at least 3 years of business operations.
- Step 2: Attend Information Session
- Attend a virtual information session provided by FedDev Ontario to understand the application process and gain insights into the RAII program.
- Step 3: Application Preparation
- Review the Application Guide for businesses, ensuring a comprehensive understanding of the application requirements and criteria.
- Draft a detailed project proposal focusing on AI adoption and integration aligned with program priorities.
- Gather all necessary documentation, including financial statements, project plans, and evidence of intellectual property rights.
- Prepare the Supplemental Form required for the RAII initiative.
- Step 4: Complete Application Form
- Fill in the application form on the FedDev Ontario portal, ensuring all required fields are accurately completed.
- Attach supporting documents such as business registration, project plans, and financial statements.
- Step 5: Submission
- Submit the completed application form and all attachments via the FedDev Ontario online portal before the deadline of December 20, 2024.
- Indigenous applicants can submit applications directly by contacting indigenous-autochtones@feddevontario.gc.ca.
- Step 6: Confirmation of Submission
- Receive an automated confirmation of your submission from FedDev Ontario.
- Retain a copy of the confirmation and submitted materials for your records.
- Step 7: Follow-up
- Prepare to respond to potential follow-up inquiries or requests for additional information from FedDev Ontario regarding your application.
grant_single_labels|otherInfo
Additional guidance for applicants is provided to enhance the clarity and effectiveness of their application process under the RAII. Important notes and definitions are included to ensure compliance and understanding of eligibility and project requirements.
- Funding assistance may have tax implications; businesses are advised to consult a qualified tax professional.
- The application guide includes important notes on calculating full-time equivalent employees and provides detailed definitions of key project indicators.
- A voluntary self-declaration for diversity, equity, and inclusion is included, touching on the Government of Canada's commitment to these values.
- Clarifications on eligible project costs stipulated to ensure expenses directly align with project activities and outcomes.
grant_single_labels|contact
info@feddevontario.gc.ca
1-866-593-5505
Apply to this program
Unlock AI Potential in Southern Ontario
The Regional Artificial Intelligence Initiative (RAII) is a new grant opportunity for businesses and organizations in southern Ontario seeking to adopt or integrate transformative AI technologies. Applications are open from October 22 to December 20, 2024, and the initiative comprises a significant $200 million fund to propel AI-driven solutions into various sectors, enhancing operational efficiencies and global competitiveness.
Understanding the Regional Artificial Intelligence Initiative (RAII)
The RAII, facilitated by FedDev Ontario, is specifically designed to accelerate the adoption of artificial intelligence across multiple industries in southern Ontario. By offering financial support, this grant seeks to bridge the gap between innovative AI concepts and practical, market-ready solutions. The initiative prioritizes projects that demonstrate significant potential in areas such as healthcare, life sciences, manufacturing, enterprise solutions, and mobility. Businesses with transformative AI adoption projects that enhance operational efficiency, productivity, or competitive edge are encouraged to apply.
The RAII is divided into the ‘Adoption’ pillar, focusing on the integration of AI technologies within existing business frameworks. Eligible projects must transcend mere AI tool purchases, emphasizing deeper integration and transformation through AI. This includes comprehensive support, from re-engineering processes to upgrading necessary digital infrastructures, thereby ensuring that businesses can fully leverage AI capabilities to enhance competitive positioning.
Financially, the RAII offers repayable contributions for small and medium-sized enterprises (SMEs) and non-repayable contributions for not-for-profit organizations. Funding can reach up to $5 million, supporting 50% of eligible project costs, though exceptions may apply under certain circumstances. It's crucial for applicants to prepare a robust financial plan demonstrating not just the need but also the sustainability and incremental value brought by the AI integration.
Whether you're exploring AI-driven delivery systems within logistics, novel diagnostic tools in healthcare, or smart manufacturing solutions, the RAII offers a vital stepping stone. It’s an opportunity not only to secure financial assistance but also to position your business within a growing network of innovation-driven enterprises that are contributing to the Canadian economy.
Projects will undergo a rigorous assessment process focused on the proposed technology's degree of transformation, alignment with RAII goals, and overall impact. The criteria also emphasize responsible AI adoption, ensuring that projects adhere to ethical standards such as data privacy, cybersecurity, fairness, and equity. This aligns with the broader governmental objectives of fostering safe and ethical AI practices to safeguard Canadian interests.
Overall, the RAII represents a significant opportunity for southern Ontario businesses aiming to elevate their operational capabilities through AI. By participating in this grant, businesses do not only gain financial backing but also contribute to a larger narrative of technological advancement and ethical AI deployment, shaping a future-ready Canadian industry landscape.