Archived
Invest-AI — Funding AI adoption
Supports Quebec businesses integrating AI to boost productivity and competitiveness
Offered by Official source: ivadolabs.com
Ivado Labs
Record updated
- Funding available
- Varies by project
- Deadline
- Unspecified
- Location
- Quebec, Canada
- Who can apply
- See full eligibility
Overview
Invest-AI — Funding AI adoption was a Quebec government-funded program, managed by IVADO Labs, that supported companies in integrating artificial intelligence to improve productivity, competitiveness and socio-economic impact. From 2019 to 2024, it financed 100 AI projects in 95 companies, supporting or creating over 1,000 jobs and achieving a commercial deployment rate of more than 97% for completed projects; the maximum funding amount is not specified.
At a glance
Funding available
Varies by project
- Increase performance through digital transformation
- Increase operational productivity
- Optimize production processes
Eligible candidates
- Location
- Quebec
- Eligible Industries
- All industries
- Annual revenue
- All revenue ranges
- Organisation size
- All organization sizes
- Audience
- All groups
- Legal structures
- For-profit business
Archived
Availability timeline
2026
Periods: 1
Eligibility
Eligible geographic areas
- Companies located in Quebec.
Additional information
- The INVEST-AI program is now closed and is no longer accepting new applications.
- The program operated from 2019 to 2024 and was funded by the Ministère de l'Économie, de l'Innovation et de l'Énergie (MEIE) and managed by IVADO Labs.
- A total of 100 selected projects helped 95 companies and supported or created more than 1,000 jobs.
- More than 97% of completed projects are commercially deployed, contributing to Quebec’s socio-economic growth.
Official sources
Frequently Asked Questions about the Invest-AI — Funding AI adoption Program
What is the Invest-AI — Funding AI adoption?
Invest-AI — Funding AI adoption was a Quebec government-funded program, managed by IVADO Labs, that supported companies in integrating artificial intelligence to improve productivity, competitiveness and socio-economic impact. From 2019 to 2024, it financed 100 AI projects in 95 companies, supporting or creating over 1,000 jobs and achieving a commercial deployment rate of more than 97% for completed projects; the maximum funding amount is not specified.
Where is the Invest-AI — Funding AI adoption available?
The Invest-AI — Funding AI adoption program is available the province of Quebec.
Is the Invest-AI — Funding AI adoption a grant, loan, or tax credit?
Invest-AI — Funding AI adoption is a Grant and Funding
Who are the financial supporters of the Invest-AI — Funding AI adoption?
Invest-AI — Funding AI adoption is funded by Ivado Labs, Ministère de l'économie, de l'innovation et de l'énergie du Québec (MEIE)
What is the deadline to apply?
The deadline to apply is not specified.