MaRS — Supply AI

Eligibility for this grant is determined by specific requirements related to the applicant's profile and proposed activities.

• The Venture must be incorporated, based and operating in Canada.
• The Venture must focus on applied AI and intelligent supply chain products and/or services.
• The Venture must be less than two years old, or employ fewer than 500 globally, or have an average annualized revenue growth rate of greater than 20 percent over the past three years.
• The Venture must be an existing MaRS Growth Services venture company at the time of application, or part of and referred by an incubator, accelerator, or other entrepreneurial program within Canada.
• The Venture must be at the validation stage with a minimum viable product (MVP) demonstrating evidence of solving a real problem for an identified market, or at the efficiency stage with initial traction in a receptive market.
• The Venture must fall under one of the industry sectors and supply chain categories outlined in the application form.
• The Venture must demonstrate evidence of customer interest and traction.

Who is eligible?

This program is designed to assist high-potential Canadian ventures focused on AI and intelligent supply chain innovations through support and acceleration services.

• Focus on applied AI and intelligent supply chain products and/or services.
• Incorporated, based, and operating in Canada.
• The venture is less than two years old, or employs fewer than 500 globally, or has an annual revenue growth rate exceeding 20% over the past three years.
• An existing MaRS Growth Services venture company or a part of an incubator, accelerator, or other entrepreneurial program in Canada.
• At the validation stage with a minimum viable product demonstrating technology solving a real market problem, or at efficiency stage with initial market traction.
• Falls under one of the enumerated industry sectors and supply chain categories.
• Demonstrated evidence of customer interest and traction.

Eligible expenses

This grant supports projects that integrate AI into supply chains with the aim to foster emerging Canadian ventures in the supply chain AI sector. The focus is on accelerating growth and scaling high-potential supply chain products and services utilizing AI technology.

• Development of AI-driven supply chain products and services.
• Integration of AI in logistics to enhance efficiency and reliability.
• Creation of intelligent inventory management systems using AI.
• Implementation of AI-powered predictive analytics in supply chain operations.

Eligible geographic areas

This grant is available to companies located in Canada, as per the program's specific requirements. Companies must be incorporated, based, and operating within this national boundary to qualify.

• Companies incorporated in Canada.
• Businesses based in Canada.
• Organizations operating within Canada.

Yes, there are evaluation and selection criteria for this grant. The criteria ensure that the applicant ventures are well-positioned to benefit from and contribute to the Supply AI program at MaRS.

• Incorporated, based, and operating in Canada.
• Focused on applied AI and intelligent supply chain products and/or services.
• Less than two years old, or employing fewer than 500 globally (including its affiliates), or having an average annualized revenue growth rate of greater than 20 percent over the past three years.
• An existing MaRS Growth Services venture company at the time of application, or part of and referred by an incubator, accelerator, or other entrepreneurial program within Canada.
• Must join the MaRS portfolio if selected for the program.
• At the validation stage, with a minimum viable product (MVP) and evidence that its technology solves a real problem for an identified market, or at the efficiency stage, experiencing initial traction in a receptive market to build a business in.
• Fall under one of the industry sectors and supply chain categories outlined in the application form.
• Demonstrate evidence of customer interest and traction.