FedDev Ontario Regional Artificial Intelligence Initiative (RAII)
Receive up to $5M in Government Funding.
Through FedDev Ontario’s Regional Artificial Intelligence Initiative (RAII) program, businesses located in Ontario can receive funding for artificial intelligence (AI) projects that can optimize their business’ products, technologies, systems, and processes. Available via two separate pillars, AI Productization and Commercialization and AI Adoption. Eligible applicants can apply for AI support for one or both pillar programs.
Projects can be related to optimizing product solutions and technologies with AI, or for the adoption and integration of AI solutions and technologies that already exist to help businesses strengthen their operations.
Contact us today to get started on your funding application.
Demande de Financement
Donnez à votre demande les meilleures chances d’être approuvée. Ryan a un taux d’approbation de 86 % pour tous les programmes de financement canadiens.
FedDev Ontario Regional Artificial Intelligence Initiative (RAII)
Amount of Funding
Funding available is via a fully repayable, interest-free loan of up to $2.5 million or up to $5 million for support of up to 50% of eligible project costs, depending on pillar stream.
FedDev Ontario Regional Artificial Intelligence Initiative (RAII)
Eligible Applicants
For both pillar streams of the RAII program, eligible applicant criteria includes:
- Small- and medium-sized enterprises, including eligible start-ups
– Contributions will most likely be repayable - Not-for-profit organizations
– Contributions will most likely be non-repayable - Businesses that are incorporated in Canada or Ontario
FedDev Ontario Regional Artificial Intelligence Initiative (RAII)
Eligible Projects
AI Productization and Commercialization Stream.
Eligible projects include:
- Focused on bringing to market new and innovative AI/AI-driven solutions (TRL 6 and above).
- Increase the capacity of developers of AI/AI-driven solutions to grow through market expansion.
AI Adoption Stream.
Eligible projects include:
- Acquiring and integrating AI solutions.
- Improving governance and adopting best management practices.
- Upgrading equipment, improving digital infrastructure, re-engineering processes
- Accessing AI expertise.
- Building capacity and training (not duplicative of other government support programs).
- Strengthening cybersecurity measures.
- Establishing guidelines/frameworks/committees to ensure the responsible use of AI.
FedDev Ontario Regional Artificial Intelligence Initiative (RAII)
Program Deadline
Contact our team to learn more about ongoing applications to the RAII program.
Demande de Financement
Nous permettons à nos clients de gagner en moyenne 95 % de temps par rapport aux entreprises qui font leur propre demande de financement.
