Local businesses invited to apply for Regional AI initiative funding

Local businesses invited to apply for Regional AI initiative funding

Businesses in southern Ontario can now apply for funding through FedDev Ontario’s Regional Artificial Intelligence Initiative (RAII).

$200 million in funding is available across Canada as part of the program, which aims to accelerate AI adoption in key sectors like healthcare, manufacturing, enterprise solutions, and mobility to help bring transformative AI technologies to market and strengthen competitiveness.

Applications are open through to December 20, 2024.

Virtual information sessions will be held for those interested in learning more.

Indigenous applicants may contact indigenous-autochtones@feddevontario.gc.ca to apply directly.

For full eligibility and guidelines, visit  FedDev Ontario.