OTTAWA—The Canadian government has launched an ambitious $100 million initiative to help small and medium-sized businesses (SMBs) integrate artificial intelligence into their products. This initiative marks a significant push to maintain the country’s competitive edge in the global AI landscape.
The AI Assist program, announced by the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP), will support Canadian companies in navigating the complex process of implementing generative AI and deep learning technologies.
“This program addresses the critical steps from scientific research through product development, testing, and validation,” said the NRC IRAP in its announcement. The initiative specifically targets the integration of generative AI and deep learning technologies into companies’ core products.
The timing of this investment comes as businesses worldwide race to adapt to rapidly evolving AI technologies. For Canadian SMBs, the program offers a pathway to compete in an increasingly AI-driven global market.
The program offers crucial support to SMBs in several key areas:
Scientific Research: Funding and guidance for research into AI applications relevant to their business needs.
Product Development: Assistance in developing and integrating AI-powered features into their existing products or creating entirely new AI-driven solutions.
Testing and Validation: Support for rigorous testing and validation of AI models to ensure performance, reliability, and safety.
Access to Expertise: Connecting SMBs with AI experts and researchers who can provide valuable insights and guidance.
Ethical Considerations: Promoting responsible AI development and deployment by providing resources and guidance on ethical considerations.
By providing financial and technical assistance, the AI Assist program aims to:
Accelerate AI adoption: Enable SMBs to overcome the hurdles of AI integration and leverage its potential to enhance their operations.
Drive innovation: Foster a culture of innovation by encouraging SMBs to explore new AI-powered solutions and applications.
Enhance competitiveness: Equip Canadian SMBs with the tools and knowledge to compete in the rapidly evolving global market.
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About NRC IRAP
The National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) is Canada’s premier innovation assistance program for small and medium-sized businesses. It has been the Canadian government’s primary vehicle for supporting technology innovation for decades.
Businesses can contact the National Research Council of Canada Industrial Research Assistance Program for more information about the AI Assist program and application details.
