FedDev Ontario’s Regional Artificial Intelligence Initiative (RAII) offers funding to Ontario-based businesses pursuing AI-related projects that enhance their products, technologies, systems, or operations. The program supports two distinct streams:
Applicants may apply for funding under either stream or for both, depending on their business needs and project scope.
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.
Applicants for either stream must be:
Book a meeting to speak to our grants team for the latest information regarding the next application intake period or subscribe to our newsletter to stay up to date.
