Regional Artificial Intelligence Initiative (RAII) for Businesses
$125,000 to $5 million per project, up to 50% of eligible costs
Federal Economic Development Agency for Southern Ontario (FedDev Ontario)All of Ontario
MixedFederal program
NRC IRAP helps Canadian small and medium-sized businesses turn new technology into products and services they can sell. It starts with advice and connections, and in some cases adds funding for research, development and other innovation work. It's for incorporated, technology-driven businesses, not everyday business costs.
Not for
No. The official page says NRC IRAP doesn't support sole proprietorships, partnerships, co-operatives, ULCs or LLCs. The business has to be incorporated and for-profit.
No. The page says it doesn't fund day-to-day operating costs or non-technical, purely commercial work. Funding is for research, development and other innovation work on technology-driven products and services.
The official page doesn't say. An advisor looks at the technology, your team, your finances and the market, and support usually starts with advice before any funding.