Grants and Contributions:

Title:
514399
Agreement Number:
514399
Agreement Value:
$28,000,000.00
Agreement Date:
Feb 14, 2022 - Mar 31, 2027
Description:
Increase the capacity of businesses, not-for-profit corporations, hospitals, and public agencies to develop, adopt, use, or commercialize artificial intelligence.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:

Support capacity building engagements with partering organizations that: create new innovations; increase the capacity of partnering organizations to develop, adopt, use or commercialize artificial intelligence technologies; help partnering organization employees develop new skills; and generate economic and social benefits.

Location:
Toronto, Ontario, CA M5G1M1
Reference Number:
033-2024-2025-Q4-514399
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
728876525
Recipient Type:
Not-for-profit organization or charity
Additional Information:

2020/21 to 2026/27, amendment to insert clauses related to updated standards and to add additional funding allocated in the Fall Economic Statement plus extend the agreement for an additional year

Amendment Date
Mar 18, 2025
Recipient's Operating Name:
Vector Institute
Recipient's Legal Name:
Vector Institute Institut Vecteur
Federal Riding Name:
University--Rosedale
Federal Riding Number:
35110
Program:
National AI Institutes - PCAIS
Program Purpose:

The Pan-Canadian Artificial Intelligence Strategy (PCAIS) is a key part of the Government of Canada's approach to supporting talent, research and innovation in artificial intelligence. Announced in Budget 2017, the strategy works to attract, retain and develop academic research talent and build national centres of expertise and training in Montreal, Toronto and Edmonton.
Budget 2021 announced the launch of an enhanced second phase of the strategy, including to establish a transfer payment program to provide non-repayable contributions to Canada's national artificial intelligence institutes to accelerate the translation of artificial intelligence research into commercial or other innovations; grow the capacity of Canadian businesses, not-for-profit organizations, health providers including hospitals, or other public corporations and agencies to develop, adopt, use, or commercialize artificial intelligence; and encourage the responsible development and use of artificial intelligence based in human rights, inclusion, diversity, innovation and economic growth.

NAICS Code:
541710
Amendments: