Grants and Contributions:
Title:
515699
Agreement Number:
515699
Agreement Value:
$837,133.00
Agreement Date:
Mar 25, 2026 - Mar 31, 2028
Description:
Foqus is developing next versions of its AI-powered MRI reconstruction software to enable high acceleration rates while maintaining diagnostic quality.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
As a part of the AI Compute Access Fund, this project will accelerate Canadian AI innovation and commercialization and support the use of a diverse range of external compute suppliers so companies can stay competitive in a rapidly changing industry.
Location:
Kitchener, Ontario, CA N2G 1H6
Reference Number:
033-2025-2026-Q4-515699
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
780359063
Recipient Type:
For-profit organization
Additional Information:
2025/26 to 2027/28,
Recipient's Operating Name:
Foqus
Recipient's Legal Name:
Foqus Technologies Inc.
Federal Riding Name:
Kitchener Centre
Federal Riding Number:
35045
Program:
AI Compute Access Fund
Program Purpose:
The AI Compute Access Fund offers financial support to help Canadian small and medium-sized businesses (SMEs) access the compute power they need to scale and commercialize their innovative AI project.
NAICS Code:
62