Grants and Contributions:
Title:
515682
Agreement Number:
515682
Agreement Value:
$3,350,000.00
Agreement Date:
Apr 8, 2026 - Nov 30, 2027
Description:
Spare will scale its AI transit platform to improve efficiency, sustainability and accessibility. Using ML and LLMs, it optimizes routing, automates support and enables predictive maintenance.
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:
Vancouver, British Columbia, CA V6B 1M8
Reference Number:
033-2026-2027-Q1-515682
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
798511291
Recipient Type:
For-profit organization
Additional Information:
2025/26 to 2027/28,
Recipient's Operating Name:
Spare
Recipient's Legal Name:
Spare Labs Inc
Federal Riding Name:
Vancouver Centre
Federal Riding Number:
59034
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:
48