Grants and Contributions:

Title:
812906
Agreement Number:
812906
Agreement Value:
$14,500,000.00
Agreement Date:
Jun 26, 2019 - Apr 30, 2047
Description:
The investment will support MindBridge’s project to develop an innovative software tool powered by AI that will help client companies analyze their own data more effectively and make more informed decisions.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:

This project will contribute to establishing MindBridge as a world leader in data analysis using Artificial Intelligence (AI) and Machine Learning (ML). The project will strengthen MBAI’s market position and positively impact Canada’s AI and ML capabilities.

Location:
Ottawa, Ontario, CA K1S5R5
Reference Number:
033-2019-2020-Q1-812906
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
807759584
Recipient Type:
For-profit organization
Additional Information:

Please note these updates include changes to improve standardization of reporting across projects. The original start date was updated to reflect the correct execution date. The end date was updated from the end of the work phase of the project (31/12/2025) to the end of the contract (30/04/2047). The end date now reflects the entirety of the agreement duration, including the benefit phase and residual audit period. The amendment provides for a 24 month extension.

Amendment Date
Nov 3, 2025
Recipient's Operating Name:
MindBridge Analytics Inc.
Recipient's Legal Name:
MindBridge Analytics Inc.
Federal Riding Name:
Ottawa Centre
Federal Riding Number:
35075
Program:
SIF Stream 1- R&D
Program Purpose:

Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.

NAICS Code:
541514
Amendments: