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Funding AI
adoption - Program closed

Invest-Ai

Update - March 2024

Congratulations to the innovative companies that have improved their performance using AI thanks to the INVEST-AI program! Although the program has come to an end, the impact of the projects funded remains. Discover below how the program, with the support of the Quebec Government, has marked an acceleration in the integration of AI in local companies.

Mission

The INVEST-AI program, funded by the Ministère de l'Économie, de l'Innovation et de l'Énergie (MEIE) and managed by IVADO Labs, was dedicated to helping companies take the next step in AI. The program has been a powerful lever to accelerate the adoption of artificial intelligence technologies within Quebec companies so that they contribute even more to the socio-economic growth of Quebec.

Objectives

  • Improve the productivity and competitiveness of Quebec businesses through the application of AI;
  • Enable companies to implement AI solutions developed in the short term (maximum 2 years);
  • Provide businesses with the capacity to maintain the AI solutions developed;
  • Spread AI transformations to other parts of the business.
Invest-AI working

Offer

  • Financial support of AI projects by reimbursing part of the project costs (up to 50% of the eligible costs, to a maximum of $1M);
  • Advice to properly define the company's project for the use of AI;
  • Connect with firms specializing in AI likely to participate in project implementation;
  • Support companies at the business and technical levels during and after projects.
Download the complete details of the INVEST-AI program Download pdf
Download our latest press release News
For more information or to apply for financial assistance, contact us. An INVEST-AI director will be happy to discuss your AI needs and potential solutions with you.