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NBIF AI Pre-voucher

Amount:

$20,000.00

Type of Program:

Grants


Description:

The purpose of the AI Pre-Voucher Fund is to help foster the creation of new industry-academia collaborations by allowing an industry partner to explore a small project related to an artificial intelligence (AI) application with an academic partner, at no cost. The project must center around the use of applied AI to solve an industrial problem, with the potential to advance the industry partner’s problem definition through to at least a proof of concept within a nine month time frame.  

Comments on Funding:

Funding is in the form of a pre-voucher up to a maximum size of $20,000. No leverage is required.


When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The industry partner must:

  • have demonstrated revenue from FY20-21 and would be in a position to make a cash contribution to a project within the next 12 months,
  • have not previously contributed cash to a research project with the proposed PI,
  • have physical operations in NB and is incorporated in Canada,
  • have not previously used this NBIF AI pre-voucher program.

The PI:

  • must be an eligible NBIF grant holder at an NB research institution,
  • The PI or someone on their team must have some expertise in artificial intelligence, as demonstrated by any combination of their CV, previous AI projects, and/or peer-reviewed articles.

Application Steps:

1

The applicants must submit a report at the end of the 9 months of funding.

Other Things to Note:

New funding for this program will be released approximately every 3 months.

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