Technology

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:

August 16, 2022

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:

Applicants must submit their applications and supporting documents via the NBIF Research Portal.

Other Things to Note:

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

Program Contact:

Artificial Intelligence Fund

AI Pre - Voucher Application Portal

Lab-to-Market Fund

Amount:

No Fixed Amount

Type of Program:

Investment

Description:

The primary objective of the Lab-to-Market fund is to accelerate the development of new or improved technologies and/or transfer knowledge that address specific, well-defined market problems. Lab-to-Market fund emphasizes the importance of validation at all stages of technology development and encourages the application of the scientific method to finding product-market fit.

Comments on Funding:

Funding is up to 33% of projects with NB SMEs or not-for-profit organizations, and up to 25% of projects that do not have NB SMEs or not-for-profit organizations as partners.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

Applicants must be researchers that should have:

a commercialization partner, SMEs or not-for-profit organizations,
student participation,
a clear understanding of the market problem being solved and the competitive advantages of their new technology,
a self-assessment of technology readiness level (minimum TRL 3),
a plan for the intellectual property.

Application Steps:

Applicants must submit their applications and supporting documents via the NBIF Research Portal.

Documentation Needed:

The applicant must submit:

the application form,
project plans that include clear deliverables and timelines.

Program Contact:

Lab-to-Market Fund Application Portal - New Brunswick Innovation Foundation

Broadband Fund for Communities

Amount:

No Fixed Amount

Type of Program:

Grants

Description:

The Prince Edward Island Broadband Fund provides financial assistance to Prince Edward Island communities for the installation of infrastructure for enhanced broadband services.

Comments on Funding:

Funding is up to a maximum of 50% of the eligible costs of the approved project.
The maximum, total grant contribution from all Government of Prince Edward Island sources cannot exceed 50%. Loans or other repayable contributions are not included within this calculation. Where a project receives any other grant funding from the Government of Prince Edward Island, the contribution from PEIBF may be reduced.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must be:

a Prince Edward Island community,
requiring increased service levels and/or has un-serviced / underserved areas.

Application Steps:

The applicant must:

submit his application forms and the proposal description to Innovation PEI via online web form or in signed PDF format via email or hard copy,

accept the letter of offer forwarded to them which shall create a contract between Innovation PEI and the applicant, if the case,

submit the required financial and status reporting, including supporting documentation, to Innovation PEI at specified dates and/or milestones, as detailed within the contract between the parties.

Documentation Needed:

The applicant must submit:

1
the completed application form,
2
a proposal including the profile of the community, information on the estimated costs (Itemized project cost estimate must be supported by written quotation(s) and proposal from internet service provider(s)), financial statements for the previous two years, the sources of project funds.

Program Contact:

PEI Broadband Fund for Communities

Island Capital Partners’ Fund

Amount:

$500,000.00

Type of Program:

Investment

Description:

The Island Capital Partners' Fund invests in high growth potential Prince Edward Island companies.

Comments on Funding:

Investment size usually ranges from $100,000 to $500,000.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

Applicants must be Prince Edward Island companies with high growth potential.

Application Steps:

Applicants must contact Island Capital Partners for further details.

Program Contact:

Home - Island Capital Partners

NATI-ACOA Internship Program

This program is currently closed.

Amount:

$30,000

Type of Program:

Subsidy

Description:

The NATI-ACOA Internship Program offers two streams of internships including Export and Commercialization, and is designed to provide work opportunities for Newfoundland and Labrador university and college graduates while supporting the growth of established technology companies with quality commercialization and trade advisory services.

Comments on Funding:

Funding is 75% of the intern’s salary to a maximum of $30,000, in addition to mandatory professional sales training, and support for other approved training activities.
Participating companies are required to contribute a minimum of 25% ($10,000) of the graduate’s salary and benefits to the minimum per annum salary of $40,000, excluding all mandatory employer-related costs (MERC).

When It Ends:

Closed

Deadline:

Fall 2020 dates to be announced

Eligibility:

The applicant must:

be Newfoundland and Labrador-based technology companies who then engage a graduate for a period of one year, with substantial funding support through the Internship Program,
commit to making commercialization or trade support services part of their business strategy,
demonstrate they can support the intern with the necessary resources for their career development in their role,
demonstrate they have the commitment and means to implement on their business strategy

Other Things to Note:

The deadline to apply was 8th March 2021.

Program Contact:

Internship Programs - NATI

Internship Program - techNL