Scale AI - Industry-led projects
“Scale ai”
$5,000,000.00
Maximum Eligible Amount
Private Grant, Accredited Investor
Fund Type
Scale ai is an investment and innovation hub focused on accelerating the application of artificial intelligence (AI) for supply chains. Scale ai is funding industry-led projects, triggering new industry collaborations and training leaders in the cutting-edge use of AI throughout their supply chains. The Scale AI cluster spans the Montreal-Waterloo corridor,
By investing in companies financially and with other valuable resources, Scale AI aims to establish Canada as a leader in intelligent supply chains. The solutions considered for funding must align with SCALE AI's Technology Priorities: encourage the adoption and scaling of existing supply chain solutions; develop foundational intelligent supply chains building blocks across five AI-based technology platforms: operations, data, AI research, device management and infrastructure; promote responsible use and development of AI-related technologies.
Scale AI helps generate wealth for Canada by investing in industry projects and talent programs with the aim of increasing:
- growth of AI- and technology-based companies
- High-paying job creation in technological development fields
- Industrial growth in terms of revenues for the SME sector
- Upskilling of operational jobs in AI and supply chain
- Improved efficiencies resulting in increased production output
- Attracting international firms to join the Canadian Global Innovation Cluster
Scale AI’s strategic priorities target the critical players of the ecosystem. By implementing these priorities, Scale AI increases the crucial competitive advantage to Canada in the global economy that aims to improve the wealth of Canadians.