IVADO Labs’ INVEST-AI: Turbocharging Quebec’s SMEs with a Hefty Dose of AI Innovation

·

·

Let’s talk about IVADO Labs and their INVEST-AI programme. Picture this: A strapping fund with a mission as big as the Quebec sky. Its goal? To give small and medium-sized businesses a turbo-boost with a dash of AI magic.

Now, this isn’t your average fairy godmother waving a wand and chanting “Bippity Boppity Boo”. No, siree. INVEST-AI doesn’t just offer advice – it’s also got a decent co-investment programme to the tune of $35 million. It’s like a power drill, drilling down to help companies make that critical leap into AI. The endgame here? Accelerate the adoption of AI technologies within Quebec’s finest so they can contribute even more to the province’s socio-economic growth.

This programme isn’t messing about. It’s got four objectives that are as clear as a bell.

  1. Boost the productivity and competitiveness of Quebec businesses through the application of AI.
  2. Enable companies to bring AI solutions to life in the short term (we’re talking maximum two years here, folks).
  3. Give businesses the muscle to maintain the AI solutions they’ve developed.
  4. Spread the AI love to other parts of the business.

And how do they do this? Well, because INVEST-AI is ready to roll up its sleeves and get to work. They’re offering financial support of AI projects by picking up part of the tab (up to 50% of the eligible costs, capping at $1M). They’re on hand to help shape AI projects. They’re your very own business Cupid, connecting you with AI specialists who can help make your project dreams come true. And they’re in it for the long haul, providing support at the business and technical levels during and after projects.

When it comes to their investments, the proof is in the pudding. Project after project, INVEST-AI is making its mark on the AI landscape, one Quebec business at a time​.

https://ivadolabs.com/en/invest-ai/