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Contribution: Industrial Research Assistance Program – Contributions to Organizations

Vector Institute

$609,741.00

FastLane Machine Learning Associates (MLA) program - 3 cohorts

FY 2024-25 · 2024-04-01

Summary
This CTO program will support 30 companies through 3 technicaly-themed cohorts. AI innovation companies that intend to commercialize AI-related products and services can benefit from Vector-supervised "Machine Learning Associate" staff, for a 4 month period. Each company will receive an estimated 1.5 Full Time Equivalent staffing level of staff for a 4 month period that will be matched and then hired and supevised by Vector and seconded to the company. The program includes business case analysis, data analysis and prepration, proof of concept development, and documentation, making use of state-of-the-art reference designs and concepts from the Vector Institute.
Program
Industrial Research Assistance Program – Contributions to OrganizationsIndustrial Research Assistance Program-Contributions to Organizations (linked with high confidence)
Location
Toronto|Toronto, Ontario, Canada
Recipient Type
Not-for-profit organization or charity
Business Number
728876525
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

Amendments

Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.

AmendmentDateFiscal YearTotal
02024-04-012024-25$659,655.00
12024-04-012024-25$609,741.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 61 days. The total amended value is -49,914 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 61 jours. La valeur totale des modifications est de - 49 914 dollars.
Agreement End Date
2025-05-31
Agreement Number
1017820
Agreement Start Date
2024-04-01
Agreement Title
FastLane Machine Learning Associates (MLA) program - 3 cohorts
Agreement Title (French)
Programme FastLane Machine Learning Associates (MLA) - 3 cohortes
Agreement Type
Contribution
Agreement Value
$609,741.00
Amendment Date
2025-03-11
Amendment Number
1
Coverage
IRAP Contributions to Organizations projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux organismes stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
This CTO program will support 30 companies through 3 technicaly-themed cohorts. AI innovation companies that intend to commercialize AI-related products and services can benefit from Vector-supervised "Machine Learning Associate" staff, for a 4 month period. Each company will receive an estimated 1.5 Full Time Equivalent staffing level of staff for a 4 month period that will be matched and then hired and supevised by Vector and seconded to the company. The program includes business case analysis, data analysis and prepration, proof of concept development, and documentation, making use of state-of-the-art reference designs and concepts from the Vector Institute.
Description (French)
Ce programme lié à un ACO soutiendra 30 entreprises à travers 3 cohortes à thème technique. Les entreprises d’innovation en matière d’IA qui ont l’intention de commercialiser des produits et des services liés à l’IA peuvent bénéficier d’une équipe d’associés en apprentissage automatique supervisé par vecteur, pour une période de 4 mois. Chaque entreprise recevra un effectif estimé à 1,5 équivalent temps plein pour une période de 4 mois, qui sera apparié, puis embauché et supervisé par Vector et détaché auprès de l’entreprise. Le programme comprend l’analyse de l’affaire, l’analyse et la préparation des données, le développement de la preuve de concept et la documentation, en utilisant les conceptions de référence et les concepts de pointe de l’Institut Vecteur.
Expected Results
The purpose of IRAP Contributions to Organizations is to support Organizations in building and integrating the innovation capacity in Canada for the benefit of Firms in Canada, primarily SMEs and to support Organizations in providing innovation assistance services to SMEs in Canada.
Expected Results (French)
Le PARI, par le biais des Contributions aux organismes, vise à soutenir les organismes en les aidant à construire et à intégrer leur capacité d’innovation au Canada au bénéfice des entreprises canadiennes, et plus particulièrement des PME et à aider les organismes à offrir des services d’aide à l’innovation aux PME au Canada.
Federal Riding
University--Rosedale
Federal Riding (French)
University--Rosedale
Federal Riding Number
35110
NAICS Code
54171
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Organizations
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux organismes
Program Purpose
The purpose of IRAP Contributions to Organizations is to support Organizations in building and integrating the innovation capacity in Canada for the benefit of Firms in Canada, primarily SMEs and to support Organizations in providing innovation assistance services to SMEs in Canada.
Program Purpose (French)
Le PARI, par le biais des Contributions aux organismes, vise à soutenir les organismes en les aidant à construire et à intégrer leur capacité d’innovation au Canada au bénéfice des entreprises canadiennes, et plus particulièrement des PME et à aider les organismes à offrir des services d’aide à l’innovation aux PME au Canada.
Recipient Business Number
728876525
Recipient City
Toronto|Toronto
Recipient Country
CA
Recipient Legal Name
Vector Institute
Recipient Postal Code
M5G 0C6
Recipient Province or Territory
ON
Recipient Type
N
Reference Number
172-2024-2025-Q1-1017820