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Explore our Budget 2026 analysis

Contribution: AI Compute Access Fund

Acto Technologies Inc.

$417,679.00

515686

FY 2025-26 · 2026-03-26

Summary
ACTO will advance PharmaForce and CxZone to improve training, knowledge access and customer engagement in life sciences, enabling safe, scalable AI and faster time-to-competency.
Program
AI Compute Access Fund
Location
Toronto, Ontario, Canada
Recipient Type
For-profit organization
Business Number
832380182
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Additional Information
2025/26 to 2028/29,
Additional Information (French)
2025/26 à 2028/29,
Agreement End Date
2028-12-31
Agreement Number
515686
Agreement Start Date
2026-03-26
Agreement Title
515686
Agreement Title (French)
515686
Agreement Type
Contribution
Agreement Value
$417,679.00
Amendment Number
0
Description
ACTO will advance PharmaForce and CxZone to improve training, knowledge access and customer engagement in life sciences, enabling safe, scalable AI and faster time-to-competency.
Description (French)
ACTO fera progresser PharmaForce et CxZone pour améliorer la formation, l'accès au savoir et l'engagement client en sciences de la vie, permettant une IA saine et rapide.
Expected Results
As a part of the AI Compute Access Fund, this project will accelerate Canadian AI innovation and commercialization and support the use of a diverse range of external compute suppliers so companies can stay competitive in a rapidly changing industry.
Expected Results (French)
Le Fonds d'accès à une capacité de calcul pour l'IA offre un soutien financier aux petites et moyennes entreprises (PME) canadiennes afin de leur permettre d'accéder à la capacité de calcul dont elles ont besoin pour développer et commercialiser leurs projets innovants dans le domaine de l'IA.
Federal Riding
Spadina--Fort York
Federal Riding (French)
Spadina--Fort York
Federal Riding Number
35101
NAICS Code
54
Organization Code
ic
Organization
Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada
Program Name
AI Compute Access Fund
Program Name (French)
Fonds d'accès à une capacité de calcul pour l'IA
Program Purpose
The AI Compute Access Fund offers financial support to help Canadian small and medium-sized businesses (SMEs) access the compute power they need to scale and commercialize their innovative AI project.
Program Purpose (French)
Dans le cadre du Fonds d'accès à une capacité de calcul pour l'IA, ce projet accélérera l'innovation et la commercialisation de l'IA au Canada et favorisera le recours à divers fournisseurs externes de services de calcul en vue de permettre aux entreprises de rester compétitives dans un secteur qui évolue rapidement.
Recipient Business Number
832380182
Recipient City
Toronto
Recipient Country
CA
Recipient Legal Name
Acto Technologies Inc.
Recipient Operating Name
Acto Technologies Inc.
Recipient Postal Code
M6K 1X9
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
033-2025-2026-Q4-515686