Contribution: AI Compute Access Fund
PLC Group Inc.
$502,501.00
515850
FY 2025-26 · 2026-03-23
Summary
PLC Group is building Axin, an artificial intelligence-powered platform that transforms real-time sensor data into intelligent, self-optimizing actions.
Program
AI Compute Access Fund
Recipient
Location
Mississauga, Ontario, Canada
Recipient Type
For-profit organization
Business Number
826379786
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Additional Information
2025/26 to 2027/28,
Additional Information (French)
2025/26 à 2027/28,
Agreement End Date
2028-03-31
Agreement Number
515850
Agreement Start Date
2026-03-23
Agreement Title
515850
Agreement Title (French)
515850
Agreement Type
Contribution
Agreement Value
$502,501.00
Amendment Number
0
Description
PLC Group is building Axin, an artificial intelligence-powered platform that transforms real-time sensor data into intelligent, self-optimizing actions.
Description (French)
PLC Group développe Axin, une plateforme propulsée par l'intelligence artificielle qui transforme les données de capteurs en temps réel en actions intelligentes et auto-optimisées.
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
Mississauga--Malton
Federal Riding (French)
Mississauga--Malton
Federal Riding Number
35062
NAICS Code
541990
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
826379786
Recipient City
Mississauga
Recipient Country
CA
Recipient Legal Name
PLC Group Inc.
Recipient Operating Name
PLC Group Inc.
Recipient Postal Code
L4Z 1S6
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
033-2026-2027-Q2-515850
