AI in Manufacturing: Grants, Loans & Resources You Need

Are you considering using Artificial Intelligence (AI) to modernize your manufacturing operations but don’t know where to start? AI is transforming the manufacturing industry, helping businesses improve efficiency, reduce costs, and innovate faster. With multiple funding opportunities and resources available, now is the perfect time to launch your AI project.

So, we’ve compiled a list of grants, loans, and resources to help you take the first step toward adopting AI solutions:

Funding Programs for AI Projects

• Scale AI

  • Scale AI helps companies enhance their AI-based product and service offerings, as well as assists with AI go-to-market strategies to boost revenues.
  • Funding Amount: Up to 40–50% of eligible project costs.

• Regional AI Development Programs

  • These programs support projects that help businesses and manufacturing organizations take AI solutions and technologies from the lab to the marketplace through AI production and commercialization.
  • Funding Amount: Up to 50% of the project costs in the form of a repayable, interest-free loan.

• AI Assist Program

  • Designed to help innovative SMEs navigate the challenges of developing and adapting generative AI (GenAI) and deep learning (DL) solutions and to assist SMEs with awareness, planning, and execution.
  • Funding Amount: Up to 80% of costs can be covered for labor-related activities, and up to 50% of costs can be covered for contractor services.
  • Learn more about the program here.

• Where to Start?

  A common challenge manufacturers face is understanding how AI can address their specific problems. We’ve gathered some resources to guide you:

  • Webinar by AI4Manufacturing Canada explaining AI use cases in manufacturing.
  • List of trusted AI service providers and AI4 Manufacturing members;
  • Case studies & use cases to help you see how other manufacturers are already benefiting from AI:
    • Some of the use cases by Agyle Intelligence
    • AI solutions for manufacturing by AI Innovate
    • Shoplogix case study about increasing plant productivity with AI

  These resources will help you identify potential use cases and better understand the value AI can bring to your operations.

  How We Can Help

  We can assist you with grant writing and application preparation to ensure your AI project gets the funding it needs. Additionally, we work closely with experienced AI solution providers who can:

  • Understand your unique business needs.
  • Identify the right AI solutions tailored to your problems.

  With funding deadlines fast approaching, now is the time to explore how AI can transform your manufacturing processes.