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The Regional Artificial Intelligence Initiative
(RAII)

Receive up to $5M in Government Funding
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What is the Regional Artificial
Intelligence Initiative (RAII)?

The rapid advancement of artificial intelligence (AI) is reshaping industries worldwide, fostering innovation, and unlocking extraordinary possibilities. Canada has emerged as a global leader in AI, driven by its dedication to fostering research, development, and adoption of cutting-edge technologies. A key initiative fueling this progress is the Regional Artificial Intelligence Initiative (RAII), which empowers businesses and organizations to integrate AI solutions for sustainable economic and societal advancement.
The RAII is a pivotal program aimed at advancing AI innovation and adoption across Canada.

Benefits of SR&ED?

  • Reduce your tax liability

  • Provides refundable and non-refundable tax credits

  • Supports your R&D efforts and helps you stay competitive

Qualifying Activities

  • Experimental development to achieve technological advancement

  • Applied research for practical applications

  • Basic research to advance scientific knowledge

  • Support work directly related to experimental development, applied research, or basic research

Eligibility Criteria

  • Any business conducting qualifying R&D activities in Canada

  • Expenditures must be incurred for eligible SR&ED activities

  • Includes salaries, wages, materials, overhead, and subcontractor costs
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Funding and Eligibility

Funding Overview

Types of Businesses

  • .Maximum funding: Up to $5 million per project.
  • .Contribution coverage:
  • Up to 50% for businesses.
  • Up to 90% for not-for-profits.
  • .Repayment:
  • Interest-free funding for businesses.
  • Non-repayable funding for not-for-profits.

Eligibility Criteria

  • .For-profit businesses, including AI start-ups and SMEs.
  • .Not-for-profit organizations, such as educational institutions and Indigenous-led groups.
  • .Municipal, provincial, and territorial governments.

Streams of Support: Pillars of RAII

1. AI Productization and Commercialization

  • .Focus: Supporting businesses in bringing AI solutions to market.
  • .Examples: AI for data analytics, robotics, and advanced manufacturing.
  • .Benefits:
  • Access to growth capital.
  • Guidance on regulatory compliance.
  • Recruitment of skilled talent

2. AI Adoption

  • .Focus:Integrating AI into existing operations to boost efficiency.
  • .Examples:
  • Predictive maintenance for manufacturing.
  • Inventory optimization for retail.
  • .Benefits:
  • Bridging skills gaps.
  • Increasing competitiveness

Program Objectives and
Broader Impacts

Aligned with Canada’s 2024 Budget, the RAII aims to:
  • Drive innovation and commercialization, especially for SMEs.
  • Create jobs while addressing environmental challenges through AI-driven solutions in agriculture, clean technology, and healthcare.

How to Apply?

Submit an initial application via the RAII Application Form.

Undergo a review by regional officers.

Receive an invitation for full submission.

Apply for Funding

Navigating the complexities of finding and applying for the right funding program at the right moment, while addressing the most relevant priorities, can be a daunting task. Our expertise allows us to deliver an average of 95% time savings for our clients, compared to businesses managing funding applications independently.

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Why Choose Digitize Media Corp for RAII?

Our Unique Approach

Our Expertise

Our team is made up of seasoned CPAs and SRED specialists, bringing decades of expertise in obtaining SRED tax credits.

Personalized Attention

We customize our services to address the unique requirements of your business, guaranteeing that every eligible expense is claimed.

Comprehensive Service

From the initial consultation to claim submission and audit defense, we manage every aspect of the SRED process.

Proven Success

We have a proven track record of successfully securing millions in SRED tax credits for our clients, consistently maximizing their claims and improving their financial results.

Our
Expertise

Our team is made up of seasoned CPAs and SR&ED specialists, bringing decades of expertise in obtaining SR&ED tax credits.

Personalized
Attention

We customize our services to address the unique requirements of your business, guaranteeing that every eligible expense is claimed.

Comprehensive
Service

From the initial consultation to claim submission and audit defense, we manage every aspect of the SR&ED process.

Proven
Success

We have a proven track record of successfully securing millions in SR&ED tax credits for our clients, consistently maximizing their claims and improving their financial results.

Manufacturing

Information Technology

Machinery and Equipment

Design and Construction

Plastics

Computer Sciences

Material Development

Food and Beverages

Pharmaceutical

Engineering

Health Sciences

SRED Consulting Services

How We CanHelp

At Digitize Media Corp, we provide comprehensive SRED consulting services designed to guide you through the intricacies of the SRED tax credit program and optimize your claims.
Our experts will provide a free consultation and then review your projects and activities to determine if they qualify under the SR&ED program.
Our team will handle the preparation and submission of your SRED claims, ensuring all eligible expenditures are included and providing detailed technical and financial reports to support your claim.
If your SRED claim is selected for audit, we provide comprehensive audit defence services. Our experts will represent you in front of the CRA, making sure that your claim is defended and approved.
Our team ensures that your documentation meets CRA requirements and standards.
We offer training sessions for your team to help them understand SRED requirements and improve the quality of your claims. This includes ongoing support.
We also help you identify and apply for other government grants and incentives that your business may be eligible for.
Our process includes detailed project analysis, thorough documentation, and continuous support.

Program Deadline

Speak with a member of our team to find the latest intake period info
for this program or subscribe to our newsletter to be notified.
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