New Brunswick Innovation Foundation Launches Artificial Intelligence Fund

Atlantic Canada Opportunities Agency

January 19, 2022 · Fredericton, New Brunswick · Atlantic Canada Opportunities Agency (ACOA)

Artificial intelligence (AI) is fast becoming one of the most impactful technologies in the world, with great potential for generating growth, creating well-paying jobs and supporting innovation for years to come. By strategically investing in AI, the federal government is taking steps to engage Canadians on how to capitalize on its potential while helping solve some of today’s biggest challenges.

New AI fund launched

Today, the Honourable Ginette Petitpas Taylor, Minister of Official Languages and Minister responsible for ACOA, along with Jenica Atwin, Member of Parliament for Fredericton; and Jeff White, CEO of the New Brunswick Innovation Foundation (NBIF), officially launched the NBIF’s new Artifical Intelligence (AI) Fund.

The AI Fund features a suite of programs designed to accelerate AI applied research capacity in New Brunswick and will focus on building a strong AI talent pool, engaging industry and supporting technology adoption of AI by companies.

Today’s announcement further demonstrates the Government of Canada’s commitment to help businesses use technology and digital platforms as a way to innovate and grow their businesses in a rapidly changing economy.

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