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The Canada AI Compute Access Fund, administered by Innovation, Science and Economic Development Canada (ISED), provides financial support to help small and medium-sized businesses (SMEs) access the compute power needed to scale and commercialize innovative AI projects. The program has a total budget of $300 million CAD and offers awards from $100,000 to $5 million CAD per project over up to three years.
The fund covers two-thirds of eligible costs for Canadian cloud-based AI compute services and half of eligible costs for non-Canadian compute services. Successful applicants receive funding as non-repayable, conditionally repayable, or repayable based on project alignment with public benefits and program goals.
The fund is part of Canada's broader Sovereign AI Compute Strategy and complements the AI Sovereign Compute Infrastructure Program. On May 2026, Minister Solomon announced support for 44 Canadian companies across life sciences, healthcare, energy, advanced manufacturing, agriculture, finance, natural resources, and transportation through this fund.
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Or search similar grants →According to the current listing, eligibility includes: Canadian-registered for-profit companies with fewer than 500 full-time employees. Must be revenue-generating or demonstrating Series A financing or greater. Must be developing AI products or services with a clear commercialization pathway. R&D team must be based in Canada with project activities conducted in Canada. Must have compute services agreements in place or in progress with cloud compute providers. Confirm the full requirements in the official notice before applying.
The current listing shows $100,000 to $5 million CAD per project (approximately $73,000 to $3.65 million USD) over up to three years. Part of a $300 million CAD total fund. The first call announced support for 44 projects totaling $66 million. Funding covers two-thirds of eligible costs for Canadian cloud-based AI compute and half for non-Canadian compute services. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Canada AI Compute Access Fund for SMEs to Scale and Commercialize AI Projects is funded by Innovation, Science and Economic Development Canada (ISED). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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