Canada funds Saskatchewan businesses to lead in AI innovation

PrairiesCan announced investments totalling CAD $1,311,900 for three Saskatchewan projects to catalyze innovation using artificial intelligence (AI).

• Confirmed investments: PrairiesCan provided CAD $1,311,900 across three projects — Ground Truth Agriculture Inc. (CAD $586,900) to complete and commercialize an AI-driven benchtop and on-combine grain grading system for grain quality assessment and predictive grading; Greenwave Innovations Inc. (CAD $425,000) to implement AI features in an energy monitoring platform for commercial and industrial buildings (including leak detection and predictive maintenance); and Offstreet Technology Inc. (CAD $300,000) under the BSP program to enhance its cloud-based guest parking registration technology and expand its North American market.
• Program and funding context: The Regional Artificial Intelligence Initiative (RAII) is a CAD $200 million program (part of the government’s 2024 budget commitment) offering repayable and non-repayable, interest-free funding; PrairiesCan announced two repayable RAII investments (Ground Truth and Greenwave). The Business Scale-up and Productivity (BSP) program provides interest-free, repayable funding to incorporated businesses operating for at least two years (Offstreet’s CAD $300,000 award).