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Government Of Canada Invests $506 Million Into AI and Computer Science Research

Government Of Canada Invests $506 Million Into AI and Computer Science Research

Technology Sector Funding Government

University of Calgary, University of Victoria, Memorial University to secure research funding.

The Government of Canada is making a commitment of $506 million into the country’s pool of researchers. The funding is being made through the Natural Sciences and Engineering Research Council of Canada’s (NSERC) Discovery Research programs.

A total of around 69 institutions were granted funding from the Discovery Grants program this year, representing more than 1,725 researchers.

Researchers from across Canada will receive over $430 million of this cumulative amount to continue research programs in a wide variety of disciplines such as artificial intelligence, computer science, climate change, and biology.

The $506 million also includes $73.8 million to provide researchers with one-time, one-year extensions to their existing Discovery Research grants. The federal government is also allocating $850,000 for 28 researchers to promote and maintain a diversified base of high-quality research in small universities across Canada.

Discovery grants are awarded to ongoing research programs with long-term goals rather than a single short-term project or collection of projects. Funding provided through Discovery are typically five years in duration and considered “grants in aid” or research as they provide operating funds and can facilitate access to other funding opportunities but are not meant to support the full costs of a research program.

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Media Contact : Betakit

Source : https://betakit.com/government-of-canada-invests-506-million-into-ai-computer-science-research/

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