Pilot Fund

Overview of the Pilot Fund program:

The INOVAIT funding program is designed to foster innovation in the healthcare sector by supporting R&D projects that integrate AI and medical imaging to improve image-guided therapy. By offering financial support to collaborative initiatives between businesses, researchers, and healthcare organizations, the program aims to advance cutting-edge solutions in medical technology. INOVAIT provides funding for projects that demonstrate potential for commercialization, have clear clinical or industry applications, and align with their mission of improving healthcare outcomes. Applicants are encouraged to submit proposals that feature interdisciplinary collaboration and a strong business case for the proposed innovation.

Benefits of the Pilot Fund program:

• Financial support for R&D projects in image-guided therapy.
• Encouragement of interdisciplinary collaboration between businesses, researchers, and healthcare professionals.
• Opportunities to advance commercialization of medical technologies.
• Contributions to improving patient outcomes through innovative healthcare solutions.

Eligibility criteria of the Pilot Fund program:

• Open to Canadian-based businesses, research institutions, and healthcare organizations.
• Projects must involve collaboration between multiple stakeholders, such as industry and academia.
• Proposals should focus on integrating AI and medical imaging for image-guided therapy.
• Applicants must demonstrate potential for commercialization and industry impact.
• Each project must involve two to four Canadian collaborators and must actively involve at least one Canadian small and medium enterprise (SME). At least one collaborator must be based in a province or territory outside of Ontario.