The INOVAIT network launched the Spring 2021 round of funding for collaborative research and development projects on March 8, 2021 with a deadline of April 15, 2021. Successful applicants can receive pilot funding of up to $125,000 for a short-term project that ends no later than March 31, 2022.
The funding is designed to encourage research and development, accelerate technology transfer and commercialization of products, facilitate the growth and expansion of firms, and advance industrial research and technology demonstration activities through collaboration and large-scale initiatives. Within this mandate, INOVAIT supports collaborative research and development projects that harness strength and diversity in artificial intelligence research and image-guided therapy product development and commercialization. Matching funding is expected from the recipients. Larger amounts of funding will be available in future years.