Valued at $15,000, the grant will be offered to startups in the field of artificial intelligence (AI), and will also include access to the full range of services provided by Fondation Montréal, as well as legal coaching by Lavery.
“With each passing day, Montréal is becoming the world city for artificial intelligence and six months ago, Lavery created
an AI legal laboratory to analyze and predict the impact of AI in specific areas of the law, from intellectual property to
the protection of personal information, including corporate governance and every aspect of business law. Our intention
in creating this grant was to resolutely propel start-ups working in this activity sector and offer them legal guidance using
the knowledge we developed in our laboratory,” said Guillaume Lavoie, a partner and head of the Lavery CAPITAL
The grant, which will be awarded annually each spring, will be given to the startup that has made the biggest impact in the area of artificial intelligence and that demonstrates potential for growth.
“Young entrepreneurs are increasingly incorporating artificial intelligence into the core of their business model. We are
happy that we can offer, in addition to the grant, services specific to this industry, thereby strengthening the role of
Fondation Montréal inc. as a super connector with the business community,” said Liette Lamonde, Executive
Director of Fondation Montréal inc.
Fondation Montréal inc. helps promising entrepreneurs through grants, access to a high-level business network, and the expertise of its experienced volunteers. The foundation awards over $700,000 in grants annually and has helped in the creation of more than 900 businesses since 1996.
Applicants can submit an application starting today through the Fondation Montréal inc. website.
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