TORONTO – INOVAIT introduced a name for purposes for the Winter 2026 Pilot Fund. The Pilot Fund is a non-dilutive funding program that helps cutting-edge analysis and improvement tasks in image-guided remedy and synthetic intelligence applied sciences.
This Pilot Fund spherical will present as much as $150,000 to advance promising applied sciences by way of 9 to 12-month R&D tasks.
The Pilot Fund helps industrial analysis – from discovering new data to growing technology-driven services – and large-scale demonstrations that advance improvements into market-ready purposes.
“Our Pilot Fund has invested $10.4 million by way of 83 tasks which might be reworking the medical know-how sector and healthcare throughout Canada, creating jobs, coaching the following technology of innovators, and positioning our medtech sector for international management,” stated Raphael Ronen (pictured), co-executive director of INOVAIT. “This Winter 2026 spherical represents our continued dedication to turning groundbreaking analysis into real-world options that enhance and save lives.”
Funding for INOVAIT is offered by way of the federal government of Canada’s Strategic Response Fund.
“Improvements in AI are reshaping affected person care by enabling extra exact diagnoses, safer procedures, and higher therapy outcomes,” stated the Honourable Melanie Joly, minister of trade. “The federal government’s funding in INOVAIT’s Pilot Fund will enhance the event of recent applied sciences to assist clinicians ship sooner, increased high quality care, which can enhance affected person outcomes for all Canadians.”
“AI is a strong driver of innovation, accelerating discovery and turning daring concepts into sensible options,” stated the Honourable Evan Solomon, Minister of AI and Digital Innovation. “By supporting AI-enabled analysis in image-guided remedy and medical applied sciences, initiatives like INOVAIT’s Pilot Fund assist Canadian innovators transfer sooner from idea to manufacturing, strengthening our know-how ecosystem and making certain Canada stays aggressive in a quickly evolving international financial system.”
This funding program is open to Canadian firms, tutorial establishments, hospitals, and not-for-profit organizations.
Pilot Fund tasks are chosen primarily based on their means to show distinctive scientific, medical, and technical advantage, and their potential for sturdy commercialization and financial impression.
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