Supply Chain AI at MaRS is a program housed at MaRS Discovery District, in partnership with Scale AI. Scale AI is a program stemming from the AI-Powered Supply Chains Supercluster, created in partnership with the Government of Canada. It aims to support the emergence and acceleration of high-potential, Canadian venture companies that are focused on building applied AI and intelligent supply chain products and services, with the objective of fostering emerging global leaders.
The Supply Chain AI program at MaRS supports a cohort of up to 12 eligible venture companies applying AI to supply chains, providing them with hands-on advice, mentorship, market insights and subject matter expertise, along with marketing opportunities and critical connections to capital, talent and customers.
Application requirements:
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The applicant (also referred to as a Venture) must be:
- both incorporated, based and operating in Canada
- focused on applied AI and intelligent supply chain products and/or services
- less than 2 years old, or employs fewer than 500 globally (including its affiliates) or has had an average annualized revenue growth rate of greater than 20 percent over the past three years
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an existing MaRS Growth Services venture company at the time of application; or part of and referred by an incubator, accelerator or other entrepreneurial program within Canada
- *ventures selected for the program agree to join the MaRS portfolio
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Venture must be at the validation stage, have developed a minimum viable product (MVP) and able to demonstrate evidence that their technology solves a real problem for an identified market or is at the efficiency stage, experiencing initial traction in a receptive-enough market to build a business in
- *venture stage definitions were adopted from the following article
- Venture must fall under one of the industry sectors and supply chain categories outlined in the application form
- Venture must demonstrate evidence of customer interest and traction
Ventures that are remote can still participate in this Program as many of the deliverables will be adapted to offer a digital version due to the current circumstances around COVID-19.
Participant benefits
Selected companies will participate in a six-month program, from January 2022, to June 2022, and will receive access to the following benefits, over and above the existing MaRS Growth Services offerings:
- Business advisory services
- Capital and talent intensive programs
- Market intelligence insights and services
- AI/ML consulting services
- Six-month residency in the MaRS Beta coworking space (optional) and online community
- PR and creative services
- Participation in high-profile MaRS Supply Chain AI conference and demo day to connect with prospective customers and investors, as well as access to sessions and events exclusive to the Supply Chain AI cohort
- Opportunity to connect and network with peers and access to mentors in the Supply Chain AI industry
Key dates:
Applications will be available on December 6th, 2021 (commencing at 10:00 a.m. EST) and end on December 23rd, 2021 (ending at 11:59 p.m. EST)
Deadline for application submission: December 23, 2021
Review and selection period: December 23, 2021 - January 17, 2022
Cohort selection: January 17, 2022
Program start: January 27, 2022
Program end: June 30, 2022
For More Information: MaRS Supply Chain AI Accelerator Program