Over half a million dollars in funding to support for trophy.ai

    Monday, 18 December 2023 07:00

    By Tonya Organ

    The company has also recently secured approximately USD$2.4 million in seed investment.

    Industry, Energy and Technology Minister Andrew Parsons has announced over half a million dollars to support business growth and client development. Funding is available for trophi.ai through the Business Growth Program. Nine new technical positions have been added, in addition to four positions that have already been filled. Parsons says funding will cover about 35 percent of total salary costs. He says Trophy.ai has partnered Rocket League, Assetto Corsa Competizione and F1-2023. The company has also recently secured approximately USD$2.4 million in seed investment, as well as advisory services and up to $200,000 from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). 

     

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

     

     

     

    BayFM recognizes support from the following agencies:

                        

    Today's Weather

    • Corner Brook

      Heavy Rain

      High: 8°C | Low: 0°C

    • Deer Lake

      Heavy Rain

      High: 8°C | Low: 1°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Atlantic Jazz Nights

      Atlantic Jazz Nights coming to Corner Brook and Stephenville

    • The Plain Truth

      The Plain Truth, Wednesday April 16, 2025

      The topic of this week’s show is Parenting

    • Corner Brook In Council

      Corner Brook City Council Meeting, Monday April 15, 2025

      Corner Brook City Council Meeting, Monday April 15, 2025