Canada! Let's Operationalize Responsible AI

UPDATE: $200 million to help bring new AI technologies to market and drive AI adoption by small and medium-sized enterprises in Canada. Application from October 22, 2024, to  December 20, 2024.

Get started with ISO 42001 certification before Dec 20 to fulfill ALL the requirements for Responsible AI below:

In question 34, indicate key risks associated with the project (e.g., financial, trade, regulatory, and any implementation risks that may impact a successful project outcome, including related to responsible AI) as well as potential risk to the broader economy (e.g., workforce impacts of the AI or AI-driven solution). Also, please identify risk mitigation measures for the project. Specifically related to responsible AI:
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The Supplemental Form includes a dedicated question on your business's strategy and alignment with responsible AI and applicable legislation. Use that form to answer whether or not your company has a strategy in place to ensure that it develops and deploys AI technologies ethically and responsibly. Describe your plan, including project activities, to address risks related to the relevant principles of the responsible development and use of AI. At a minimum, you must describe human oversight and accountability frameworks and measures to address cybersecurity risks (e.g., plans, policies, and governance structures in place to prevent unauthorized use of, and access to, data you collect and use). Where relevant, identify measures to support other elements of responsible AI, including data privacy and governance, fairness, equity, and safety.
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- To support your response, you may submit your company's cybersecurity strategy, certifications, etc.
- As relevant, demonstrate how your company has and will comply with current and anticipated applicable legislation and/or regulatory requirements in Canada and target markets, such as the Personal Information Protection and Electronic Documents Act
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ISO/IEC 42001:2023 — or simply ISO 42001 — is the first international, certifiable standard focusing on AI Governance, Risk and Compliance management. It is “an international standard that specifies requirements for establishing, implementing, maintaining, and continually improving an artificial intelligence management system (AIMS) within organizations.”

The primary purpose for startups and SMBs to adopt ISO 42001 is to help your organization establish a structured AIMS and demonstrate trust among enterprise customers through the ethical and transparent development, deployment, and monitoring of AI systems.
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According to Gartner Research, enterprise customers are scrunizing AI vendor solutions due to two key Enterprise AI risk concerns: Data Compromise and Third Party Risk Management.
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ISO 42001 is a proven standard aim to systematically operationalize policies and controls to identify, quantify, mitigate and monitor risks associated with AI technology to provide the trust needed for safe, secure and compliant Enterprise AI adoption.

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"Fairly AI team has been incredible to work with. Super customer-centric and genuine value adders. If Responsible AI is important to you talk to them!!!"
- Drew Lindsay, Founder, GuruLink PathPilot

"Fairly AI is the asychronics check that keeps us in line so we know we can make changes on the engineering side and the product still stays unaffected."
- Addy Bhatia, Founder, Suno Wellness

''It took us a little over four years to establish ourselves as a well-known major player in our space. By leveraging our AI Governance expertise, we truly believe we can help more Canadian AI companies accelerate their journey to become dominate responsible AI vendors winning on the global stage collectively."
- Fion Lee-Madan, Co-Founder, Fairly AI