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

      Sunny intervals

      High: 7°C | Low: 1°C

    • Deer Lake

      Sunny intervals

      High: 6°C | Low: 0°C

    • Stephenville

      Heavy rain shower

      High: 5°C | Low: 1°C

    Recently Played

    Podcasts

    • Center Stage with Stella

      Center Stage with Stella, April 8, 2026

      This week's guests are Chris and Kerry Wells (The Sunday Night Boys)

    • NL Summer Games 2026

      NL Summer Games 2026

      Secretary of the Host Committee Cara Pye joins Lenny on Bay Fm.

    • The Plain Truth

      The Plain Truth, Wednesday April 8, 2026

      Host Paula Sheppard's guest this week is Will Lummis, Regional Addictions Prevention Consultant with NL Health Services Western Zone