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: 22°C | Low: 12°C

    • Deer Lake

      Sunny intervals

      High: 23°C | Low: 11°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Nominations of candidates for election

      Nominations of candidates for election to the Council for the City of Corner Brook will be received between the hours of 9:00 a.m. and 4:00 p.m. starting on this Thursday, August 28th.

    • Sunday Night Geek

      Sunday Night Geeks August 24 2025

      Sunday Night Geeks August 24 2025

    • Corner Brook In Council

      Corner Brook City Council Meeting, Monday August 18, 2025

      Corner Brook City Council Meeting, Monday August 18, 2025