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Alberta AI Business Plan Overview
Alberta AI Business Plan Overview
Business Plan
January, 2019
The Opportunity
The Fourth [revolution] is evolving at an China has laid out a development plan to
exponential rather than a linear pace. become the world leader in AI by 2030,
Moreover, it is disrupting almost every building a domestic industry worth $150
industry in every country. billion.
A 2-day AI strategic planning session in July 2018 resulted in a Vision and selection of a
Steering Committee.
The Steering Committee has representatives from academia, industry, service providers,
local organizations working since then to gather additional inputs from the community and
ensure that the business plan created addresses the requirements and leads to the
achievement of the vision.
Interviews conducted with Interviews with 5 community profiles: Support from businesses,
various ecosystem players to young local tech talent, business leader, investor groups, higher
gather data for initiatives and investor, university AI researcher and a education institutions and
to build the business plan startup founder to understand the other AI bodies.
varying ecosystem needs
Business Plan
AI Community Socialization
Steering
Meetups Committee Meetings Market Research
70+ leaders from the Jurisdictional scan and market
Weekly 3-hour steering
community attended 2 research to supplement the We are here
committee working sessions
community meetups with inputs obtained from the
with guest participation from
ongoing communication via a consultations
industry and government
website and a slack channel.
DRAFT
Our Vision:
“A world-class hub for AI-driven products and services creating a billion dollar
industry in Alberta by 2025”
Our Ambition:
“Continually growing a local ecosystem of fundamental and applied research, talent, data,
infrastructure and capital that leads to the creation of commercially-focused intellectual property and
ethically responsible and globally competitive AI-driven products, services and companies”
5
The Business Plan: Blueprint
The target ecosystem, which will drive new AI jobs, new companies & projects and economic growth is
created through five enablers.
Economic
Growth New
New Companies
Jobs & New
Projects
ECONOMIC
TALENT DEVELOPMENT MARKET PRESENCE
INVESTORS INTERNATIONAL
AGENCIES COMPANIES UNIVERSITIES
Develop the workforce Strengthen profile, build
GOVERNMENT &COLLEGES
that will be employed in
START-UPS community and increase
the AI ecosystem AI market share
ASSOCIATIONS • Trade Events
• Entrepreneurs AI INSTITUTE
• Innovators
ALBERTA MACHINE
LARGE INCUBATORS • Competitions
INTELLIGENCE INSTITUTE INDUSTRY • Summits
• Technical Talent (AMII) ASSOCIATIONS
CORPORATES
• Executive Talent • Branding and Marketing
• Business Talent • Community Events
Ecosystem Players
• Public Relations
MARKET PRESENCE
TALENT
RESEARCH
INDUSTRY SOLUTIONS
& DEVELOPMENT
INFRASTRUCTURE
INDUSTRY SOLUTIONS
RESEARCH Enablers Create the environment to
& DEVELOPMENT foster industry engagement
in the ecosystem
Build on our world-class • Education
academic research and • Ideation
INFRASTRUCTURE • Prototyping
translate it into
Create the environment that • Product Development and
Intellectual Property
is required to succeed Launch
creation • Industry Data
• Scientific Research • Funding / Capital
• Applied Research • Technology
• Space
3
Copy
Enablers
Overview
Develop the workforce that will be
employed in the AI ecosystem
• Entrepreneurs
Talent • Innovators
• Technical Talent
• Executive Talent
• Business Talent
T1: Expand
university T5: Promote
T3: Strengthen T4: Develop AI
education T2: Expand AI flexible
AI talent talent exchange
programs & internships & co- academia/
recruiting & mentorship
supporting op programs industry
programs programs
training positions
programs
§ Increased student capacity, § Increased number of AI related § Expanded ongoing recruitment § Increased number of students § Increased number of joint
faculty positions & infrastructure co-op/intern positions programs in and outside of and professionals participating academia/industry researcher
at UofA § Increased number of students Edmonton in AI exchange programs roles created
§ New certificate programs for taking up internship and co-op § Competitive offers, benefits and § Increased number of new AI § Increased patent creation and
retraining and product opportunities incentives to attract and retain entrepreneurs matched with a commercialization activity by
development skills § Centralized easy-to access talent mentor every year researchers who hold joint
§ Expanded supporting programs at website with related co- § Centralized easy-to access academia/industry positions
other Alberta universities and op/iintern postings website with AI related job
colleges postings
§ Recommendations for updates to
K-12 curriculum
Build on our world-class academic
R2: Expand
R1: Expand
applied &
academic
industrial
research
research
capacity
capacity
§ Addition of new researchers in AI § Alberta is ranked to being the world's best at the
§ Increased number of students performing intersection of industry and AI
research § Increased number of corporate research labs and
§ Increase in funding for AI research research collaborations with UofA and Amii
§ Diversification of AI research focus beyond § Increased number of jobs created through corporate
Reinforcement Learning and Gaming labs and research collaborations
§ Expanded facility & technology capacity to § Enhanced coordination and collaboration with
meet the research expansion needs improved connections between innovation supports
and outputs (supply side) and industry receptors
(demand side)
Create the environment that is required
to succeed
Infrastructure
• Funding / Capital
• Technology
• Data
• Space
§ Increased public and private § World-class accelerator § Committee operational and § Headquarters (physical
investments in AI established chair selected and/or virtual) established
§ Increased in availability of § Increased number of new § AI Hub recognized as the in existing or new space
risk capital and increased ideas funded / year with the go-to driver of AI § AI Hub portal established as
deal flow visibility support of the AI engagement in Alberta the one stop shop for all
§ Increased visibility in how Accelerator information related to AI
to obtain funding § Use cases and business
§ Increased number of problems identified that can
companies and projects be solved using AI startups
funded § Increased number of jobs
created
Industry Create the environment to foster
industry engagement in the
Solutions ecosystem
IS2: Expand
IS1: Establish Industry AI I4: Expand
AI Product Knowledge Large Industry
Dev. Program Transfer Data Sets
Program
§ Increased number of AI § Greater synergy between industry and § Increased number of data
products developed researchers sets available for AI
§ Increased number of § Increased commercialization of research research
startups applying for the § Industry use cases identified and research is § Increased number of
accelerator program able to meet the industry needs products developed based
§ Increase industry interest in new AI technology on the use of large industry
data sets
§ Industrial organizations identified and trained
to adopt AI
Strengthen profile, build the community
and increase market share
• Trade Events
• Competitions
§ Increased social media § Increased collaboration § Ongoing large conferences § Increased buy-in from § Increased opportunities for
presence and creation of with other cities and and summits and smaller current associations and stakeholders to get familiar
Edmonton AI brand countries and with events like hackathons groups with AI and its potentials
§ Raise international municipal, provincial and § Open data student research § Increased collaboration § Increased awareness and
awareness of Alberta's AI federal trade departments contests with existing or new trust with business leaders,
strengths and capabilities § Increased customer and/or § Ongoing involvement in the industry associations that community, investors and
§ Increased talent and partnership opportunities Summer school program focus on the application of students
investment attraction and for the local AI community § Monthly community AI in specific industry § Increased number of
retention § Increased number of visits meetups to keep the sectors stakeholders involved in the
§ Accelerated AI adoption by key customers and ecosystem stakeholders § Increased clarity in mandate AI ecosystem
across Alberta partners to Edmonton and engaged and value of AI user groups
Alberta
In addition to the enablers identified for
Enablers
creating the target ecosystem, there is a
need to advocate for key changes to
bridge gaps in the ecosystem
The Business Plan: Initiatives and Calls to Action
T1: Expand
Talent university T2: Expand T3: T4: Develop T5: Promote Calls to Action
education AI Strengthen AI talent flexible
Develop the workforce that programs & internships AI talent exchange & academia/ In addition to the enablers
will be employed in the AI supporting & co-op recruiting mentorship industry identified for creating the target
ecosystem training programs programs programs ecosystem, there is a need to
positions
programs advocate for key changes to
bridge gaps in the ecosystem
FUNDAMENTAL
RESEARCH DEVELOPMENT COMMERCIALIZATION NEW JOBS
RESEARCH
ECONOMIC GROWTH
New
New Economic
Companies
Jobs Growth
& Projects
New Companies Specialized AI Jobs
Our Billion Dollar Industry
Increase in the number of AI local startups and Increased demand allows for specialized AI talent
A potential result of sustained demand in AI
inflow of new international corporates to Alberta formed here to remain in the province
Supporting Jobs
Increase in Projects Economic Diversity
Growth in supporting jobs (data support, business
Increase in the number of AI related projects, Crucial for stable long-term economic growth
support) allows re-skilling opportunities
research collaborations and corporate labs
Community Governance
Support and buy-in from
community to take this
planning forward with the right
level of oversight, governance
and accountability 6
To be successful, it is important to start right away! The journey begins with
maintaining the support to Amii and executing a 60 day action plan.
Step 0 Define and formalize the governance structure to own and deliver the business plan
§ Finalize key decisions around governance of the business plan.
§ Obtain funding dollars to recruit the resources (in existing entiti(es) or new entity) and initiate the execution of the plan
§ Research & Development: Define new research positions and identify potential candidates for consideration
§ Infrastructure: Initiate talks with existing world class accelerator programs to short-list accelerators that meet Edmonton's
needs
§ Market Presence: Initiate development of marketing plan and initiate branding efforts (the plan will be amplified as funding
17 is
obtained)
Thank you
Ashif Mawji
Partner, Rising Tide VC
ashif@rtf.vc
Bruce Alton
Partner, A-Partners
bruce@a-partners.ca