Artificial Intelligence Commercial Implementation Grant
For qualifying businesses, this AI GRANT covers up to 50% of the AI implementation costs during the first 12 months of use. The designed goal of the grant is to assist small and medium sized businesses subsidize their operational costs of integrating AI technology, helping to increase their margins and positively impact the economy as a whole.
Any business looking to qualify for this grant must first meet the following requirements*:
-Business must be located within the United States of America.
-Business must be established (more than 1 year in business- No Start-Ups).
-Business must be NEW to integrating artificial intelligence technology into their business.
*See additional qualifying requirements, details, and restrictions below.
AI GRANT FAQ's
What are the qualification requirements?
-Business must be located within the United States of America.
-Business must be established for more than 1 year.
-Business must be NEW to integrating artificial intelligence technology into their business.
-Business applications within the following sectors will be prioritized due to economical impact: legal, real estate, local service, medical, insurance, automotive, food & entertainment, solar, business development, and health & wellness.
-Business must have an annual revenue of at least $120,000 for the last 12 calendar months.
Is this money that my business is required to pay back?
No. As with any grant, this money is set aside for a specific purpose and is used exclusively for that purpose. The qualifying business is not required, obligated, or responsible for any money used by this grant.
What exactly is this money used for?
Official Answer: The AI Commercial Implementation Grant, if awarded, can only be used for artificial intelligence development, integration, implementation, and usage. Simple Answer: using generative AI or machine learning within your business. Examples: AI chatbots or AI "agents", AI marketing integrations, AI data analysis etc..
If I apply and qualify, then decide not to use it, what happens?
For any business that qualifies and decides not to accept this grant within 30 days, the application is withdrawn and awarded to another business. The previously qualified business will need to reapply after 30 days.
If my business is awarded, I accept, but then decide to stop within the 12 months, what will happen?
There is no requirement for an awarded business to maintain AI service for the full 12 months. For any business that accepts this grant, the total 12 month's awarded grant is paid out. If the business decides to stop use of the awarded grant during the grant's 12 month period, the approved AI vendor must file a report and then the remaining amount can be awarded to another qualifying business. The original awarded business would no longer be eligible for the grant in the future as they would no longer be "NEW" to AI.
Does my business get a check, or how is the grant awarded?
This grant is awarded to the business via the approved AI vendor they are applying through. The grant is paid out over a 12 month period to the approved AI vendor, who is required to log and track progress of the awarded business's AI usage. Specifically here at Klever Boy AI, we provide a code to awarded businesses that they use during signup that discounts their costs by their awarded amount and we handle all tracking of progress and reporting. This provides a simple and seamless process for businesses awarded this grant through Klever Boy AI.
What is the AI GRANT application process like at Klever Boy AI?
1-Complete the AI GRANT application on this page
2-The application is received and reviewed (Typically 48-72 hrs)
3-You are notified about the decision
4-If awarded, you are sent an email with the awarded amount and award code to use during sign up
5-If you are not awarded, you can reapply after 30 days
6-If awarded but fail to accept by using the award code during signup within 30 days, your application is withdrawn and you will need to reapply.