Province supports St. John’s-based AI company
The Province is providing $877,196 through its Business Growth Program to SiftMed Inc. The funding will support the development and commercialization of new artificial intelligence-powered technology.
St. John’s-based SiftMed uses artificial intelligence to automate the review and analysis of medical records for clients in the legal and insurance sectors.
Now, through an 18-month research and development project, the company will develop and commercialize new AI-powered reporting and collaboration tools and a platform that connects organizations with qualified medical experts.
The project will support SiftMed’s growth and expansion into new markets, while creating four new full-time technical positions in Newfoundland and Labrador.
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