Borealis AI, a Royal Bank of Canada (RBC) Institute of Research, on Tuesday announced the launch of the Borealis AI Graduate Fellowship Program.

The fellowship will offer financial support to domestic and international students wishing to pursue graduate-level work in the fields of machine learning or artificial intelligence at a Canadian university.

“We truly believe there’s no better place in the world right now than Canada to be studying AI-related fields,” says Foteini Agrafioti, chief science officer of RBC and Head of Borealis AI, in a statement.

The 10 fellowships will be awarded to outstanding students in master’s and PhD-level areas of study who have already been admitted to a Canadian school. Requirements for participation include a demonstration of strong research capabilities and a sound research proposal for graduate studies. Borealis AI will commit $100,000 annually to the fellowships, which will be administered directly to the school where the winners are registered.

There will also be opportunities for fellowship winners to apply for a number co-op and internship positions around the Borealis AI network of labs in Toronto, Edmonton, Waterloo and Montreal.

Submissions for the program open Feb. 20, and close on Sept. 28.

For more information about the fellowship program, full eligibility criteria and to submit an application, visit: