grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|maxCount
grant_single|deadlines
  • grant_single|openingDateAugust 23, 2021
grant_single|financingType
Wage Subsidies And Interns
grant_single|eligibleIndustries
  • grant_single|allIndustries
grant_single|grantors
  • Mitacs
grant_single|status
grant_card_status|open

grant_single_labels|preview

Get a contribution to cover a portion of eligible expenses for a collaborative project. Activities should address a business innovation components (R&D to improve connectivity, access to innovation, enabling partnerships and providing training for SMEs,

grant_single_labels|projects

This grant is designed to benefit Canadian businesses, suggesting eligibility for companies operating within Canada. The geographical focus aligns with supporting innovation within Canadian regions.
  • Businesses located across all Canadian provinces.
  • Organizations situated in Canada's territories.
grant_single|admissibleProjectsExample

$10,000

Creating an e-learning platform for mental health education

$10,000

Launching a sustainability consulting firm focusing on renewable energy

$10,000

Developing a waste management solution for urban households

$10,000

Developing a medical device prototype to assist diabetic patients

$10,000

Developing a mobile app for local artisans to sell crafts

$10,000

Improving the supply chain efficiency for a local food co-op

grant_single_labels|admissibility

Eligibility for the Business Strategy Internship grant requires partner organizations to meet certain criteria.
  • The partner organization must be able to contribute $5,000 to $7,500 towards the intern's award, based on the chosen funding model.
  • The partner organization must collaborate with interns and academic supervisors to co-design the project focused on business innovation components.
  • The organization should not be associated with any current, active conflicts of interest involving the intern.
  • The partner organization and academic institution must reach an agreement on intellectual property rights, aligned with the institution's IP policies.
  • The organization must have the capacity to supervise and support the intern for the duration of the internship.
  • The project proposed by the organization should not start until the approval letter has been received, and all funds have been processed by Mitacs.

grant_eligibility_criteria|who_can_apply

The Business Strategy Internship (BSI) program is open to a diverse range of applicants, focusing primarily on postsecondary students and recent graduates. Below are the key eligibility criteria for individuals who can apply:- Interns must be registered as college, undergraduate, graduate students or postdoctoral researchers at a Canadian academic institution.- Interns may not actively participate in another Mitacs program at the same time.- Interns can be from any academic discipline or faculty, offering a broad opportunity for many fields of study.- Recent graduates (within two years of their graduation date) are eligible to apply.- Part-time students can participate if they maintain student status at a Canadian academic institution throughout the internship, are insured like full-time students, can receive a stipend or salary from the Mitacs grant through their institution, and can commit the necessary time for the project duration.These criteria ensure that a wide range of students and recent graduates have the opportunity to gain valuable work experience through the Business Strategy Internship, making it inclusive to a variety of educational backgrounds and fields.

grant_eligibility_criteria|who_cannot_apply

This grant application does not specify particular types of companies or industries that are ineligible. Instead, it emphasizes conditions such as lack of a conflict of interest.

grant_eligibility_criteria|eligible_expenses

This grant supports projects that aim to enhance organizational innovation and operational efficiency across various business domains. Eligible activities are designed to improve products, processes, or services and foster collaboration between academia and industry.
  • Co-designing and implementing business innovation strategies for partner organizations.
  • Developing new or improved business models to enhance organizational processes.
  • Conducting market research to aid in product development and service delivery.
  • Exploring and facilitating the creation and ownership of intellectual property in Canada.
  • Designing innovative solutions to address operational challenges in marketing, operations, or finance.
  • Improving public and private sector services through process innovation.
  • Advancing new approaches for inclusive knowledge-based economic participation.

grant_eligibility_criteria|zone

The Business Strategy Internship (BSI) program allows flexible use of project funds following Tri-Agency Financial Administration guidelines for eligible expenses.
  • Intern stipend (minimum of $10,000 from the total funding if using the $15,000 model).
  • Eligible project costs, which can include expenses such as travel, equipment, and materials necessary for the project.

grant_single_labels|criteria

The evaluation and selection of projects for the Business Strategy Internship (BSI) grant focus on assessing project eligibility, quality, economic and societal impact, talent development, and collaboration benefits.
  • Project quality, including the description of objectives, approach, and deliverables.
  • Economic and societal impacts, such as innovation generation and productivity enhancement.
  • Development of talent, including training opportunities and skills enhancement for interns.
  • Benefits from collaborating among academia, industry, and communities, including knowledge exchange and long-term relationship building.
  • Risk assessment, including feasibility, loss of talent, and unintended negative impacts.

grant_single_labels|register

Here are the steps to submit an application for this grant:
  • Step 1: Confirm Program Availability
    • Contact your local Mitacs Advisor to validate current availability of the Business Strategy Internship (BSI) program.
  • Step 2: Registration and Account Creation
    • Access the Mitacs Registration and Application Portal (RAP) to begin the application process.
    • Create an account if you do not already have one.
  • Step 3: Proposal Preparation
    • Utilize the proposal template provided through the RAP.
    • Draft a detailed project proposal in collaboration with your academic supervisor and partner organization.
    • Ensure you adhere to all guidelines, including conflict of interest policies.
  • Step 4: Application Completion
    • Complete all sections of the application in the RAP.
    • Obtain necessary electronic sign-offs from the intern, academic supervisor, and partner organization.
  • Step 5: Institutional Review
    • Download the completed project proposal and ORS sign-off template.
    • Send the documents to your institution’s Office of Research Services (ORS) for review and signature.
  • Step 6: Submission to Mitacs
    • Upload the ORS signature page to the RAP.
    • Submit the finalized application through the RAP.
  • Step 7: Post-Submission Process
    • Await Mitacs review of application, which may take approximately four weeks.
    • Revise and resubmit any sections if requested by Mitacs for completeness.
  • Step 8: Fund Release and Project Launch
    • Receive approval letter confirming project start date.
    • Ensure the academic institution has received funds before starting the project.

grant_single_labels|otherInfo

Here are additional relevant details for the Business Strategy Internship grant:
  • The internship program offers online professional development courses to participants via Mitacs's e-Campus, EDGE.
  • Interns must co-design their project with their academic supervisor and partner organization, addressing the needs of the organization.
  • Weekly meetings between interns and supervisors are required, which can be conducted virtually.
  • The program aims to foster equitable access by underrepresented groups and promote inclusive innovation.
  • Participants must complete an exit survey, and academic institutions are required to submit a financial report after project completion.
  • Mitacs facilitates discussions on intellectual property sharing between academic institutions and partner organizations.
  • Involvement of Indigenous communities in related projects requires their support and a clear agreement on the access and governance of resulting knowledge.

grant_single_labels|documents

Mitacs — Business Strategy Internship

Apply to this program