How much funding can be received?

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

The Business Strategy Internship (BSI) program supports innovation projects that aim to generate knowledge transfer between academic and non-academic sectors in Canada. Interns work with academic supervisors and partner organizations to enhance products, processes, or services, contributing to economic and societal impact.

Creating or commercializing Canadian technology or intellectual property
Enhancing Canadian productivity with new processes
Improving public services or addressing social/environmental issues in Canada
Supporting the entry of Canadian businesses into new markets
Developing new business models for Canadian companies

grant_single|admissibleProjectsExample

$10,000

Winnipeg

Creating an e-learning platform for mental health education

$10,000

Vancouver

Launching a sustainability consulting firm focusing on renewable energy

$10,000

Montreal

Developing a waste management solution for urban households

$10,000

Toronto

Developing a medical device prototype to assist diabetic patients

$10,000

Calgary

Developing a mobile app for local artisans to sell crafts

$10,000

Halifax

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

grant_single_labels|admissibility

The Business Strategy Internship program is open to registered college, undergraduate, graduate students, or postdoctoral researchers at a Canadian academic institution. Applicants should not be current participants in another Mitacs program and can be from any discipline or faculty.

Must be a registered college, undergraduate, graduate student, or postdoctoral researcher at a Canadian academic institution
Should not be currently participating in another Mitacs program
Recent graduates within 2 years of graduation date are eligible
Part-time students must meet specific criteria including student status, insurance coverage, and commitment to the project duration

grant_eligibility_criteria|eligible_expenses

The eligible expenses for the Business Strategy Internship grant include stipends for interns, project costs, and partner organization contributions. These expenses are aimed at supporting the innovation projects and enhancing collaboration between academic institutions and partner organizations.

Intern stipends
Project costs for eligible expenses
Partner organization contributions

grant_single_labels|criteria

The Business Strategy Internship program has specific evaluation and selection criteria to ensure project quality and eligibility. The criteria include:

Project description and objectives alignment
Clear roles and responsibilities of all parties
Intellectual property agreement clarity
Supervision and support structure for the interns
Benefits of the proposed activity in economic, societal impact, talent development, and collaborations

grant_single_labels|register

Step 1: Application Submission
Prospective interns and/or academic supervisors apply to the program through the Mitacs Registration and Application Portal (RAP) and complete all sections of the application.
All participants sign off on the application through the RAP.
The lead applicant sends the completed project proposal and ORS sign-off template to the ORS or equivalent office for review and signature.
The lead applicant uploads the ORS signature page to the RAP and submits the application.
Step 2: Application Review
Mitacs receives the application and reviews against selection criteria while checking for eligibility and completeness.
Partner organizations are invoiced for their contribution upon application submission.
Applicants may be asked to revise their project proposal if sections are incomplete.
Step 3: Project Approval
Project start dates cannot pre-date the Approval letter received from Mitacs.
Once the project is approved and all partner contributions have been received, award funds are released to the intern’s academic institution.
Step 4: Project Launch to Completion
Project work should not start until the intern has received the funds from the academic institution.
Projects can be 4-to-6 months long with a part-time option available for 6-month projects.
Step 5: Reporting and Exit Survey
All participants are required to complete an exit survey within 30 days of the project end date.
Academic institutions must submit a Financial Report to Mitacs once all project funds have been paid out.

grant_single_labels|otherInfo

There is no additional information provided for this grant.

grant_single_labels|documents

Mitacs — Business Strategy Internship

Apply to this program

Business Strategy Internship Grant Summary

Expand your professional network and gain real-world experience through the Business Strategy Internship Grant, offering $10,000 or $15,000 for postsecondary students and recent graduates to collaborate on innovation projects.

Detailed Overview of the Business Strategy Internship Grant

The Business Strategy Internship program, in partnership with Canadian academic institutions, provides financial support to interns working on four-month projects with partner organizations. The aim is to enhance innovation, strengthen partner organizations, and promote collaboration across sectors. Interns collaborate with academic supervisors and receive professional development courses. The projects address business innovation components like marketing, operations, and finance, delivering tangible outcomes for partners. Interns meet weekly with supervisors, complete an exit survey, and present their findings at the project's completion.