Mitacs Business Strategy Internship
In partnership with Canadian academic institutions, Mitacs is pleased to offer the Business Strategy Internship (BSI). Interns work with their academic supervisor to co-design a project alongside their partner organization to work on the organization’s innovation activities, helping them improve their products, processes or services. Throughout the internship, Mitacs provides online professional development courses to interns through their e-Campus, EDGE.
The BSI program aims to:
- Support innovation to generate knowledge and its transfer between academic and non-academic sectors.
- Strengthen the innovation capabilities of partner organizations.
- Support the creation and ownership of intellectual property in Canada.
- Promote collaboration between sectors by reducing the risk for companies to engage in innovation.
- Provide work-integrated learning and professional skills training to increase employability of post-secondary students.
- Ensure and promote equitable access by underrepresented groups to foster inclusive innovation.
Innovation projects are expected to lead to change and improvements for the partner and/or community, through exploration, design and implementation of improvements/efficiencies in business models, products, processes or service delivery.
Potential applicants are encouraged to contact their local Mitacs Advisor before drafting an application.
Visit the Mitacs website for more information on the Business Strategy Internship.
Value and Duration
The BSI program provides an award of $10,000 per intern for a four- or six-month internship, with the full amount of the award going toward the intern’s stipend. The partner organization will contribute $5,000 towards the award.
Alternatively, partner organizations can select a $15,000 funding model where up to $5,000 of the funds can be used for eligible project costs or to top up an intern’s stipend. The minimum intern stipend for all units is $10,000 and the minimum partner organization contribution is $7,500.
Eligibility
Mitacs offerings are available to Canadian member and participant postsecondary institutions.
The BSI program requires three core participants: an eligible intern, academic supervisor and partner organization.
Projects must take place in Canada with Canadian partner organizations and must address one or more business innovation components (e.g., marketing, operations, finance, intellectual property) dependent on the needs of the organization.
Deadline
Applications are often reviewed by Mitacs in as little as three weeks to keep projects moving forward with minimal delay.
Submitting Your Application
- Submit an internal Approval Form through our central awards management database cuResearch.
- Submit an external application to Mitacs through the Registration and Application Portal.
