For Canadian organizations looking to strengthen their business strategy while tapping into emerging talent, the Business Strategy Internship from Mitacs offers a practical way to move innovation projects forward. This program is designed for businesses, non-profits, and other partner organizations across Canada that want support exploring new markets, refining operations, improving services, or tackling strategic challenges in areas like marketing, finance, or process design. By pairing your organization with a postsecondary intern and an academic supervisor, the program turns real business needs into focused, short-term projects with tangible outcomes.
Rather than traditional grant funding for equipment or expansion, the Business Strategy Internship helps offset the cost of bringing in skilled interns to work directly on innovation-driven initiatives. Funding typically supports a four- to six-month internship, with contributions that can reach up to about $15,000 per intern, primarily going toward the intern’s stipend and, in some cases, eligible project costs. Interns also receive professional development training through Mitacs, adding further value to the collaboration. Projects are co-designed to ensure they align closely with your organization’s priorities, and extensions are available when additional time is needed to implement results or adapt to unexpected challenges.
With applications reviewed on an ongoing basis and projects taking place anywhere in Canada, this program can be a flexible option for organizations ready to invest in strategic improvement. Exploring the full details can help you decide whether the Business Strategy Internship is the right fit for your next innovation initiative.
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