🏠 | Grant | Mitacs Accelerate Entrepreneur

Mitacs Accelerate Entrepreneur

Amount:

$15,000

Type:

Grant

Description:

Mitacs Accelerate Entrepreneur provides early-stage support to postdoctoral fellows (PDF) and graduate student entrepreneurs. Accelerate Entrepreneur funds student entrepreneurs to further develop the research or technology at the core of their business when hosted by an incubator facility. This helps student entrepreneurs to take real, meaningful advantage of the supports provided by the incubator, with the goal of commercializing the technology, product, or service rapidly. In a nutshell, they get paid to grow their company and get to market faster.

Comments on Funding:

Mitacs matches the start-up’s investment by 50% and releases a research award to student or post-doctoral entrepreneurs through four-month internships, valued at $15,000 per internship. Students or postdoctoral entrepreneurs receive a minimum $10,000 stipend per internship, with up to $5,000 in flexible funding that can be used to support research costs.

Deadline:

Continuous Intake

Eligibility:

1. Full-time students and post-doctoral fellows at Mitacs partner colleges and universities in Canada.
2. Full-time graduate students in select Mitacs partner countries.
3. Canadian citizens, permanent residents, and international students over the age of 18.
4. Eligible intern-owned start-ups at approved incubators. Contact accelerate@mitacs.ca to confirm their start-up’s eligibility.
5. All academic disciplines.

Application Steps:

No specific steps have been identified.

Documentation Needed:

The applicant must submit: 1. The completed Mitacs Accelerate proposal,
2. The completed Conflict of Interest declaration and
3. A letter of support from their host incubator facility

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.