Talent Development – Internship Program (TDI)
$20,000
Grant
Description:
The Talent Development – Internship Program (TDI) provides support for recent undergraduate or Master’s graduates, to work on industry- driven projects related to the six CIT Critical Technology areas: 5G and advanced networks, AI, Blockchain, Cybersecurity, Quantum, and Robotics, in any one of the four key sector areas: Advanced Manufacturing, Agri-Food, Construction, Mining. Companies can tap into world-class talent coming out of Ontario’s publicly funded post-secondary institutions and strengthen their capacity to develop new products, services and processes, while interns receive hands-on industry experience in areas such as software and hardware development, artificial intelligence, and data analytics.
Comments on Funding:
The CIT-TDI program contributes funding up to a maximum of $20,000 in funds. SME’s must provide at least
a 1:1 funding match.
Continuous Intake
Eligibility:
Applicants must:
1. Be a small-and medium-sized enterprise (SME) with fewer than 500 global full-time employees.
2. have registered operations (R&D, manufacturing, product management, etc.) in Ontario and a valid CRA business number.
3. Applicants have received over $500,000 of funding from OCI administered programs in their lifetime (excluding TalentEdge) are required to obtain OCI approval before a new application for funding is initiated. Your Business Development Manager can guide you through the process.
4. Be using or developing technology-based innovation or innovative processes related
to CIT’s six Critical Technology areas and four Key Sectors for competitive advantage
in provincial, national and/or global markets.
5. Have R&D operations in Ontario related to the project.
6. Have the intent and potential to apply, exploit and/or commercialize the results of
the project for the economic benefit of Ontario.
7. Have the necessary expertise and resources to put the project into effect within an appropriate timeframe.
8. Company subsidiaries (organizations with headquarters outside of Ontario) are
eligible, provided that the Ontario operations meet all of the above criteria.
9. All applicants and partners MUST be in good financial and reporting standing with OCI.
Application Steps:
Applicants must:
1. be initiated in AccessOCI by an OCI Business Development Manager (BDM) or CIT Sector Manager (SM).
a. Companies that wish to be connected with an OCI Business Development Manager or Sector Manager should submit an client intake form.
2. Once the BDM/SM confirms that the opportunity is suitable for the program, the Applicant will receive login information to OCI’s online application system, AccessOCI, to begin completing the application.
3. Complete the online application form and upload the required supporting documents.
4. All submitted applications will undergo an initial internal review for eligibility, completeness, and financial compliance. A list of any deficiencies will be sent to the applicant for revision. Applicants will have only two occasions to make all required changes to their application; if outstanding issues remain after the second revision, the application will be withdrawn.
5. When the application is endorsed as eligible and complete by OCI’s internal team, the application will be sent for review to the external committee compromising of, subject matter experts as well as the CIT Review Committee
6. Applicants will be notified by OCI and provided an outline of conditions and additional information necessary to activate the project. Applicants who are not selected will be notified by OCI. Feedback on the decision can be provided by their BD.
Documentation Needed:
Applicants must submit:
1. Company Profile submitted by the applicant company/industry partner, including valid ninedigit CRA business number, incorporation date and number of employees (globally and in
Ontario)
2. Intern’s CV
3. Intern’s official transcript
Other Things to Note:
About the author
Maurice