Accelerate Entrepreneur MITACS (2022)

Description:

Mitacs Accelerate Entrepreneur provides early-stage support to 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.

Eligibility:

The applicant must:

  • Full-time students and post-doctoral fellows at Mitacs partner colleges and universities in Canada.
  • Full-time graduate students in select Mitacs partner countries
  • Canadian citizens, permanent residents, and international students over the age of 18
  • All academic disciplines

Documentation Needed:

The applicant must submit:

  • The completed Mitacs Accelerate proposal,
  • The completed Conflict of Interest declaration and
  • A letter of support from their host incubator facility 

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