For many Canadian SMEs and entrepreneurs, passion drives their quest for innovation. But innovation requires research and development (R&D), and R&D demands capital — sometimes in the tens of thousands of dollars, sometimes in the millions. Having a great idea isn’t enough: you need the money to fund it and, once you have it, you need to spend it smartly, constantly re-evaluating.
Spending smartly is also understanding that there are methods of making your budget go further.
Making your budget go further is just one of the benefits of working with Mitacs. Not only can we help fund your innovation projects — your contribution could be as low as 45% of the cost — we can connect your business to a vast network of research talent. From college to undergrads to graduates and postdoctoral fellows, they possess the most up-to-date skills, knowledge, and know-how to help you innovate and grow, all helping you to manage your capital most effectively.
Putting processes in place to ensure you are continually getting information and feedback means you can adjust your budgets as you go, ensuring your capital is being spent in the most efficient way. Spending smartly is also understanding that there are methods of making your budget go further. Both government and non-government sources have funds available to support your research and innovation projects, so it’s important to know what is out there to assist you at the right time in your process.
Leverage your R&D and innovation budgets and make your money go further
We work with you to develop the scope and the roadmap of the project to achieve your goals
We provide you with access to expertise not available in-house
Mitacs has fostered thousands of successful collaborations between organizations and researchers.
Mitacs is supporting student researchers and promoting lasting innovation through its Scotiabank Economic Resilience Research Fund, an initiative launched as part of the ScotiaRISE program.
Read More
Thanks to Mitacs Globalink Research Internship, over 60 undergraduate students from Ukraine are fulfilling research ambitions and driving Canada’s innovation ecosystem through summer internships at Canadian academic institutions
Read MoreAccelerate the pace of your innovation projects. Contact us today!
"*" indicates required fields
Accélérez votre croissance et contactez-nous dès aujourd’hui.
L’astérisque "*" indique un champ obligatoire.
Breakthrough approach ‘grows’ colour to produce natural colours for the textile industry, removing environmental hazards traditionally associated with the sector
Read More
When it comes to finding cures for rare diseases and addressing emerging viral infections — like COVID-19 — the traditional pharmaceutical business model just doesn’t cut it. Solutions require global collaboration and open-access research, and that means a new research innovation ecosystem — exactly what the Structural Genomics Consortium (SGC) is building.
Read More
