For many innovators, businesses, and non-profit organizations, innovation is about developing practical solutions. For this, research and development (R&D) is essential. And R&D often requires financial support.
Mitacs offers several funding programs tailored to the needs of businesses and researchers. These innovation programs support scientific research and experimental development through both public and private sector funding.
Spending smartly is also understanding that there are methods of making your budget go further.
Innovation funding can take the form of grants, strategic innovation funds, or business support programs. Grants are an excellent opportunity for businesses looking to invest in new technologies or develop innovative products and processes. These innovation supports are particularly valuable for small and medium-sized enterprises (SMEs), helping them lower costs while bringing new technologies to market.
Grant applications must meet specific criteria to be eligible for innovation funding programs. The most important point being, of course, for these projects to be innovative by nature.
The specific eligibility criteria vary significantly from one program to another. Please refer to our Program Resources page for eligibility requirements.
Mitacs also offers a support program to guide businesses, professors, and researchers through the funding application process. These support programs include personalized advice on project planning, proposal submissions, and commercialization strategies. These services ensure funding applications meet all necessary requirements from authorities such as the Government of Canada and other relevant funding agencies.
The funding opportunities provided by Mitacs aim to support innovative research and development projects.
Mitacs fosters collaboration between enterprises, research institutions, and researchers to develop cutting-edge digital technologies. This collaboration with international partners allows businesses to benefit from the expertise of scientific and technical researchers while gaining access to substantial funding options. The R&D funding model encourages an environment conducive to innovation and business growth.
Mitacs facilitates access to strategic innovation funds, repayable grants, and other funding programs that enable businesses to develop and commercialize new products. These Canadian funding programs are specifically designed to boost innovation and commercialization in critical areas, such as supply chains, product development, and technology validation.
Getting the most value from your budget is just one advantage of partnering with Mitacs. Our unique approach offers scalable solutions tailored to the needs of each project. In addition to our comprehensive innovation support, we help businesses grow while minimizing financial risks through co-funding and strategic partnerships.
Mitacs’ flexible project model allows you to set up adaptable plans and prioritize certain aspects of your research project, ensuring you can continue to make progress regardless of circumstances.
The co-funding offered by Mitacs allows businesses to share the risks associated with innovation. We can help you find ideal talent for your innovation project and cover up to 50% of their salary.
Those who work with us benefit from an extensive network of universities and colleges, researchers, and businesses, allowing for seamless collaboration and access to a broad range of resources and expertise. This network supports companies at every stage of their technology transfer, from scientific research to commercialization.
Innovation funding is essential to turning novel ideas into high-potential products and digital technologies. With Mitacs, you get comprehensive innovation support, allowing you to develop your research project while reducing financial risks. Thanks to strategic partnerships and scalable solutions, Mitacs guides you through every step of your project, from research and development to commercialization. Together, we can advance your innovation and contribute to Canada’s economic vitality.
With a regional presence and global reach, Mitacs advisors can help you:
Leverage your R&D and innovation budgets and make your money go further
Develop the scope and roadmap of your projectÂ
Get 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
