16,000 +

research and innovation projects funded

$250M

invested in 2019-20

$858M +

invested in the last 10 years

33,000

researchers in our network

6,000 +

industry partners

117

post-secondary partners

6,000 +

international research internships

1,450 +

professional skills courses

22,000 +

training participants
Small business enterprise
Small business enterprise

Mitacs powers small business

innovators

Whatever you need, we have the tools and expertise to get you there.

We are proud to work with small- and mid-sized companies to advance innovation in Canada. For a small company, doing research isn’t simple especially in the light of the new economic reality. Projects and lab equipment are costly and it’s difficult to find and attract specialized talent. We understand what small businesses need to innovate.

For many SMEs, some areas — like Artificial Intelligence — can appear more daunting than others. At Mitacs, we have developed a solution for SMEs to determine their readiness to adopt AI, to be able to work with world-leading AI experts and to do it in a cost-effective way. Companies will receive the support of artificial intelligence experts to undertake an eight-week project to evaluate their systems and discover real opportunities to use AI to achieve their business goals. Discover more.

 

88% of business Mitacs supports are small and mid-sized companies 

Who we are

  • You’re proud of everything you’ve accomplished — but you want to innovate and grow even more. Developing your company’s innovation roadmap requires a clear path, the right expertise, access to an unparalleled research network, and budget.
  • No matter the size of your company, our 80 innovation project experts can connect you to top-tier post-secondary institutions and the brightest researchers to help solve your innovation challenges — all while funding up to 55% of the cost of the project.

Working with Mitacs means

  • You leverage your budget: your contribution can be as low as 45% of the project cost meaning your money goes further
  • Your funding starts at $15K and can run to the millions
  • You have access to our extensive research networks and partners
  • We’ll find you the right talent
  • You reduce the risk of your investment
  • Projects are scalable and can be multi-disciplinary

Your key benefits

Tap into a national research network

Leverage your R+D or Innovation budget

Reduce the risk of accessing and hiring research expertise

Success stories

Most beauty products are topical — but a small Halifax company believes it can build beauty from within.
Read more

Can a Calgary company turn greenhouse gas emissions into gold — and help save the planet?
Read more

A dam collapse is catastrophic. Now a BC engineering firm aims to mitigate potential disasters.
Read more

Let's start this journey together.
Contact us now.

Hot Topics

The pandemic has accelerated the need for 5G

The rise in work and schooling from home, plus a jump in entertainment streaming has accelerated the need for 5G. 

5G: a revolutionary digital transformation for SMEs

With its faster speeds and high performance, 5G will allow IoT and AI to be rolled out on a grand scale benefitting SMEs in every field.

SMEs — are you ready for AI?

AI is not an option anymore: the global economic impact of AI could reach $13.1 trillion by 2025. 

SMEs drive growth in Canada 

Small and medium-sized enterprises (SMEs) are a major source of economic growth and job creation for the Canadian economy, and adopting policy initiatives in such areas as financing, innovation, and international reach can foster growth for Canadian SMEs. 

Going global is key for successful Canadian entrepreneurs

While Canada is a good market for new businesses, it’s limited, and SMEs that export their goods and services to foreign markets can outperform their peers — data has shown that their revenues are higher, they grow faster and they reinvest more than SMEs who focus solely on the domestic market. Currently, however, many Canadian SMEs are missing that key opportunity, partly due to a lack of guidance and support from the Canadian small-business ecosystem.

Organizations we have worked with

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