research and innovation projects funded
The 5G revolution is underway.
Is your SME ready?
Mitacs supports innovative organizations
adopting 5G technology
5G technology will impact every aspect of our lives, from communications and transportation to healthcare and even agriculture. And because it has 100x the data transmission speeds and 10-fold latency compared with 4G, 5G will accelerate the development of technologies such as AI, virtual reality, and connected objects (the Internet of Things).
For Canadian companies that want to benefit from 5G, the opportunities are huge.
The estimated economic impact of 5G deployment in Canada will reach $40 billion of annual GDP uplift by 2026, and 250,000 permanent jobs added to the Canadian economy in that time.
Qualified R&D experts, funding, and project management skills are essential to ensure innovative systems and products succeed in our hyperconnected world. But finding these key ingredients can be a challenge for Canadian small and medium enterprises (SMEs).
Mitacs can aid you in achieving your strategic goals and support your innovation projects. We can assist you in identifying your needs for your 5G projects, finding talent from the best academic institutions, and leveraging the ENCQOR 5G program — a program that gives you access to a 5G testbed, funding, and support for your projects.
The advantages to you
- You can leverage the knowledge and talent of brilliant graduate students and postdocs in 5G, AI, and more
- The diversity of Mitacs’s programming gives you the flexibility you need to carry out your projects
- You could get combined funding from Mitacs and ENCQOR for up to 75% of the project cost
- You can apply anytime
- The ENCQOR program gives you access to a 5G testbed, funding, and support for your projects
ENCQOR — a partnership between the Governments of Canada, Ontario and Quebec, and leading technology companies — will invest $400 million over five years to bring together a pre-commercial corridor of 5G wireless technologies in Ontario and Quebec.
Did you know?
- According to the CWTA (Canadian Wireless Telecommunications Association), 5G technology will provide Canadian wireless networks with a 100x increase in traffic capacity and network efficiency
- 10 percent — the potential reduction in traffic congestion by implementing 5G smart traffic management technology
- 5G precision agriculture technology can reduce farmers’ use of pesticides by 85 percent
- 5G-enabled smart grid technology can reduce household energy consumption by 12 percent
- 5G technology can help extend broadband coverage to rural communities across Canada
How we help you
achieve your goals
- With 14,000 collaborations and 80 innovation project experts, Mitacs is a leader in Canada’s innovation ecosystem
- Whether you are an SME with five employees or 400, we know accomplishing your innovation goals requires time, talent, and budget
- By connecting you to the right talent and enabling your budget to go further we can assist you in achieving your ambitions
Your key benefits
You can leverage your R+D and innovation budgets
We create an easy and transparent financial process
We provide you with access to expertise not available in-house
