Student start-ups now eligible for national research funding

Mitacs and the University of Toronto partner to support collaborative research between incubator companies and universities

Toronto, ON — Student-founded companies supported by business incubators at universities can now receive funding for collaborative projects with university researchers. The pilot initiative — announced today in partnership with the University of Toronto’s Innovations and Partnerships Office — will see student start-up companies collaborate with university researchers to solve business challenges, and to develop new products, services, or technologies.

Over a dozen university-based business incubators across the country are expected to participate in the pilot, representing hundreds of potential research-based collaborations. University-based business incubators are invited to apply to participate in the initiative.

Start-up companies supported by the following incubators are eligible to take part in the pilot immediately:

  • Accélérateur de création d'entreprises technologiques (ACET), Université de Sherbrooke
  • The Centre for Digital Media; Emily Carr University, University of British Columbia, and Simon Fraser University
  • The Digital Media Zone, Ryerson University
  • District 3, Concordia University
  • Centech, École de Technologie Supérieure
  • e@UBC, University of British Columbia
  • University of Toronto Entrepreneurship
  • LaunchPad, Dalhousie University


Josette-Renée Landry; Vice-President, Business Development; Mitacs

“This pilot will support university-based entrepreneurs, which in turn, will have positive impacts on our economy and our society. The University of Toronto has been a key partner in the development of this initiative — and we are grateful for its support and leadership.”

Derek Newton; Assistant Vice-President, Innovation, Partnerships and Entrepreneurship; University of Toronto

“This pilot initiative is supporting the entrepreneurial aspirations of our students by providing them with funding to support an on-the-job experience in their own start-up company. It’s a great opportunity to support the growth of some of Canada’s newest companies — and their entrepreneurs — as they take their first steps.”

Quick facts about Mitacs:

  • Mitacs is a national, not-for-profit organization that has designed and delivered research and training programs in Canada for 17 years in order to support industrial and social innovation in Canada.
  • Mitacs’ research internship programs connect graduate students and postdoctoral fellows with industry and not-for-profit partners for collaborations supervised by faculty.
  • Mitacs acknowledges the Government of Canada, along with Alberta Innovates, the Government of British Columbia, Research Manitoba, the Government of New Brunswick, the Research & Development Corporation of Newfoundland and Labrador, the Government of Nova Scotia, the Government of Prince Edward Island, the Government of Quebec, and the Government of Saskatchewan for their support.






Media Contact

Heather Young
Director, Communications