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Vancouver, BC — Mitacs has launched a new summer program, the Mitacs Business Strategy Internship, to stimulate Canada’s economic recovery in the COVID-19 era; the University of British Columbia’s Sauder School of Business (UBC Sauder) is the first academic partner.
Mitacs’s Business Strategy Internship intends to bolster Canada’s economic recovery by supporting businesses that need assistance modifying their operations to adapt to the new economic reality created by COVID-19, and it provides opportunities for business students enrolled in programs across Canada in need of summer work. The internship pairs skilled undergraduate and graduate students with four-month summer job placements in small- and medium-sized enterprises (SMEs) and not-for-profit organizations across Canada.
Students who secure jobs through the new internship program will be eligible for a $10,000 stipend. The Canadian business school and the employer will contribute $2,500 each to the total award. All UBC Sauder undergraduates and graduate students will be eligible to participate in the program. Each internship will be designed to address one or more business strategy needs (including marketing, operations, finance, etc.) dependent on the requirements of the organization.
Robert Helsley, Dean, UBC Sauder School of Business
“Our new partnership with Mitacs will provide our students with opportunities to apply business concepts and theories in real-world settings. We recognize that SMEs and not-for-profit organizations across Canada need additional support to adapt to new economic realities, and this initiative will stimulate these sectors at a crucial time. By leveraging the talents and business experience of our students, we can build and strengthen connections and collaborations between industry, the non-profit sector and Canadian universities.”
John Hepburn, CEO and Scientific Director, Mitacs
“Providing students with work opportunities during the economic downturn will help ensure our talented university students are contributing to Canada’s recovery, while building skills that our economy will need in the longer term. At the same time, we are supporting small and medium businesses and not-for-profit organizations that need assistance in modifying or pivoting their operations to adapt to the new economic reality.”
To learn more, please connect with your local Mitacs Business Development representative: https://www.mitacs.ca/en/contact-us/business-development
For Mitacs news including the following COVID-19-related releases, visit: https://www.mitacs.ca/en/newsroom/news-release
Quick facts about UBC Sauder:
UBC Sauder School of Business in Vancouver, Canada is one of the world’s leading academic business schools. Its vision is to build a more just, sustainable and prosperous world through innovation and responsible leadership. www.sauder.ubc.ca
Quick facts about Mitacs:
Mitacs is a not-for-profit organization that fosters growth and innovation in Canada by solving business and not-for-profit challenges with research solutions from academic institutions. Mitacs is funded by the Government of Canada, the Government of Alberta, the Government of British Columbia, Research Manitoba, the Government of New Brunswick, the Government of Newfoundland and Labrador, the Government of Nova Scotia, the Government of Ontario, Innovation PEI, the Government of Quebec, the Government of Saskatchewan, as well as by academic, industry, and not-for-profit partners.