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Mitacs, a Canadian not-for-profit, has altered a pre-existing accelerator program serving small and medium businesses in order to bring products related to fighting COVID-19 to Canadian markets as quickly as possible.
The not-for-profit has representatives nationwide ready to guide businesses through the application process where businesses are matched with research or production-focused interns for a four month internship, as well as a supporting professor.
Not only will this program help small businesses find students to develop or streamline production of their initial ideas to help Canadians, Mitacs will also provide $11,500 per hired intern to subsidize their wages. Companies are only required to contribute $3,750 per student, to bring interns’ total salary to 15,000 over the four month internship.