Discover more stories about Mitacs — and the game-changing innovations driven by students and postdocs.
Vancouver, BC – The Government of Canada’s budget today announced an additional investment of $56.4 million over four years, starting in 2016–17, to support industrial research internships for graduate students through the Mitacs Accelerate program.
The new funding will support an additional 6,000 internships over four years, effectively doubling the program by 2020.
Mitacs Accelerate provides graduate students and postdoctoral fellows with career-ready skills as they apply their specialized expertise to business-focused challenges in partnership with industry and not-for-profit organizations. Internships are supported by the Government of Canada, industry partners, and provincial governments.
The impact of Mitacs Accelerate on Canadian R&D investment, innovation, and business outcomes was recently revealed in a longitudinal survey. As a result of their collaboration with Mitacs, former industry partners overwhelmingly report that the Accelerate program met their corporate needs:
Alejandro Adem, CEO and Scientific Director, Mitacs
“This new funding will support R&D collaborations, which will see graduate students transfer their skills from theory to application while our partner companies grow through innovation. We are grateful that the Government of Canada has taken a significant step to further promote innovation and productivity in Canada by expanding investment in Mitacs Accelerate and supporting collaboration between industry and Canadian universities.”
Chris Priebe, CEO, Two Hat Security
“Mitacs Accelerate allowed us to explore a new research area that we would not have had the resources or expertise to delve into. As a result, we developed several components that greatly improved our system. Our collaboration with our Accelerate intern was a great synergy.”
For information about Mitacs and our programs, see mitacs.ca/newsroom.
A few past Accelerate success stories may be found here: