In partnership with Mitacs, we’re proud to offer the Sprott – Mitacs Business Strategy Internships (BSI)! These student awards will provide $10,000 or $15,000 to business students to undertake a four-month internship on an innovation project with a company or not-for-profit (NFP) in Canada. Innovation projects are expected to lead to change and improvements for the partner and/or community, through exploration, design, and implementation of improvements/efficiencies in business models, products, processes, or service delivery.
Apply directly on the Mitacs portal.
The BSI program will provide an award of $10,000 per intern with the full amount of the award going towards intern stipend. The partner organization will contribute $5,000 towards the award. Alternatively, partner organizations can select a $15,000 funding model where up to $5,000 of the funds can be used for eligible project costs or to top up an intern stipend. Any combination of funding is allowed as long as the minimum intern stipend is $10,000 and the minimum partner organization contribution is $7,500. Organizations may hire for multiple internships, provided each student has a distinct project and a contribution per student is made towards the internships.
Projects should be designed as four-month internships, however, they can be adjusted to six-month internships to provide flexibility to accommodate the intern’s other responsibilities. Projects will be designed to address one or more business innovation components (i.e., marketing, operations, finance, intellectual property (IP), etc.) dependent on the needs of the organization.
Each project will require supervision from a supervisor at the partner organization and an academic supervisor or a point of contact appointed by the institution to oversee the work and the intern. Interns are expected to meet weekly with both supervisors to report on the progress of their project. Virtual meetings are acceptable. Interns and both supervisors will be required to complete an exit survey at the end of the program reporting on project outcomes, skills developed and providing feedback on the program experience.
Projects submitted to Mitacs will be adjudicated to ensure that the participants meet the necessary requirements and that the work outlined is eligible for the program. Internships can only start after the application has been approved by Mitacs and funds from the organization has been received by Mitacs.
Employer Applications deadline:
There is no deadline for applications. Organizations can submit applications at any time
Still have questions? Reach out to the Mitacs BSI Business Development Representative: email@example.com
Mitacs is a national not-for-profit organization that designs and delivers research and training programs in Canada. For 20 years, Mitacs has worked with over 65 universities and academic institutions, thousands of companies, and federal and provincial governments to build partnerships that support talent development and deployment.
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