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Mitacs Entrepreneur International

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Value

Up to $5,000

Description

Mitacs Entrepreneur International offers a travel grant to Canadian start-ups that are housed in an academic-institution-linked incubator or accelerator to connect them with host incubators abroad and explore new business development opportunities in international markets. The Mitacs Entrepreneur International program invites application submissions on a year-round basis.

Eligible Applicants

To be considered for the travel grant, all applicants must meet the following eligibility criteria:

  • Be a for-profit company
  • Be an incorporated legal entity in Canada
  • Be housed for a minimum of three (3) months and maximum of four (4) years in an eligible incubator or accelerator linked to an academic institution (Home Incubator)
  • Have planned business travel for full-time employees, founders, or owners with soft-landing at a host incubator in an eligible target market. Applicants must leave from and return to Canada on their trip. Applicants must submit their application a minimum of 4 weeks before their planned travel dates
  • For the 2024-2025 fiscal year, companies will be limited to 2 proposals during the year.

Eligible Expenses

Travel grants support up to half of eligible business travel costs, with a maximum grant of $5,000. Up to two (2) full-time employees, founders or owners may claim eligible expenses per travel grant.

In-kind contributions from the Home or Host Incubators cannot be used towards matching Mitacs funds.

  • Economy class air or ground transportation fare to new target market
    • Applicants are expected to provide reasonable, economy class return air or ground transportation costs that take advance booking into account. If the amount is deemed excessive, the applicant will be expected to amend their budget to advance booking economy fare estimates.
    • Applicants are expected to select direct transit routes between the travellers’ home base(s) in Canada and the location of travel without any additional stops/destinations. Layovers or stops are acceptable to secure a more economical price.
  • Transportation costs in target market country
    • Applicants may claim taxi, car rental, train or internal flights for travel to the host incubator and for meetings with existing or potential international investors, clients, partners, suppliers and/or distributors.
    • Applicants are expected to select direct routes between the travellers’ accommodation and the host incubator, and/or to meeting locations.
  • Accommodations
    • Applicants are expected to provide reasonable costs that take advance booking into account. If the amount is deemed excessive, the applicant will be expected to amend their budget to advance booking estimates.
  • Per Diem
    • Applicants may claim a per diem for meals and incidentals in accordance with the rates set by the National Joint Council for each day of travel.

Deadline Date

Ongoing. Please click the link indicated below for update.

Contact

Contact Name: Mitacs Entrepreneur International team

E-mail Address: pilots@mitacs.ca

Website: https://www.mitacs.ca/en/programs/entrepreneur-international#business

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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