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Business Strategy Internship (BSI) │Mitacs

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Value

Provides either $10,000 or $15,000 per intern.

Description

In partnership with Canadian academic institutions, Mitacs is pleased to offer the Business Strategy Internship (BSI). The award provides either $10,000 or $15,000 per intern to allow them to undertake a four-month internship project with a partner organization in Canada. Interns will work with their academic supervisor to co-design a project with their partner organization to work on the organization’s innovation activities, helping them improve their products, processes, or services. Throughout the internship, Mitacs provides online professional development courses to interns through our e-Campus, EDGE.

Eligible Applicants

The Business Strategy Internship (BSI) program is offered in partnership with Mitacs’s academic partner institutions. Interested applicants should read through the criteria below to ensure they are eligible for the program before applying through the Registration and Application Portal (RAP). 

Partner organizations must be one of the following:

  • a for-profit corporation in Canada
  • an incorporated not-for-profit (NFP) organization in Canada
  • Eligible NFPs include charities, economic development organizations, industry associations, social welfare organizations, health organizations, foundations, and research centres/institutes.
  • a municipality
  • a hospital

Eligible Expenses

  • 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 (see Funding/Use of Funds section below) 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.
  • 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.
  • 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.
  • 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.
  • Interns will deliver a final presentation to their supervisors summarizing the work at project completion.

Deadline Date

Ongoing. Please click the link indicated below for update.

Contact

Contact Name: Business Strategy Internship team

E-mail Address: bd@mitacs.ca

Website: https://www.mitacs.ca/our-programs/business-strategy-internship/

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