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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 BSI program aims to:

  • support innovation to generate knowledge and its transfer between academic and non-academic sectors
  • strengthen the innovation capabilities of partner organizations
  • support the creation and ownership of intellectual property in Canada
  • promote collaboration between sectors by reducing the risk for companies to engage in innovation
  • provide work-integrated learning and professional skills training to increase employability of post-secondary students
  • ensure and promote equitable access by underrepresented groups to foster inclusive innovation

Eligible Applicants

This program requires three core participants: an eligible intern, an eligible academic supervisor and an eligible partner organization.

  • Academic supervisors
    • Academic supervisors are eligible if they are faculty at a Canadian academic institution who are eligible to hold Tri-Agency funds.
  • Partner organizations
    • Partner organizations can be for-profit corporations (must receive more than 50% of their funds from non-government sources), eligible not-for-profit corporations, municipalities, or hospitals in Canada.
    • Eligibility can be confirmed with a Mitacs Advisor.
  • Intern
    • An intern can be a Canadian citizen, a permanent resident, international student with a student visa, or international postdoctoral fellow with a valid work permit. Interns must be 18 years old or over, and fall into one of the following categories:
      • Registered students and postdoctoral fellows at Mitacs partner colleges and universities in Canada. Postdoctoral fellows are eligible if the date of graduation from a PhD program is less than five years to the start date of the project. Exceptions are available for extenuating circumstances such as parental leave or military service. Fellows must not have been employed full-time at the partner organization prior to applying.
      • Recent graduates (must be within two years of graduation at the start of their project), and non-degree students (diploma, certificate, etc) are eligible at the academic institution’s discretion. (Any interested applicants should check with their institution to first determine whether they are able to support other types of university interns before drafting an application.)
      • Visiting students and researchers at Canadian academic institutions who are completing a degree at a university abroad may also be eligible at the discretion of the Canadian institution.
      • How many internships can one intern do?
        • Post-secondary students are eligible for any number of internships at the discretion of their institution. Interns must be enrolled as a student at an eligible institution throughout the course of the internship and have time in their schedule to commit to the project.
        • Postdoctoral fellows can do up to nine (9) four-month internships (up to three (3) years)
        • Recent graduates can complete up to three (3) four-month internships within two years of their graduation date
        • Interns may not participate in more than one internship at the same time.

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

The Mitacs Business Strategy Internship (BSI) program operates on a continuous intake basis, accepting applications year-round. There is no fixed deadline. Applicants should note that the project start date listed in their application should be at least six weeks after the submission date to allow for processing. It is highly recommended to contact a local Mitacs Advisor before drafting an application. Please visit the official Mitacs website to verify specific details and guidelines.

Contact

Contact Name: Business Strategy Internship team

E-mail Address: bd@mitacs.ca

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

Industry:

Employment, Municipalities, University Partnerships

Location:

Alberta, British Colombia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Nunavut, NWT, Ontario, PEI, Quebec, Saskatchewan, USA, Yukon

Tags:

ABmunis, Internship

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