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Please be advised that the Business Strategy Internship has limited availability. You are encouraged to contact your local Mitacs Advisor before drafting your application.
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.
The BSI program aims to:
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.
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).
Academic institutions must be one of the following:
Academic supervisors must be one of the following:
In addition to the eligible academic supervisors listed on the application, additional academic staff may be involved in the day-to-day management of the internship, including mentoring the intern. This supervision should be described in the text of the proposal.
Partner organizations can connect with their local Mitacs Advisor to discuss applying for BSI program funding.
Please note that Indigenous Pathways availability is limited. Please connect with your Mitacs advisor.
Interested parties can apply directly through the Mitacs Registration and Application Portal (RAP):
When applying through the RAP
If you have any questions about the Business Strategy Internship (BSI) program, please email the Business Strategy Internship team.
Mitacs invoices a partner organization upon submission of their BSI proposal. Upon receipt of the partner’s contribution, Mitacs forwards the award to the Canadian academic institution. No funds will be released to the academic institution until the invoice has been paid and the proposal is approved. Mitacs has no control over when funds are administered by the academic institution. If you have questions about your BSI award after Mitacs has released funds, contact your academic institution’s Office of Research Services (or equivalent).
Project Start Date Requirements
Accelerate and BSI projects must begin after their research review is complete and approval has been granted. Generally, projects should start within one year of the receipt of research approval.
Accelerate and BSI internship units should not start until both the research review approval has been obtained AND the partner organization funds have been received at Mitacs. Individual internship start dates will not be confirmed by Mitacs staff until the receipt of the partner funds.
Project End Date Requirements
Participants will be notified as the end date of their project is approaching and must request an extension to Mitacs.
Accelerate and BSI project end dates can be extended by one year past the original projected end date. If any internships within a project have not been completed within this time, including units without a named intern (TBD units), those internships may be subject to cancellation.
Applicants can adjust internship start dates with named interns as long as the project is completed by either the original end date in the approved proposal or the extended end date granted by Mitacs.
These rules do not affect current policies regarding when the funds of an individual internship unit can be spent.
Mitacs takes no position on intellectual property (IP).
IP is to be shared between the academic institution, its researchers, and the partner organization according to the academic institution’s IP rules, unless a separate agreement is negotiated.
Mitacs can facilitate IP discussions with any Canadian academic institution. The following academic institutions have their own IP policies for Mitacs projects. For other institutions, please contact your Business Development representative.
Note that these IP agreements may not apply to joint applications with other funding organizations.
All submitted Business Strategy Internship (BSI) applications are reviewed for project quality, eligibility, and completeness. You will be notified by Mitacs if your application is ineligible or incomplete within four weeks of submitting your application. Please refer to the submission checklist below for more information.
Mitacs will also assess the benefits of the proposed activity in terms of the economic and societal impact of the project; the development and deployment of talent; and the establishment and support of collaborations. A project does not need to demonstrate benefits under every category (project, talent, and collaboration) since a weakness in one category can be compensated by strengths in another. However, projects that demonstrate little or no benefit across all categories will not be approved by Mitacs.
In addition to assessing the benefits of a project, each project will also be reviewed to ensure that it does not pose any unmanageable risks in the categories of feasibility, loss of talent or international assets from Canada, economic and national security risks, and adverse effects on humans, animals, and/or the environment. Projects involving high risk must demonstrate correspondingly high benefits to Canada and appropriate risk mitigation measures to justify approval by Mitacs.
While the selection process is not currently competitive, if funding does become limited, Mitacs will prioritize approval based of the potential cumulative benefits on the proposed activity.
Requirements for all projects
Requirements for all collaborations
Requirements for all internships
Requirements for all projects involving Indigenous peoples or communities
Examples of how a project can demonstrate the potential for economic and societal impact include, but are not limited to:
Examples of how a project can demonstrate the potential for supporting the development of a talented and skilled population include, but are not limited to:
Examples of how a project can demonstrate the anticipated benefits associated with collaboration include, but are not limited to:
Additionally, participants in the Business Strategy Internship (BSI) program have the following roles and responsibilities.