Financial Support

Funding the Future of Canada

Smart Solutions for Smart Innovators

For many entrepreneurs, business, and non-profit leaders, innovation is about building meaningful solutions. But great solutions require extensive research and development, which in turn demands financial support — sometimes in tens of thousands of dollars, or even in the millions. Having a great idea isn’t enough: you need the money to finance it and, once you have it, you need to spend it smartly, constantly re-evaluating your needs in the current economy.

Spending smartly is also understanding that there are methods of making your budget go further.

Shared Costs

Making your budget go further is just one of the benefits of working with Mitacs. Not only do we find your ideal talent, we also contribute up to 50% to your innovation project. From college students to undergrads to graduates and postdoctoral fellows, you get to collaborate with the brightest minds, all while maximizing your budget and breaking ground in your sector.

Young Black businesswoman showing a project on a computer to her Caucasian colleague.

Scalable Solutions

Our flexible project design allows you to build scalable plans and prioritize specific aspects of your research challenge, so you can keep going no matter what. Spending smartly is also understanding how to make your budget go further. We’re here to advise you along the way – for consistent progress.

Hands-on Support

With a regional presence and global reach, Mitacs advisors can help you:

  • Identify the right expertise to address your innovation challenges
  • Recruit highly skilled research talent
  • Build an innovation roadmap
  • Leverage your budget for long-term success
  • Tap into our research network for local and international opportunities

Your Key Benefits

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Leverage your R&D and innovation budgets and make your money go further

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Develop the scope and roadmap of your project 

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We provide you with access to expertise not available in-house

Innovation Insights

Mitacs has fostered thousands of successful collaborations between organizations and researchers.

Investing in research for economic equity

Mitacs is supporting student researchers and promoting lasting innovation through its Scotiabank Economic Resilience Research Fund, an initiative launched as part of the ScotiaRISE program.

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So, what are you waiting for?

Accelerate the pace of your innovation projects. Contact us today!

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