The Mitacs Accelerate Ph.D. Fellowships grant is a small business funding program that provides companies with access to a Ph.D. fellow for up to three years. This program is designed to assist small businesses in Canada meet technical and research challenges through partnership with academia. Research fellows are assigned to the project for three years and work with the company and their Ph.D. supervisor.
Are you Eligible to Apply for Mitacs Business Grants?
Any existing for-profit small or medium enterprise (SME) or start-up may be eligible for funding through this program. Businesses applying for the program and will be evaluated based on the technical challenge, research project, and project outcomes.
Any Ph.D. candidate at a Canadian university who is a Canadian citizen, permanent resident, or foreign student may be eligible for the project. Ph.D. candidates can come from any discipline and can have expertise in a wide variety of areas. Eligible candidates must commit to completing all three years of the research project.
What Type of Mitacs Funding is Available?
The Accelerate Ph.D. fellowship program provides businesses with access to a Ph.D. fellow for up to three years to meet technical and research challenges. Businesses will be provided with access to a Ph.D. fellow for up to three years, valued at up to $54,000 in in-kind contributions. Businesses must commit to contributing $12,000 per year towards the project up to a maximum of $36,000
What Activities are Eligible?
As this program is suitable for existing SMEs and start-ups, the funding can be used for a wide range of research challenges. This small business funding can be used for research projects that address:
- Technical Innovation
- Business Processes
- Information Technology
Other Small Business Loans Support Services:
Learn more about small business grants and loans programs, like Mitacs, that are available to help your business overcome financial obstacles to faster, and safer growth. Connect with Mentor Works small business grants and loans experts today. And don’t forget to sign up for our weekly government funding e-newsletter.