A new offering from Mitacs provides early-stage support to PDF and graduate student entrepreneurs.
Accelerate Entrepreneur funds student entrepreneurs to further develop the research or technology at the core of their business when hosted by an incubator facility. Mitacs funding helps student entrepreneurs to take real, meaningful advantage of the supports provided by the incubator, with the goal of commercializing the technology, product, or service rapidly. In a nutshell, they get paid to grow their company and get to market faster.
McGill Engine is an approved incubator for Accelerate Entrepreneur.
How it works
• Starting at 50% funding, both Mitacs and the start-up invest in a research-based internship with the company for the graduate student or postdoc entrepreneur
• The student entrepreneur spends the internship undertaking research that both furthers the company and their graduate work, while drawing a salary
• They receive a minimum of $10,000 for a 4-month project