MIMitacs Inc. logo

Mitacs Inc. Unclaimed

Innovation

www.mitacs.ca

Canada’s national innovation connector that links industry with academia to drive collaboration, deploy talent, and accelerate research with economic impact.

Mitacs is a national, not-for-profit innovation organization in Canada that connects industry with academia to solve real-world problems, deploy skilled talent from post-secondary institutions, and build innovation capacity to strengthen Canada’s productivity and global competitiveness. Through a broad network of universities, colleges, and partners, Mitacs funds and organizes collaboration across disciplines to accelerate research, foster talent development, and drive economic growth.

Mitacs’ mission is to drive industry–academic collaboration, deploy skilled talent, and build innovation capacity to strengthen Canada’s productivity and global competitiveness.

What we offer

Mitacs Plus

Enhances collaboration and funding access for innovation projects through a user-friendly platform.

www.mitacs.ca/what-is-mitacs-plus/

Mitacs Accelerate Entrepreneur

Service

Empower student entrepreneurs to accelerate their startup development and market readiness through funded internships.

www.mitacs.ca/our-programs/accelerate-entrepreneur/

Mitacs Discover Business

Service

Connects organizations with the right academic expertise to solve innovation challenges and drive growth.

www.mitacs.ca/discover-business/

Mitacs Discover Not-for-Profit

Service

Connect your organization with skilled talent to create impactful community solutions.

www.mitacs.ca/discover-not-for-profit/

Indigenous Pathways

Service

Facilitates innovation and R&D through partnerships with Indigenous organizations.

www.mitacs.ca/about/indigenous-pathways/

Mitacs Training

Service

Enhances professional skills and accelerates career opportunities through free online training.

www.mitacs.ca/our-programs/training

Mitacs Financial Support

Service

Empowers innovators with financial assistance for diverse research and development projects.

www.mitacs.ca/services/financial-support/

Mitacs Connecting to Talent

Service

Streamline your hiring process and access skilled researchers with Mitacs Connecting to Talent.

www.mitacs.ca/services/connecting-to-talent/

Mitacs Managing Innovation

Service

Empowers organizations to harness research talent and manage innovation effectively.

www.mitacs.ca/services/managing-innovation/

Market segments

Market size by segment

Growth potential (CAGR)

Collaborative research and development

57 Billion USD11.3% CAGR

Programs and mechanisms that fund, organize, and manage joint R&D projects between industry, Indigenous organizations, not-for-profits, and academic researchers to advance applied research and technology transfer.

Graduate career placement and talent pipeline

8 Billion USD7% CAGR

Career development and placement services that support student and doctoral placement into academic and industry roles and help employers access graduating talent.

Grant funding advisory and application management

1 Billion USD10% CAGR

Services that identify eligible state and partner grants, audit readiness, prepare applications and manage end-to-end processes to maximise public funding for SMEs.

Innovation strategy and transformation

85 Billion USD14% CAGR

Advisory and implementation work that defines strategy, vision activation, go-to-market planning, and organizational change to scale new business models and products.

Professional development and training for research commercialization

6 Billion USD8% CAGR

Online and programmatic training in management, communication, entrepreneurial skills, and intrapreneurship designed to build workforce capacity for innovation projects and research commercialization.

More information about our offering

Mitacs Plus

Mitacs Plus is a platform offering a self-serve application portal and access to Mitacs programs, enabling industry–academic collaboration and streamlined program enrollment.

  • Submit Applications Easily
    Applicants can quickly manage their submissions, track status updates, and navigate changes all in one place.
  • Track Application Progress
    Mitacs Plus allows users to see the status of their applications at any moment, enhancing transparency and communication.
  • Navigate Processes Seamlessly
    The modern interface reduces complexity, allowing users to focus on innovation rather than paperwork.
  • Support Institutional Oversight
    Facilitates easy tracking and management of projects within educational institutions.

Mitacs Accelerate Entrepreneur

Mitacs Accelerate Entrepreneur is a flexible program that funds student and postdoctoral entrepreneurs to advance their startup’s research or technology, develop professional skills, and move toward market readiness. Internships are valued at $15,000 each.

  • Shares Funding Costs
    Mitacs matches the startup's investment by 50%, making high-quality talent more accessible.
  • Provides Financial Support
    Each internship provides significant resources to help entrepreneurs refine their products and services.
  • Tailors to Startup Needs
    Allows startups to adapt project lengths based on their growth trajectory.
  • Supports Project Continuity
    Facilitates completion of initial goals by allowing additional internship units if needed.
  • Enhances Entrepreneurial Skills
    Provides essential skills that contribute to the overall success of the entrepreneur's startup.

Mitacs Discover Business

Discover Business helps organizations identify challenges, build innovation roadmaps, and connect to the right academic expertise and know-how at the right time to drive growth.

  • Connects To Expert Academics
    Organizations gain tailored access to academic professionals who can provide specialized knowledge and insights to tackle specific innovation challenges.
  • Fosters International Partnerships
    Mitacs opens avenues for cross-border research collaborations, enhancing innovation through diverse perspectives and expertise.
  • Facilitates Funding Access
    Mitacs assists organizations in tapping into various funding sources, allowing them to stretch their R&D budgets further.
  • Enhances Financial Viability
    Prioritizes projects with clear paths to financial returns, ensuring that innovation strategies are economically sustainable.
  • Outlines Strategic Steps
    Develops tailored innovation strategies that align with organizational priorities and market needs.

Mitacs Discover Not-for-Profit

Discover Not-for-Profit connects charities, social enterprises, and community organizations with talent to address community challenges, co-design solutions, and access cutting-edge research.

  • Leverage Expert Talent
    Gain access to a network of highly skilled interns and professionals, equipping your organization with the expertise needed to tackle pressing community issues effectively.
  • Collaborate For Effective Solutions
    Ensure your organization works directly with communities to create tailored solutions that address specific needs, enhancing program efficiency and relevance.
  • Reduce Project Costs
    Mitacs co-invests in collaborative projects, significantly decreasing the financial burden on not-for-profit organizations while allowing them to achieve their objectives.
  • Forge Valuable Partnerships
    Enhance your organization's capability by collaborating with academic institutions to access new ideas, methodologies, and research developments.

Indigenous Pathways

Indigenous Pathways helps Indigenous-owned businesses and Indigenous organizations co-invest with Mitacs in collaborative R&D projects, connecting top talent and networks.

  • Obtain Significant Funding Support
    This feature significantly lowers the financial barrier for Indigenous organizations, allowing them to undertake innovative projects with minimal direct investment.
  • Drive Meaningful Impact
    Enabling research projects that directly address Indigenous priorities ensures relevant and impactful research outcomes.
  • Engage Diverse Partners
    This feature allows for collaboration across a wide range of Indigenous entities, enhancing the collective impact and innovation potential.
  • Access More Internship Units
    This expansion allows Indigenous organizations to better utilize talent for more extensive and diverse research and development projects.
  • Engage in Long-Term Projects
    Longer project durations facilitate deeper research outcomes and more substantial impact for both students and partner organizations.

Mitacs Training

Mitacs Training offers online courses for management, communication, and intrapreneurial skills, free of charge and facilitated by industry leaders to complement hands-on research experiences.

  • Cost-Free Access
    Eliminates financial barriers, enabling broader participation in professional development.
  • Builds Essential Skills
    Curriculum focused on vital soft skills needed in modern workplaces.
  • Enhances Research Skills
    Courses designed to integrate with Mitacs research initiatives, providing practical knowledge.
  • Accessible Learning
    Courses available to all participants regardless of location.

Mitacs Financial Support

Mitacs Financial Support provides funding options to propel projects, including grants, strategic funds, and business support programs.

  • Access Various Funding Streams
    Participants can explore multiple funding types tailored to their specific project requirements, enhancing flexibility and innovation potential.
  • Utilize Grants For Innovation
    Grants are available to aid businesses and research institutions in developing new technologies and commercializing ideas.
  • Focus on Diverse Organizations
    Specific funding initiatives are designed to address the unique needs and challenges faced by SMEs and not-for-profit organizations.
  • Leverage Limited Budgets
    This co-funding model allows organizations to manage their budgets effectively while engaging in innovative projects.

Mitacs Connecting to Talent

Access to talent: Mitacs connects organizations with highly qualified research talent through a pan-Canadian network to solve innovation challenges.

  • Leverage Funding for Talent
    Mitacs supports a significant portion of internship costs, enabling organizations to onboard talented interns without the full financial burden.
  • Connect with the Right Talent
    Mitacs utilizes an extensive network across Canadian post-secondary institutions to match organizations with researchers and interns who have the expertise needed for specific projects.
  • Receive Expert Guidance
    Mitacs advisors provide tailored assistance in navigating the program and establishing effective partnerships, ensuring your project meets eligibility criteria.
  • Engage Multidisciplinary Expertise
    Organizations can tap into a wide range of specializations, fostering innovative solutions in diverse fields relevant to their specific needs.
  • Tailor Project Lengths
    Projects can vary from short-term assignments to longer collaborations, offering flexibility to meet organizational timelines.

Mitacs Managing Innovation

Mitacs Managing Innovation guides organizations to identify challenges, formulate roadmaps, and connect to the right academic expertise to translate ideas into impact.

  • Connects With Top Academic Talent
    Provides direct access to skilled researchers from universities and colleges to solve specific organizational issues.
  • Mitigates R&D Risks
    Structured support helps navigate typical risks associated with research and innovation, allowing for smoother project execution.
  • Defines Project Directions
    Assists organizations in outlining clear and effective innovation pathways tailored to their specific challenges.
  • Builds Strategic Alliances
    Enhances innovation potential through cooperation across various sectors, fostering a collaborative environment for research.
  • Accesses Financial Assistance
    Utilizes available funding to support research initiatives, reducing the financial burden on organizations.

References

Methodology and sourcing behind the figures shown above.

Collaborative research and development

Used R&D cloud collaboration market reports as the primary proxy for collaborative R&D programs (cloud-enabled mechanisms that enable joint R&D and technology transfer). Future Market Insights and SNS Insider both report ~USD 57B (2025) and project ~USD 165–166B by 2035, implying ~11–11.4% CAGR. Enterprise collaboration sizing (broader category) shows a similar, slightly higher CAGR (~12%), supporting the mid-teens single‑digit double‑digit growth outlook; therefore estimate: ~USD 57B market with ~11.3% CAGR.

Graduate career placement and talent pipeline

Estimate based on search results showing rising employer focus on early-career hiring and investments in talent pipelines, combined with internal market-hierarchy reasoning. Public sources indicate active but variable hiring: NACE projects modest increases in graduate hiring while Cengage and Lloyd Staffing report constrained entry-level hiring and lower placement rates, signaling unmet demand for placement services. To quantify market size, I mapped the graduate/talent-pipeline segment as a subset of the broader US staffing/recruitment and higher-education career-services/edtech markets: using an internal baseline for US staffing/recruitment revenue and career-services budgets, I allocated a conservative 3–7% share to graduate placement, plus incremental revenue from university career centers and early-talent edtech/platforms, yielding an estimated US market of roughly $6–10 billion (midpoint $8B). Growth (CAGR ~7%) reflects expanding employer investment in early-talent programs, rising demand for AI and job-specific skills, and growth in paid internship/early-career programs offset by macro headwinds (tight labor markets, demographic shifts).

Grant funding advisory and application management

Search results show the global grant/grant-management software market at roughly USD 1.7–2.4B (recent years) with CAGRs in the ~8–11.5% range. Using those software market figures as the closest observable proxy, and applying a conservative services share for professional grant advisory, application-preparation and end-to-end managed services for SMEs (smaller addressable share than enterprise software plus implementation/managed-services tail), I estimate the global grant funding advisory & application-management services market at about USD 1.0B with growth potential near 10% CAGR (consistent with reported software-market growth drivers: digitization, rising funding volumes, and AI-enabled services).

Innovation strategy and transformation

Triangulated global digital-transformation market figures from multiple reports (2025–2026 vintages range ~USD 0.75–2.63 trillion). Assumed professional services (implementation & advisory) represent roughly 20–30% of total DT spend, and strategy/innovation transformation advisory is a subset (~15–25%) of services. Using a midpoint of published total-market estimates and conservative services/advisory share assumptions yields an estimated global market for innovation strategy and transformation advisory & implementation of about USD 85 billion. Growth potential (CAGR ~14%) aligns with the mid-point of reported digital-transformation CAGRs (9–21%), adjusted upward for higher demand for advisory and change-management services.

Professional development and training for research commercialization

Used global professional development / career training market estimates in search results (MRFR: $573.25B in 2024; Business Research Insights: $433.58B in 2026) as the parent market. Research-commercialization training is a specialized subset serving universities, research organizations, biotech/pharma R&D and corporate innovation teams; conservatively assumed ~1% share of the global professional development market (~$5–6B). Growth potential is estimated above the broader market CAGR (broader market 5.5–6.0%) due to rising biotech and commercialization activity and digital delivery, yielding an estimated CAGR ~8%.

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