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Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

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Page 1: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

Connecting Industry with University ExpertiseLindsay BowmanDirector, Business DevelopmentNew Brunswick

Page 2: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

Agenda

• Overview of Mitacs Inc.• Overview of Mitacs Programs

– Accelerate– Elevate– Globalink

• Wrap up / questions

Page 3: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

Mitacs Inc.

A not-for-profit organization offering research and training programs in partnership with provincial/federal governments, academia, and industry.

Mitacs programs foster & support innovation and a knowledge-based economy in Canada• Support world class multi-disciplinary research• Connect industry partners with leading university researchers to

advance:• Industry innovation• Research excellence• Highly Qualified Personnel (HQP) training

Page 4: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

• Accelerate – Grad student and post-doc research

projects / internships

• Elevate – Post-doctoral fellowships

• Globalink – International undergraduate student research projects at Canadian

universities

Mitacs Programs

Attract Train Retain Deploy

Page 5: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

Accelerate

Objective:• To initiate and support multi-disciplinary applied research

collaborations between university researchers and industrial partners

Adopted model:• Collaborative research projects are made up of multiples

(blocks) of 4-month internships

Page 6: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

• Student spends approx. half time at company, half time at university

• Travel subsidies available

Accelerate: Funding – One Internship Block

•$7,500 Industry Partner•$7,500 Mitacs

$15,000 research

grant

$10,000 minimum

student stipend

$5,000other project-

related expenses

Page 7: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

• Open to graduate students and post-doc fellows– Masters students can do up to 2 internship blocks– PhD students can do up to 6 internship blocks– Post-docs can do up to 6 internship blocks– Note: students are limited to 6 internships per lifetime

• Each internship a 4-month block, which may be stretched to 6 months, depending on need

Accelerate: Eligibility & Timeline

Page 8: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

Accelerate: Application Process

• Application forms are short, quick and easy to fill-out• No application deadlines• Peer-reviewed by internal and external experts• Answers are given within 6 weeks of filing• Not a contest• International students are welcome• Full support of the Mitacs Business Development Team

Page 9: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

Accelerate: Funding – CLUSTERS

• Extra leverage for medium to large projects • Minimum: 3 students (scalable)• Minimum total funding: $80K (6 blocks + $20K flexible)• Scalable: each additional $18K from industry generates $22K from Mitacs

•$36,000 Industry Partner•$44,000 Mitacs

$80,000 research

grant

$20,000other project-

related expenses

$10,000

internships

$10,000

$10,000$10,00

0$10,00

0$10,00

0

Page 10: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

Accelerate: Eligible Industry Partners

• Eligible: Company / industry / business of any size with offices or facilities in Canada where intern can spend time on-site– Domestic or foreign-owned– Eligible organisations may also include:

• Crown Corporations• University spin-offs• First Nations Development Corporations • Industry associations

• Ineligible: Hospitals, NGOs, municipalities, government agencies, university spin-offs in same room as founding “lab”

Page 11: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

Accelerate: Process

Company Initiates• A company contacts a Mitacs

Business Development Director to discuss potential project scope

• Company can make use of their contacts at Canadian universities

• Or, sends Mitacs a brief project description, Mitacs makes use of their university network and potential professor & intern introduced to company

Professor/Student Initiates• A professor with an identified

industry partner & potential intern contacts a Mitacs Business Development Director

• The intern prepares a proposal, with company and professor, Mitacs staff can assist (~ 2 months before start) • Proposal submitted for peer review (non-competitive)

OR

THEN

Page 12: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

• Title: Valuation Analysis of Canada’s Privately-Held Technology Companies

• Partner: CoreGen Capital Partners • Discipline: Economics • Project scope: The goal of this project is to develop a financial model

which will be used to value privately-held technology companies in Canada. The research for the summer will be conducted with CoreGen Capital Partners. Market participants typically pay a liquidity premium when investing in the public market.

• The objectives of this research will be to accurately measure how investors determine the illiquidity discounts and to incorporate those factors into a valuation model for private technology companies in Canada.

Case in point: UofT and CoreGen Capital Partners

Page 13: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

• Title: Clarifying the Concept and Measurement of School Climate• Partner: Ameresco Canada • Discipline: Sociology • Project scope: The condition of school facilities is an important, manageable

determinant of teaching and learning outcomes. Recent research suggests that the effects of facility conditions on learning outcomes are mediated through “school climate”.

• This project, in partnership with Ameresco, an independent energy solutions company delivering long-term customer value through innovative systems, strategies and technologies, will take stock of the current definitions and measures of “school climate” and attempt to construct a sophisticated, defensible understanding of how the concept should be understood and measured.

Case in point: University of Manitoba & Ameresco Canada

Page 14: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

• Title: Embracing 2030: Muslim Community Strategies & Priorities for the Future

• Partner: AQL Management Consulting Inc. • Discipline: Religion • Project scope: Various waves of immigration have altered the profiles of

Muslim communities in Alberta demanding a need for better data and information for both short and long term planning of services and infrastructure. This need poses challenges not only to individual civil society organizations, but also to cross-organization coalitions seeking to build common ground upon which to facilitate more comprehensive service efforts.

• To this end, using published demographic data, and information gathered from various focus group interviews, this project seeks to identify high-level issues across and between Islamic communities in Edmonton.

Case in point: University of Alberta & AQL Management Consulting Inc.

Page 15: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

• Title: The Effects of a Deep Pressure Therapy Device on Anxiety, Attention & Behaviour

• Partner: Squeezease Therapy Inc. • Discipline: Psychology • Project scope: The purpose of this research project is to test the effects

of an inflatable garment (vest) for providing Deep Pressure Therapy to children with autism spectrum disorders and other health disorders. The vest provides overall, evenly distributed pressure to the torso, and pressure can be adjusted through a pump and monitored through a pressure sensor.

• We are interested in how the vest will affect a child’s anxiety, attention, and inhibition, and their general behaviour. We will be testing children with autism spectrum disorders, attention deficit disorder, or attention deficit hyperactivity disorder.

Case in point: University of Victoria & Squeezease Therapy Inc.

Page 16: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

• Title: Residual White Spruce Growth Responses Following Partial Cutting Treatments in Boreal Mixedwoods

• Partner: Tembec • Discipline: Environmental Sciences • Project scope: The boreal mixedwood forests of the Abitibi region of

Quebec are often characterized by a canopy of trembling aspen with shade tolerant species such as white spruce and balsam fir in the subcanopy. In many cases, harvesting has converted complex mixedwoods into simpler, even aged forests.

• The purpose of this project is to evaluate the growth responses of residual white spruce trees in mixedwood stands where four different proportions of trembling aspen were removed by partial cutting ten years ago.

Case in point: Université du Québec and Tembec

Page 17: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

Elevate

• 1-2 year competitive program for post-doctoral fellows• Builds industrial scientific management capacity and retains

recent PhD graduates in Canada by:– Transitioning PhD holders from academia to industry– Providing on-site research and management training– Offering supplementary training, mentorship, and tools for industrial

success– Creating demand and opportunities within industry

Page 18: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

• Annual award consists of a research grant provided to the supervising professor to cover the fellow’s stipend & research costs, as well as specialized leadership & management training delivered by Mitacs. – The grant is $57,500.00 per year; a minimum stipend of $50,000.00

per year must be paid to the fellow.

• Industry partner contribution: $25,000.00 cash per year. Funds must be received by Mitacs in order to be matched and forwarded to the university.

Elevate Funding

Page 19: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

• Goal: To make Canada THE graduate research destination for international students

• Mitacs funds international undergraduate students to spend 3 months doing research at Canadian universities

• Mitacs works with universities to offer attractive scholarships to encourage return for graduate studies

Globalink

Page 20: Connecting Industry with University Expertise Lindsay Bowman Director, Business Development New Brunswick

For More Information

Lindsay BowmanDirector, Business Development, NB and PEI

[email protected]

Rukhsana MajothiCoordinator, Grant

ManagementAtlantic Region

[email protected]

Eric BoscoExecutive Vice President,

Business [email protected]

514-833-9690