Government Funds Increased Research And Business Opportunities
Advanced Education Minister Tina Beaudry-Mellor announced a $400,000 grant to advance research and increase international business opportunities in Saskatchewan.
The grant will fund 68 graduate students and postdoctoral fellows in research and development internships in science, technology, engineering and mathematics as well as 33 international student research opportunities.
“This funding supports our Growth Plan by keeping talented young people in the province,” Beaudry-Mellor said. “Providing students the opportunity to build their careers with Saskatchewan companies benefits our economy and gives us the ability to compete globally.”
The internship funding will flow through two programs administered by Mitacs, a national not-for-profit research and development organization that specializes in the commercialization of cutting-edge technologies.
Since 2007, Saskatchewan has invested nearly $3 million in the Mitacs Accelerate and Globalink programs. With federal funding and industry contributions, a total of $13.3 million has been invested in Saskatchewan’s economy. To date, this investment has supported 508 internships and research opportunities. Mitacs funded an additional 417 students through its own resources.
“One of our goals is to promote this province as a top research and education destination,” Beadry-Mellor said. “This will open the door for innovators and entrepreneurs to settle in Saskatchewan.”
Saskatchewan’s Growth Plan includes a focus on securing access and expanding international markets for Saskatchewan technology and products.