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Innovations that Help Businesses Grow

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Innovations that Help Businesses Grow

by Parkview News Online
October 13, 2022
Innovations that Help Businesses Grow
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All companies’ dream is expansion. They want bigger locations, have branches, and some want their company to be globally competitive. In order to reach this goal; hard work, research, and innovation are needed and it also require talent, time, and budget.

The Nova Scotia Business Inc. has partnered with Mitacs to help companies grow and harness the power of innovation. In order to address organizational difficulties both domestically and abroad, Mitacs links the commercial sector with the greatest post-secondary schools. For 20 years, Mitacs has supported ground-breaking research, provided internships for graduate students, and assisted businesses in attaining their objectives, producing outcomes that have boosted the Canadian economy and impact.

Mitacs is a non-profit platform that helps firms accomplish their objectives, whether they include assessing the effects of their projects or creating novel goods or procedures. They support you through the procedure, give money for projects (up to 55%), and link highly qualified researchers with the companies, non-profits, cities, and hospitals who need them.

In order to address organizational difficulties both domestically and abroad, Mitacs links the commercial sector with the greatest post-secondary schools. For 20 years, Mitacs has supported ground-breaking research, provided internships for graduate students, and assisted businesses in attaining their objectives, producing outcomes that have boosted the Canadian economy and impact.

One of their stories of innovation is the story of the NOVONIX Battery Technology Solutions. As the battery industry surges, companies like NOVONIX aims to build partnerships with highly skilled graduate students with a hope of hiring them in the future.

Ryan Fielden, Manager, Internal R&D at NOVONIX Battery Technology Solutions., is quick to point out that NOVONIX’s internal R&D team was a direct result of Mitacs, which, through funding partnerships with organizations like Nova Scotia Business Inc., covered at least 50% of the innovation internships. Currently, three postdocs are interning there, and many more have already gone through the program.

More innovative stories at https://www.novascotiabusiness.com/nsbi-mitacs-four-stories-of-innovation/novonix

References:
https://www.mitacs.ca/en
https://www.novascotiabusiness.com/

Photo by Pixabay: https://www.pexels.com/photo/clear-light-bulb-355948/

Tags: business growthglobally competitiveinnovationMitacsNova Scotia Business Inc.NOVONIX
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