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MITACS operates as a national non-profit organization dedicated to fostering innovation through collaborative research and training programs. It builds bridges between Canadian academia, private industry, and government, deploying skilled talent and developing innovation capacity across various sectors. The organization’s core offering involves connecting businesses with researchers and providing essential financial support to facilitate impactful research and development projects.
The organization was established in 1999 by Luc Vinet, Nassif Ghoussoub, and Donald A. Dawson. Their foundational insight recognized a critical need to enhance Canada's productivity and global competitiveness by strengthening the ties between academic research and industrial application. The founders envisioned a robust mechanism for translating scientific advancements into tangible economic and societal benefits.
MITACS serves a diverse clientele including businesses, not-for-profit organizations, university professors, and students at the graduate and postdoctoral levels. Its long-term vision is to drive innovation, enhance national productivity, and convert new knowledge into significant real-world impact. The organization aims to continue fortifying Canada's economy by strategically linking research expertise with industry demands.
Key people at MITACS.
MITACS was founded in 1999 by Donald A. Dawson (Founder) and Luc Vinet (Founder) and Nassif Ghoussoub (Founder) and Steve Halperin (Founder).
Key people at MITACS.
MITACS was founded in 1999 by Donald A. Dawson (Founder) and Luc Vinet (Founder) and Nassif Ghoussoub (Founder) and Steve Halperin (Founder).
MITACS has 3 tracked investments across 3 companies. The latest tracked deal is $2.0M Pre-Seed in Maia Farms in May 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 9, 2024 | Maia Farms | $2.0M Pre-Seed | Jennifer Stojkovic, Koan Capital, PIC Group | Canadian Food Innovation Network, Canadian Space Agency, The SFU BC Centre For Agritech Innovation |
| Jul 28, 2022 | BIOS | $1.4M Other Equity | MEDTEQ+ | Blake Richards, Ministère DE L'économie, DE L'innovation ET DE L'énergie |
| Sep 10, 2020 | Replica Analytics | $1.0M Pre-Seed | — | Facit |