The TalentEdge Internship Program (TIP) is designed for businesses like yours to gain access to top-tier talent from Ontario’s colleges and universities. By participating, your company can collaborate with skilled interns on industry-driven research and development projects. This can help you innovate and stay competitive in the automotive and smart mobility sectors.

Why should you apply?

• Access to world-class talent: Interns bring fresh perspectives and cutting-edge knowledge in areas like software development, artificial intelligence, and data analytics.
• Cost-effective R&D: The program supports your R&D projects, helping you develop new products, services, and processes without bearing the full financial burden.
• Hands-on industry experience for interns: This not only benefits the interns but also ensures they are well-prepared to contribute effectively to your projects.

What’s in it for you?

• Enhanced innovation capacity: Strengthen your ability to develop advanced technologies such as Connected and Autonomous Vehicles (C/AV) and Electric Vehicles (EV).
• Government-backed support: This program offers a reliable source of funding, making it a safer and more attractive option compared to other financing methods.
• Ease of qualification: The application process is straightforward, and an OCI Business Development Manager will assist you every step of the way.

Participating in TIP can significantly boost your business’s innovation and growth. Don’t miss this opportunity to leverage top talent and government support to advance your R&D efforts.

Type of Financing: Grant

Repayment Terms and Interest Rates:

• No repayment required.
• No interest rates apply.

Eligible Expenses:

• Salaries and benefits for interns.
• Costs related to research and development activities.
• Expenses for materials and supplies necessary for the project.
• Travel expenses directly related to the project.

Ineligible Expenses:

• General operational costs not related to the project.
• Capital expenditures such as equipment purchases.
• Overhead costs not directly tied to the project.

Fees:

• No application or processing fees.

This program offers your business a unique chance to access top talent from Ontario's colleges and universities. You can receive funding to hire interns who are current students or recent graduates. These interns will work on research and development projects in areas like automotive technology, smart mobility, electric vehicles, and more.

Your business can benefit in several ways:

• Access to cutting-edge expertise: Interns bring fresh knowledge in fields such as software development, artificial intelligence, and data analytics.
• Support for innovation: The program helps you develop new products, services, and processes, enhancing your competitive edge.
• Financial assistance: The program covers part of the intern's salary, reducing your costs.

By participating, you not only strengthen your business but also contribute to the growth of Ontario’s tech and automotive sectors. This is a valuable opportunity to innovate and grow with the support of skilled talent.