Waterloo, Ontario — Graduate students in science, technology, engineering, and mathematics programs will gain real-world business skills and experience through internships with small- and medium-sized businesses as a result of a new Government of Canada initiative to strengthen the economy of southern Ontario. The Honourable Gary Goodyear, Minister of State (Federal Economic Development Agency for Southern Ontario) launched the new Graduate Enterprise Internship today at an event in Waterloo, Ontario. Members of Parliament Patrick Brown and Jeff Watson held announcements in Barrie and Windsor respectively, highlighting the benefits for residents of southern Ontario.
"Our government is committed to creating jobs and supporting economic growth in southern Ontario," said Minister Goodyear. "The new Graduate Enterprise Internship will give science, technology, engineering, and mathematics graduates business skills to help them move into the workforce, while providing businesses with greater access to technical expertise they need to innovate."
The Graduate Enterprise Internship will provide up to $80 million over four years to programs that offer science and engineering graduate students and recent graduates (within five years) of undergraduate programs, internship and mentoring opportunities with small- and medium-sized businesses. Interns will gain business experience to complement their scientific skills and companies will benefit from interns' technical knowledge.