December 19, 2012 - Up to 86 recent graduates and graduate students in McMaster University's faculties of science and engineering will receive valuable internships with southern Ontario businesses thanks to a new Government of Canada investment of $1,133,000. The investment was announced today by David Sweet, Member of Parliament for Ancaster-Dundas-Flamborough-Westdale, on behalf of the Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario).
"Our government is committed to creating jobs, growth and long-term prosperity for southern Ontario," said MP Sweet. "This investment will help McMaster's young scientists and engineers to get the professional experience, mentorship and business skills they need as they develop into the next generation of leaders in business and innovation."
The investment is being provided through FedDev Ontario's Graduate Enterprise Internship (GEI), which provides funding for not-for-profit organizations and post-secondary institutions to arrange internship and mentoring opportunities for recent graduates and graduate students of science, technology, engineering and mathematics (STEM) programs with small- and medium-sized enterprises.
"The FedDev GEI program will create an important bridge for recent graduates from the Faculty of Science who wish to enter the workforce," said Dr. Peter Sutherland, Acting Dean of the Faculty of Science, McMaster University. "The internship model will allow our students an opportunity to complement their academic training with relevant work experience and it will give employers access to new talent with cutting edge skills."
McMaster University's science and engineering faculties place approximately 700 students in co-operative education work terms each year. FedDev Ontario's investment will allow the university to place up to an additional 86 recent graduates and graduate students in the fields of science and engineering at small- and medium-sized businesses in the region, providing them with access to job opportunities in their fields.
"We are proud of what our McMaster graduates bring to the marketplace," said Art Heidebrecht, Acting Dean of the Faculty of Engineering. "We are very grateful to the Federal Economic Development Agency for Southern Ontario. The Graduate Enterprise Internship program will kick-start the professional careers of young McMaster graduates in science and engineering, and will help build the next generation of leaders in innovation."
For more information on the Graduate Enterprise Internship and McMaster University, please refer to the backgrounder.
Created in 2009, FedDev Ontario supports the southern Ontario economy by building on the region's strengths and creating opportunities for jobs and economic growth. The Agency has launched a number of initiatives to create a Southern Ontario Advantage and place the region in a strong position to compete in the global economy. These initiatives are designed to encourage partnerships and support projects that help the region's businesses and communities become more competitive, innovative and diversified. To learn more, please visit www.FedDevOntario.gc.ca or call 1-866-593-5505