Career Launcher Apprenticeship Program
Highlights
This program is designed specifically for businesses like yours in the construction and manufacturing sectors. By participating, you can receive up to $10,000 in financial incentives for hiring first-year apprentices, particularly those from underrepresented groups. This funding can help you address worker shortages and promote diversity within your workforce.
Key Benefits:
- $5,000 incentive for hiring new first-year apprentices
- $10,000 incentive for hiring apprentices from underrepresented groups
- Access to resources and tools to create an inclusive workplace
This program offers a unique advantage over other financing options because it not only provides immediate financial support but also helps build a more resilient and diverse workforce. The approval process is straightforward, making it easier for your business to qualify and benefit from these incentives.
Financing Details
Type of Financing: The program offers grants to employers. These grants are non-repayable, making them a straightforward financial benefit without the burden of repayment.
Grant Amounts and Conditions:
- Employers receive a base grant of $5,000 for hiring a first-year apprentice.
- An additional grant of $5,000 is available for hiring apprentices from equity-deserving groups, including women, Indigenous people, and persons with disabilities.
Eligible Expenses:
- The grants can be used towards the salaries and training costs of the apprentices.
- Expenses related to the administration of the apprenticeship within the organization are also covered.
Restrictions on Use of Funds:
- Funds must be directed towards the costs associated with hiring and training apprentices.
- They cannot be used for capital expenditures, such as purchasing equipment or real estate.
Associated Fees:
- There are no application or processing fees associated with these grants.
- Employers are not required to pay any fees to access the grant funds, ensuring that the full amount can be utilized towards enhancing their workforce capabilities.
Qualifications
- Must be a small or medium-sized construction or manufacturing business.
- Must hire first-year apprentices.
- Must hire apprentices in one of the 39 Red Seal construction or manufacturing trades.
Can receive additional funding for hiring apprentices from equity-deserving groups, such as:
- Women
- Indigenous people
- Persons with disabilities
- Disqualifications:
- Businesses outside the construction or manufacturing sectors.
Description
This program offers your business a $5,000 incentive for hiring a first-year apprentice in one of the 39 Red Seal construction or manufacturing trades. If you hire an apprentice from an equity-deserving group, such as women, Indigenous people, or persons with disabilities, you can receive an additional $5,000.
The funds can be used to support the recruitment, training, and retention of these new apprentices. This not only helps fill immediate skills gaps but also promotes a more diverse and inclusive workforce.
There are no payback requirements for this incentive. It’s a straightforward financial boost to help your business grow and thrive while contributing to a more equitable industry.
Program Steps
Gather Necessary Documentation: Prepare the following documents to support your application:
- Business registration details
- Financial statements (balance sheet, income statement)
- Business plan
- Proof of hiring new first-year apprentices
- Details of intended use of funds (e.g., quotes for equipment or training costs)
Review Program Guidelines: Understand the specific requirements and benefits of the program, including the financial incentives offered for hiring first-year apprentices and those from underrepresented groups.
Complete the Application Form: Fill out the application form with accurate and detailed information about your business and the apprentices you plan to hire.
Submit the Application: Send the completed application form and all required documentation to the designated program office or through the specified online portal.
Follow Up: After submission, follow up with the program office to confirm receipt of your application and to address any additional information requests.
Await Approval: The program office will review your application. Be prepared to provide any further details if requested.
Receive Funds: Upon approval, you will receive the financial incentive, which you can use to support the hiring and training of new apprentices in your business.