This program is designed specifically for businesses like yours to support growth and development in the environmental sector. By participating, you can receive substantial financial assistance to cover wages and training costs, making it easier to attract and retain skilled talent.

Key Benefits:

• Up to 80% wage coverage for new hires, which can amount to $25,000.
• Training subsidies to enhance your team's skills and capabilities.
• Flexible financing options that can be more advantageous than traditional loans due to government backing.

Why Apply?

• Reduce hiring costs significantly, making it easier to bring in fresh talent.
• Enhance your workforce with well-trained professionals, boosting productivity and innovation.
• Easy qualification process, ensuring you can quickly access the funds you need to grow your business.

By getting approved for this program, you'll not only save on initial costs but also position your business for long-term success in the environmental sector.

Type of Financing:

• Wage Subsidy: Receive up to $18,000 to cover 75% of wages when hiring a professional under age 30 for full-time environmental positions related to STEM fields like Energy, Forestry, Minerals/Metals, and Earth Sciences.

Repayment Terms:

• No repayment terms specified, as this is a wage subsidy program and not a loan or grant.

Eligible Expenses:

• Covers wages for professionals under age 30 in full-time environmental positions related to STEM fields.

Ineligible Expenses:

• Funds cannot be used for expenses other than covering wages for professionals under age 30 in full-time environmental positions related to STEM fields.

Fees:

• No fees mentioned, as this is a wage subsidy program and not a loan or grant.

This program offers your business up to $18,000 to cover 75% of wages when you hire a professional under age 30. The position must be full-time and related to STEM fields such as Energy, Forestry, Minerals/Metals, or Earth Sciences.

Key benefits include:

• Significant wage coverage: You can save on labor costs, making it easier to bring in talented young professionals.
• Focus on STEM fields: This ensures you get skilled workers who can contribute to your business's growth in specialized areas.
• Full-time employment: Provides stability for both your business and the new hire, fostering a productive work environment.

This funding can help you grow your team while minimizing financial risk, making it a valuable opportunity for your business.

To apply for the program, follow these steps:

1. Register Your Business on the ECO Canada Portal:

   • Visit the ECO Canada website.
   • Create an account or log in if you already have one.

2. Complete the Online Application Form:

   • Navigate to the specific program page.
   • Fill out the required fields in the application form.

3. Prepare Necessary Documentation:

   • Business Registration Documents
   • Financial Statements (last two years)
   • Business Plan
   • Job Descriptions for the positions you are hiring for
   • Proof of Payroll (if applicable)
   • Any other documents specified in the application form

4. Submit the Application:

   • Review all the information and documents.
   • Submit the completed application form along with the required documentation through the ECO Canada portal.

5. Wait for Application Review:

   • ECO Canada will review your application.
   • You may be contacted for additional information or clarification.

6. Receive Approval and Funding:

   • Upon approval, you will receive a confirmation email.
   • Follow the instructions provided to receive the funding.

7. Implement the Program:

   • Use the funds as specified in your application.
   • Ensure compliance with all program requirements and reporting obligations.

8. Report on Program Outcomes:

   • Submit regular progress reports as required.
   • Provide final documentation on the use of funds and program outcomes.

By following these steps, you can successfully apply for and benefit from the program.