This program is designed for business owners like you who are looking to hire the best candidates. By participating, you can advertise your job openings for free to thousands of job seekers. This means you can reach a large pool of potential candidates without any cost.

Why Apply?

• Free Job Advertising: Save on recruitment costs by posting your job openings at no charge.
• Candidate Matching: Receive a list of potential candidates that match your job requirements.
• Easy Application Process: Check out candidate profiles and invite them to apply with just one click.

Benefits for Your Business

• Cost-Effective Hiring: Reduce your hiring expenses significantly.
• Access to a Large Talent Pool: Increase your chances of finding the right fit for your job openings.
• Streamlined Recruitment: Simplify your hiring process with easy-to-use tools and features.

Qualifying for this program is straightforward, making it an excellent opportunity to enhance your recruitment efforts and grow your business.

Type of Financing: This program offers a Grant.

Eligible Expenses:

• Salaries and wages for new hires.
• Training and development programs.
• Equipment and technology purchases.
• Marketing and promotional activities.
• Research and development costs.

Use of Funds:

• Funds cannot be used for personal expenses, debt repayment, or any non-business-related activities.

Repayment Terms:

• Since this is a grant, there is no repayment required.

Fees:

• There are no application or processing fees associated with this program.

This program offers your business a chance to receive up to $1,000,000. You can use up to $500,000 of this amount to buy equipment or improve your rented space.

Eligible uses include:

• Commercial kitchen appliances
• Manufacturing machinery
• Computers and IT infrastructure
• Renovating a retail space

For other costs like software or operational expenses, the program can provide up to $150,000.

The federal government guarantees 85% of the loan, giving you a significant safety net.

Flexible repayment options are available. You can choose a variable interest rate, a fixed one, or a combination of both.

You have up to 15 years to repay the loan, regardless of how you use the funds.

To apply for the program, follow these steps:

1. Create a User Account:

• Visit the Job Bank website.
• Click on "Sign up now!"
• Enter your email and create a password.
• Confirm your email address through the verification link sent to your inbox.

2. Register as an Employer:

• After creating your user account, log in.
• Navigate to the "For Employers" section.
• Create an employer file by providing your business details.

3. Prepare Documentation:

• Gather the following documents:
  • Business registration or incorporation documents.
  • Proof of business address.
  • Tax identification number.
  • Contact information for the business owner or authorized representative.
  • Job descriptions and requirements for the positions you intend to post.

4. Create Job Postings:

• Once your employer file is set up, go to the "Hiring" section.
• Click on "Create a Job Posting."
• Fill in the job details, including title, description, requirements, and location.

5. Review and Submit:

• Review all the information entered for accuracy.
• Submit the job posting for approval.

6. Monitor Applications:

• After submission, monitor your job postings for applications.
• Use the Job Bank platform to review candidate profiles and invite them to apply.

7. Follow Up:

• Respond to candidate inquiries.
• Schedule interviews and follow up with potential hires.

By following these steps, you can effectively use the Job Bank to attract and hire the best candidates for your business.