This program is designed specifically for businesses like yours. By applying, you could receive up to $50,000 in funding, or up to $100,000 for certain projects, to help develop micro-credentials tailored for the automotive and mobility sectors. This funding allows you to enhance your team's skills, ensuring they meet the current industry demands without the stress of immediate repayment.

Why should you apply? Because this is not just about financial support; it’s about investing in your workforce and future-proofing your business. You can create validated content that will make a tangible difference in both performance and productivity. Plus, the lack of minimum employee or revenue requirements means this opportunity is accessible, regardless of your business size.

In summary:

• Funding of up to $100,000 is available to support your projects.
• Aligns with industry needs, making your team more competitive.
• No repayment pressure allows you to focus on growth.

This program can be the key to advancing your business and empowering your team. Why not take the next step?

Type of Financing

The program offers grants to eligible applicants. You can receive up to $50,000, or even $100,000 if your project includes at least four interconnected micro-credentials.

Repayment and Interest

This funding does not require repayment. There are no interest rates associated with the grants. It’s free money to help you develop valuable content for the automotive and mobility workforce.

Eligible and Ineligible Expenses

You can use the funds for expenses directly related to developing micro-credentials that meet industry needs. This may include costs for curriculum development, training materials, and platform hosting. However, the funds cannot be used for unrelated operational costs, personal expenses, or activities not focused on micro-credential development. Additionally, there are no fees associated with the program.

• Location: Must be based in Ontario.
• Applicant Type: Eligible applicants include:
  • Ontario-based post-secondary institutions
  • Non-profits
• Employees:
  • No minimum number of employees required.
  • No maximum number of employees required.
• Company Revenue:
  • No minimum revenue qualification.
  • No maximum revenue qualification.
• Legal Structure:
  • All legal structures are applicable.
• Profit Structure:
  • All profit structures are applicable.

Disqualifications:

• Businesses outside of Ontario are not eligible.
• Businesses that do not fall under the categories of post-secondary institutions or non-profits cannot apply.

The program provides up to $50,000 in funding for your business, or up to $100,000 for specific projects. This money can be used to support the development of micro-credentials in the automotive and mobility sectors. Basically, this means you can enhance the skills of your workforce in a way that directly meets the industry's demands.

The funding is designed to help you create validated content that can really make a difference in your business. By applying for this program, you can ensure that you're working towards upskilling your team with resources that reflect current industry needs. The best part? There are no minimum employee or revenue requirements, which means it's accessible no matter the size of your organization.

This is a unique chance to invest in your workforce while aligning with the growing demands of the automotive and mobility sectors. With the funding, you can strengthen your business and prepare your team for the future. You have a chance to make impactful changes without the pressure of immediate repayment, giving you time to see the results of your investment.