Skills Online Nova Scotia
Highlights
This program is designed for business owners like you who want to enhance their team's skills and improve overall business performance. By participating, you gain access to a vast library of free online courses that you can assign and track, ensuring your staff is equipped with the latest in-demand skills.
Key Benefits:
- Free Access: Hundreds of online courses at no cost.
- Flexibility: Employees can complete training at their own pace, from anywhere.
- Tracking: Easily monitor progress and completion rates.
- Certification: Employees receive lifelong e-Certificates upon course completion.
This program offers a unique opportunity to upskill your workforce without the financial burden typically associated with training programs. It's easy to qualify, and the benefits to your business are substantial.
Financing Details
Type of Financing: Grant
Eligible Expenses:
- Training and upskilling courses for employees
- Certification programs
- Online learning resources
- Workshops and seminars
Use of Funds:
- Funds can be used to cover the costs of enrolling employees in approved training programs.
- Funds can be used for acquiring necessary materials and resources for training.
Restrictions:
- Funds cannot be used for unrelated business expenses.
- Funds cannot be used for salaries or wages outside of training purposes.
- Funds cannot be used for any non-training related operational costs.
Fees:
- There are no application or participation fees associated with this grant program.
Qualifications
- Must be a business operating in Nova Scotia.
- Must be an owner or manager of the business.
- Must have current employees who can complete training.
- Must be a member of one of Nova Scotia’s Industry Sector Councils if accessing training through the Association of Industry Sector Councils (AISC).
Disqualifications:
- None specified.
Description
This program offers your business a great chance to grow and improve. You can receive up to $1,000,000. You can use up to $500,000 of this amount to buy equipment or upgrade your rented space.
Examples of what you can purchase include:
- Commercial kitchen appliances
- Manufacturing machinery
- Computers and IT infrastructure
- Renovating a retail space
For other costs like software or operational expenses, you can get up to $150,000.
The federal government guarantees 85% of the loan, providing a significant safety net for you.
This loan program is flexible. If you have made qualifying purchases in the last 365 days, you can include them in this loan.
You have various options to pay back the loan. You can choose a variable interest rate, a fixed one, or a combination. You have up to 15 years to repay the loan, no matter what you spend it on.
Program Steps
Create an Account:
- Visit the SkillsonlineNS website.
- Click on "Register" to create an account for your business.
Prepare Documentation:
- Gather necessary documents, including:
- Business registration details.
- Contact information for your business.
- List of employees who will participate in the training.
- Any specific training needs or goals.
- Gather necessary documents, including:
Browse Training Courses:
- Log in to your SkillsonlineNS account.
- Browse the available training courses and select the ones that fit your business needs.
Assign Training:
- Assign the selected courses to your employees through the SkillsonlineNS portal.
- Ensure each employee receives the correct training assignments.
Track Progress:
- Use the portal to monitor the progress of your employees.
- Ensure they complete their assigned training modules.
Complete Training:
- Encourage your employees to complete their training.
- Ensure they achieve their e-Certificates upon completion.
Utilize Support:
- If you have any questions or need assistance, contact the SkillsonlineNS support team.
- Use the provided contact information for any inquiries or help with the application process.