This program offers you a fantastic chance to enhance your workforce while keeping costs low. You can receive up to 70% of wages, with a cap of $7,000 per student. This financial support allows you to bring in talented students for 4 to 16 weeks, providing them with valuable experience while your business benefits from fresh perspectives and enthusiasm.

By participating, you don't just reduce labor costs — you also contribute to student readiness in their field of study. This collaborative experience can lead to new ideas, helping your operations grow and innovate. Creating a safe, supportive environment for these students also positions your business as a leader in community engagement, which can boost your reputation.

Overall, this program simplifies the hiring process. It brings you skilled help without breaking the bank, ensuring that your employees and the students both reap the rewards. Applying is straightforward, and the benefits to your business can be substantial.

Type of Financing
This program offers a wage subsidy. Employers can receive up to 70% of the wages for students they hire, with a maximum limit of $7,000 per student. The wage subsidy is available for work placements lasting between 4 to 16 weeks.

Eligible Expenses
Funds can be used for wages paid to students who are engaged in work directly related to their field of study. This includes both full-time and part-time positions. It’s important to note that the placements must not be covered by other federal grants.

Restrictions and Fees
The funds cannot be used towards administrative costs or any other expenses outside student wages. Additionally, there are no direct fees associated with applying for or receiving this subsidy.

• Location: Available to businesses across Canada.
• Sectors: Open to all sectors.
• Minimum Employees: No minimum number of employees required.
• Maximum Employees: No maximum number of employees required.
• Minimum Company Revenue: No minimum revenue qualifications.
• Maximum Company Revenue: No maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications:

• Work placements must not be funded by other federal grants.

This program provides wage subsidies to help you enhance job readiness for students in post-secondary programs. You can receive up to 70% of wages, with a maximum of $7,000 per student. This is a great opportunity to offer work placements that last between 4 to 16 weeks.

The program supports internships that are related to the student’s field of study. You simply need to ensure that these placements are not supported by other federal grants, and maintain a safe, harassment-free work environment. This means you can invest in new talent while significantly reducing your labor costs.

By participating, you gain the chance to mentor students while adding fresh perspectives to your business. It's a win-win: you help students gain valuable experience and your business accesses financial support that keeps your costs down.