Workforce Training and Employment — Wage Subsidy
Highlights
This program is designed for businesses like yours to help you meet your workforce needs and ensure you have a skilled team. By partnering with Training and Employment Services, you can access a range of support to address current and future labor market demands.
Why Apply?
- Financial Support: Get funding to assist with labor force development, including pre-employment preparation, job-specific skills training, and on-site training.
- Skilled Workforce: Ensure the availability of a skilled workforce tailored to your industry needs.
- Strategic Training Plans: Develop industry-wide strategic training plans to stay ahead in your field.
What's in it for You?
- Easy Qualification: The program is designed to be accessible, making it straightforward for your business to qualify.
- Comprehensive Services: Benefit from employment plan development, case management, employment counseling, and more.
- Community Support: Partner with local industry groups and community organizations to address specific skills shortages.
By being approved for this program, you can secure a sustainable workforce, enhance your business operations, and contribute to the economic development of your community.
Financing Details
Type of Financing: Wage Subsidy
Repayment Terms and Interest Rates:
- No repayment is required as this is a subsidy, not a loan.
- There are no interest rates associated with this subsidy.
Eligible Expenses:
- Wages for new hires.
- Training costs for new and existing employees.
- Costs related to employee retention programs.
Use of Funds:
- Funds cannot be used for capital expenditures, such as purchasing equipment or property.
- Funds cannot be used for operational costs unrelated to wages or training.
Fees:
- There are no fees associated with applying for or receiving this subsidy.
Qualifications
- Must be a business located in Manitoba.
- Must be an employer or part of a community, industry, or employer group.
- Must be addressing current and future labour market needs.
- Must be involved in the development of industry-specific training.
- Must be willing to support the availability of a skilled workforce.
- Must be able to assist workers who are about to lose their jobs.
- Must support the development of industry-wide strategic training plans.
- Must be able to provide labour market information.
- Must help communities address their specific skills shortages.
Must be willing to partner with Training and Employment Services.
Disqualifications:
- Businesses not located in Manitoba.
- Businesses not involved in addressing labour market needs.
- Businesses unwilling to support workforce development initiatives.
Description
This program offers funding to help your business grow and meet its workforce needs. You can receive financial support to develop industry-specific training, ensure a skilled workforce, and assist workers who might lose their jobs.
You can use the funds for:
- Pre-employment preparation
- Job-specific skills training
- On-site (hands-on) training
The program also provides financial support to private, public, and community sector organizations. This can help address labor market development, workforce adjustment issues, and labor force development.
Why this is beneficial for your business:
- Access to skilled workers: Ensure you have a workforce ready to meet your business needs.
- Financial support: Reduce the financial burden of training and workforce development.
- Sustainable employment: Help eligible unemployed individuals gain long-term employment, benefiting both your business and the community.
This program is a great opportunity to strengthen your business and support your workforce.
Program Steps
Gather Required Documentation: Prepare the necessary documents for your application. These typically include:
- Business registration documents
- Financial statements (e.g., balance sheets, income statements)
- Business plan
- Details of intended use of funds (e.g., quotes for equipment or training costs)
Complete the Application Form: Fill out the application form provided by the program. Ensure all sections are completed accurately.
Contact Your Local Manitoba Jobs and Skills Development Centre: Reach out to the nearest centre for assistance and to identify eligible candidates if needed.
Submit the Application: Submit your completed application form and all required documentation to the appropriate office or online portal.
Review and Follow-Up: After submission, monitor the status of your application. Be prepared to provide additional information or clarification if requested.
Approval and Agreement: If your application is approved, review the terms and conditions of the agreement. Ensure you understand all obligations and benefits.
Implement the Program: Once approved, use the funds as outlined in your application to support your business needs, such as training, equipment purchase, or workforce development.
Report on Progress: Regularly report on the progress and outcomes as required by the program guidelines. This may include financial reports or updates on the use of funds.