Working NB Employers
Highlights
This program is designed for businesses like yours, offering valuable support to help you grow and manage your team effectively. Why should you apply? Because it provides comprehensive assistance in recruitment, retention, and human resources management, tailored to meet your specific needs.
What You Get
- Recruitment Supports: Find the right talent for your team.
- Retention Supports: Keep your valuable employees engaged and satisfied.
- Virtual Recruitment Events: Access to a platform with upcoming recruitment events.
- Human Resources Tools: Assistance in creating and managing HR policies.
- Retirees: Connect with retirees looking for short-term employment.
The key advantage of this program is its holistic approach, addressing multiple aspects of workforce management. Approval is straightforward, making it easier for you to access these benefits and improve your business operations.
Financing Details
Type of Financing: Grant
Repayment Terms:
- No repayment required.
- No interest rates applicable.
Eligible Expenses:
- Employee wages and benefits.
- Training and development programs.
- Recruitment costs.
- Equipment and technology purchases.
- Marketing and promotional activities.
Ineligible Expenses:
- Personal expenses.
- Debt repayment.
- Real estate purchases.
- Legal fees unrelated to the program.
Fees:
- No application fees.
- No administrative fees.
Qualifications
- Must be an employer.
- Must be located in New Brunswick.
Must be seeking assistance with recruitment, retention, or human resources.
Disqualifications:
- None mentioned.
Description
This program offers your business up to $1,000,000 in funding. You can use this money to hire new employees, train your current staff, or improve your workplace.
Here’s what you can do with the funds:
- Recruitment: Find and hire the right talent for your team.
- Retention: Keep your best employees by offering them better training and benefits.
- Workplace Improvements: Enhance your work environment to make it more efficient and welcoming.
The money you receive does not need to be paid back, as long as you use it for these specific purposes. This is a great opportunity to grow your business without the stress of a loan.
Take advantage of this program to strengthen your team and improve your business operations.
Program Steps
Gather Required Documentation:
- Business registration details
- Financial statements (last two years)
- Business plan
- Proof of address
- Tax returns (last two years)
- Identification documents for business owners
Complete the Application Form:
- Fill out the online or paper application form provided by the program.
- Ensure all sections are completed accurately.
Prepare a Detailed Business Plan:
- Include your business goals, strategies, and financial projections.
- Highlight how the program will benefit your business.
Submit the Application:
- Attach all required documentation.
- Submit the completed application form through the designated submission portal or mail.
Follow Up:
- Confirm receipt of your application.
- Monitor your email or postal mail for any additional requests or updates.
Attend an Interview or Consultation (if required):
- Be prepared to discuss your application and business plan in detail.
- Provide any additional information or clarification requested.
Review and Sign Agreement:
- If approved, carefully review the terms and conditions of the program.
- Sign the agreement and return it as instructed.
Receive Funding or Support:
- Once all agreements are signed, receive the funding or support as outlined.
- Use the resources as specified in your business plan.
Report Progress:
- Regularly update the program administrators on your business progress.
- Submit any required reports or documentation as per the program guidelines.