The Workplace Innovation and Productivity Skills Incentive (WIPSI) is designed to help your business grow and innovate. This program offers funding for training your full-time employees, which can lead to improved productivity and new business directions. By participating, you can enhance your operations and compete more effectively outside Nova Scotia.

What You Get:

• Up to $100,000 in funding per fiscal year
• 100% coverage for the first $10,000 of eligible training costs for businesses with 50 or fewer employees
• 50% coverage for eligible training costs over $10,000

Eligible Training Includes:

• Information technology training
• Technical training
• Workflow systems and processes training

This funding can cover direct training costs and other expenses like travel and accommodation for persons with disabilities. Approval is straightforward, and the application process is designed to be user-friendly. Once approved, this program can significantly boost your business's growth and profitability.

Type of Financing: Grant

Repayment Terms and Interest Rates:

• There are no repayment terms or interest rates as this is a grant.

Eligible Expenses:

• Direct training costs
• Travel expenses (up to 50%)
• Accommodation costs for persons with disabilities (up to 100%)

Ineligible Expenses:

• Legislated or regulated mandatory training
• Training outside Nova Scotia, when similar training is offered in Nova Scotia
• Training supported by other government programs
• Training already supported by WIPSI
• Orientation training or onboarding
• Informal training and training by internal staff or trainers
• Training included with the purchase of equipment or new business processes
• Apprenticeship training
• Fees related to attending or hosting a conference
• Professional development necessary for an employee's current position (like professional qualifications or credentials)
• Consulting or coaching services about business operations, including assessments to determine the need for training

Fees:

• There are no fees associated with this program.

This program offers funding to help your business train full-time employees. The goal is to boost productivity and innovation, helping your business grow and compete outside Nova Scotia.

You can receive up to $100,000 in a fiscal year. For businesses with 50 or fewer employees, the first $10,000 of eligible training costs can be funded up to 100%. Costs over $10,000 can be funded up to 50%. For businesses with more than 50 employees, up to 50% of eligible training costs can be funded.

Eligible training includes:

• Information technology training
• Technical training
• Workflow systems and processes training
• Other training that benefits your business and isn't typically funded by other programs

The funding can also cover travel expenses (up to 50%) and accommodation costs for persons with disabilities (up to 100%).

This program is a great opportunity to invest in your employees' skills, helping your business move in a new direction or expand core operations. The funding agreement lasts up to 12 months, giving you a solid timeframe to implement and benefit from the training.

1. Register for a LaMPSS Account:

   • If you do not have a LaMPSS account, register by completing the LaMPSS External Access (Registration) Form and the Electronic Funds Transfer (Direct Deposit) Form.

2. Identify Training Needs:

   • Determine a clear business goal that the training will support.
   • Identify the tasks your employees need to perform to achieve this goal.
   • Detail the training activities that will help employees learn these tasks.

3. Prepare Documentation:

   • Business Information Form
   • Training Confirmation Form
   • Trainer Declaration Form
   • Trainee Declaration Form
   • Amendment Dates Form (if applicable)
   • Final Report Summary

4. Complete the Application:

   • Log in to your LaMPSS account.
   • Follow the WIPSI Program LaMPSS Application Instructions to complete your application.
   • Ensure all sections are filled out accurately and completely.

5. Submit the Application:

   • Submit your completed application through the LaMPSS system.
   • Ensure your application is received before the training start date.

6. Await Assessment:

   • The assessment process typically takes 15-30 business days.
   • Be prepared to provide additional information if requested.

7. Begin Training:

   • Once your application is submitted, you may begin training, understanding that approval is pending.

8. Monitor and Report:

   • Keep track of training progress.
   • Submit the Final Report Summary upon completion of the training.

By following these steps, you can apply for the program and potentially receive funding to improve productivity and innovation within your business.