The regional development organization for Northern Ontario (FedNor) provides Canadian Government funding grants for small business to hire recent graduates and expand their workforce. The Youth Internship program is offered as a segment of the Northern Ontario Development Program (NODP) for accelerating the economic development of Northern Ontario Communities.
FedNor Youth Internship Program – Funding Details
The Youth Internship program provides Northern Ontario grant funding for small business to hire recent young graduates for integral positions related to their field of study. Funding conditions may depend on the size and type of organization and can be described as follows:
- Non-Profit Organizations (NPOs) can receive up to $27,500 or 90% of the salary and employee benefits for hiring recent post-secondary grads in a full-time position for up to 12 months.
- Small-Medium Sized Enterprises (SMEs) can apply for up to $27,500 or 50% of the salary, travel, training and employee benefits for hiring recent post-secondary grads in a full-time position for up to 12 months.
The intentions of the Youth Internship are to provide Canadian graduates with mentorship and professional skills development opportunities while strengthening the size and integrity of the Northern Ontario workforce.
FedNor Youth Internship Program – Eligible Candidates
Organizations looking to hire recent graduates through this program must be located in Northern Ontario and able to demonstrate their intentions to mentor and provide future employment opportunities for the candidate after the 12-month internship is completed. Eligible candidates must be under the age of 30 and have received a degree, diploma, or program certificate from a recognized post-secondary institution within the past 3 years.
Canadian Government Funding Information and Support
Mentor Works Ltd. provides Canadian businesses with expert advice and support for developing a comprehensive plan for business development supported by Canadian Government Grants for Small Business. To inquire about our service offerings and government program details, please contact one of our Canadian Government Funding Experts and make sure to subscribe to our Canadian Government Funding Newsletter for weekly summary reports of the latest news and updates regarding funding for small business.