The Canadian steel industry is an important part of the country’s modern economy; continually supplying a number of growing industries within our nation, such as advanced manufacturing in and industrial services.
Canadian Business Grants for Hiring in the Steel Industry
The Canadian Steel Trade and Employment Congress (CSTEC) is offering Canadian small business grants for hiring through the Youth Career Focus Program. The program is funded through the Youth Employment Program (YEP) which is managed by Human Resources and Skills Development Canada (HRSDC). Canadian government grants are still available through this program with the deadline for placements in December 2013.
Government Small Business Grants Amount
The Youth Career Focus Program provides up to $15,000 in financial support through government small business grants to cover hiring costs of eligible employees.
CSTEC Career Focus Canadian Government Small Business Grants –Employee Eligibility
In order to qualify for small business government grants through the CSTEC Career Focus Program, applicants must fit the following criteria:
- Recent graduate of a Canadian post-secondary institution,
- Between the ages of 15 – 30,
- A new hire,
- Placement must be a minimum of 16 weeks,
- Job is classified as a “high demand job” within the manufacturing sector,
- Company attests that they would not hire this person at this time without the assistance of this funding,
- Applicants must be a Canadian citizen or permanent resident of Canada.
Additional Small Business Grants Canada Information:
- 1:1 Contribution from the employer is required,
- Candidates with international post-secondary diplomas do not qualify
- Expect the process to take approximately 3-4 business days
- Reimbursement will remitted quarterly upon receipt of payroll records
Canadian Small Business Grants Employer Eligibility
In order to be eligible for the CSTEC Career Focus government small business grants program employers must meet the following requirements:
- Be willing to provide full time work to eligible employees (at least 30 hours per week for a minimum of 4 months),
- Agree to share employment details of eligible new hires (such as start date, contract, wages, benefits) with CSTEC,
- Provide new hires with a formal learning plan before the start of the placement.
Employers meeting the above requirements are urged to contact a Canadian government funding planner to start the application process as soon as possible in order to avoid disappointment.
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