Unemployment, especially among youth, remains an area of great concern for the federal government. The Youth Employment Strategy is the Government of Canada’s pledge to get Canadian youth working by helping them overcome barriers to gaining employment and transition from post-secondary education into the labour market. Since 2006, the Youth Employment Strategy (YES) has helped more than 555,000 young people; and in 2014 the Government of Canada is supporting another 3,000 internships in high-demand fields, and 1,000 in small to mid-sized businesses across the country.
For a limited time the Government of Canada is offering a very generous incentive to companies that are planning to bring on 8 or more hires within a short period of time this year.
Canadian Government Grants for Hiring Amount: $20,000 per Employee
As a part of the Youth Employment Strategy the federal government will provide eligible companies with up to $20 per hour in funding per employee to a maximum of $20,000 in Canadian government grants each. The minimum number of employees hired under the program is 8, meaning each successful applicant company can receive $160,000 or more in non-repayable government grants.
Note: The program will not fund 100% of wages. Expect to pay $2-$3 per hour towards the salary of each employee hired under the program.
Types of Projects/ Positions Eligible for Grants for Canadian Small Businesses
Any new position that will give a recent graduate valuable, relevant work experience to their post-secondary specialization is eligible for funding through this Canadian small business grant program. The position should include a digital skills element, such as the use of desktop and mobile applications to streamline their job.
Canada Small Business Grants: Employee Eligibility
In order to qualify for this Canada small business grant opportunity, candidates must be under the age of 30 years old and be Canadian citizens, permanent residents of Canada, or have had received refugee status in Canada. Candidates must not yet be on payroll in order to qualify. The internships must last from between 25-50 weeks.
Canada Small Business Grants for Hiring Application Process
Application submission response takes roughly 4-6 weeks. You do not need the resume of the candidate to apply.
Get started on your application today by clicking on “Get Started.” A Canadian government funding expert will contact you shortly. We will need the following information in order to advise you on your business’ fit for the program:
- Job Description(s)
- Intended Start Date
- Intended Wage
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