The Information and Communications Technology Council (ICTC) is currently awaiting approval for another round of business funding grants for their highly successful ICTC Career Focus program. As mentioned in the Upcoming Grants for Small Business in Ontario blog, this program subsidizes wages for new graduates relating to IT work. The types of tasks the graduate would perform may include search engine optimization, software development, database creation and maintenance, building content and link building strategies. The program provides small business funding grants for 35% of the eligible participant’s salary, up to a maximum of $10,000 over a maximum period of 12 months. Some of the benefits of this program are listed below:
- Employers gain employees that are highly skilled
- Participants complete paid work experience
- Ideally, companies will retain the participant once the contract is complete
Government Funding For Business Successes
The Information and Communications Technology Council is not currently releasing applications for submission, however they will announce when they will be available to process applications, as early as June. During the program’s last funding cycle, ICTC helped place 255 unemployed or under-employed young graduates in information and communications technology roles within companies across Canada. Of these employed participants, approximately 80% were offered a permanent position with the company after the subsidy ended.
Next Steps for Canadian Business Grant Applications
For more information and support on Canadian business funding grants, please contact Mentor Works, the Canadian government funding experts. Additionally, if you would like to receive current updates on ICTC Career Focus and other Canadian government grants for small business, sign up for our Weekly Canadian Government Funding E-newsletter or follow us on Twitter.