Government Incentives for Hiring & Training Skilled Workers

Skilled trades are irrefutably important to the success and functionality of the multiple Canadian business sectors. Thus, the Canadian Government offers a significant amount of funding to hire and train apprentices in a recognized Ontario trade. Ontario Government Funding Benefits for Employers Employers who have been certified to train an apprentice in a specific trade…

Graduate Enterprise Internship Program for Hiring Graduates

Graduate Enterprise Internship Program for Hiring Graduates

FedDev is currently promoting their business funding grants for hiring new Science, Technology, Engineering, or Math (STEM) graduates. The program is called Graduate Enterprise Internship (GEI); however, some organizations more commonly refer to it as the iSTEM Program. The program provides funding for small business to provide wages and mentorship opportunities for young graduates in…

Business Start-up Funding – Ontario Self-Employment Benefit (OSEB)

Update: The Ontario Self-Employment Benefit (OSEB) was closed in 2016. View our Startup Resources page to find additional government funding programs for young startups. The Ontario Government has introduced a new program that is intended to assist job seeking Canadians who wish to start their own businesses. The program is called the Ontario Self-Employment Benefit…

Ontario Business Grants – Eastern Ontario Development Fund

The Eastern Ontario Development Fund was announced in 2008, as a four year program ending in March 2012, and is still accepting applications.  Previously, we profiled this fund in our July 2011 Blog and based on the near closing date, Mentor Works has researched the key eligibility factors and project criteria to contribute growth and…

Ontario’s Value-Added Personnel Program – OCE

Ontario Centres for Excellence – Talent Initiatives To foster training, Ontario graduate students in science, technology or engineering or post-doctoral fellows may enrol in the VAP certificate program. The purpose is to develop essential entrepreneurship and business skills to extend their technical expertise. VAP courses are delivered by business school faculty across Ontario as one and…

Machine, Tool, & Die Companies Receive Software Training Support

The Canadian Machine Tool Distributors Association (CMTDA) has resupplied the successful Advanced Software and Machine Training Fund to provide funding throughout 2011. The fund has received a $900,000 top-up to help Ontario’s machine, tool, die, and mould companies conduct training on software that will enhance their competitiveness. Eligibility Factors Applicants must be Ontario companies in…

Rural Development Fund – Community Futures

As part of the Government of Canada’s Economic Action Plan to mitigate the impacts of the economic downturn, FedDev Ontario has commissioned the Wellington Waterloo Community Futures Development Corporation (WWCFDC) to receive applications for the Community Futures Rural Development Fund. This is a two-year stimulus program providing $450,000 for the region in its initial year…