Top Funding programs for hiring new graduates and training:
1-IRAP Youth Employment Program (YEP):
The program has been designed to assist funding of youth with no restrictions. It supports youth and recent graduates full-time employment with a wage subsidy. The grant provides up to $20k for the first year. Graduate can be applied to most areas from business development, technical to customer service/administration.
2-GEI and iSTEM:
GEI or iSTEM is a fund supported by government of Ontario for internship program for graduates in four fields of Science, Technology, Math & Engineering. Funds available from $10k for graduates with a Bachelor degree and $15k for Masters or PhD graduates for six month program.
3-Yves Landry
The Yves Landry program supports the adaptation of new technologies, processes or procedures. This funding supports training with the goal to develop highly skilled personnel in any area that leads to innovation or . Ideal projects may include the development of new engineering skills, training staff for new software, hardware or other tools for innovation, embracing new technologies or new manufacturing processes methods to increase the capacity or utilization of present equipment to build a competitive advantage.
4-Mitacs Accelerate
The main goal of the Mitacs Accelerate program is to link Master’s and Postdoctorate graduate to businesses and industries. The match fund is 50:50 which is capped to $7,500. The students should be involved in research and innovation projects facilitating to resolve technological challenges with the support of universities all across Canada.
If you want access to full list of grants and loans available to your business contact us.