How much funding can be received?

There is no informations about how much funding can be received.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the BDC Advisory Services — Human Resources?

BDC Advisory Services — Human Resources is funded by Business Development Bank of Canada (BDC), Government of Canada

BDC Advisory Services — Human Resources

Canada

Guidance to attract and retain qualified talent

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Expert Advice

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Business Development Bank of Canada (BDC)
Government of Canada

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Get advice on creating an HR structure and management process that will improve your recruitment and retention practices through practical guides, tools, coaching and support.

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Eligible activities for this grant include:

Hiring and retaining the right employees
Setting up recruiting and onboarding tools
Establishing an employee performance appreciation cycle
Supporting employees through change

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$55,000

Montreal

Creating a mentorship program to support employee development and retention

$50,000

Vancouver

Implementing a new employee performance evaluation system

$40,000

Ottawa

Launching an employee appreciation and recognition program

$75,000

Halifax

Setting up a recruitment and talent acquisition system for growth

$65,000

Toronto

Developing an effective employee onboarding and training program for new hires

$70,000

Calgary

Establishing a support system for employees undergoing organizational changes

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Must be a small to medium-sized Canadian business
Must be looking to optimize HR management functions

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There are eligible types of companies for this grant. The grant is targeted at businesses looking to optimize their HR management practices and attract and retain top talent. Eligible companies can benefit from structured approaches, practical guides, and coaching support.

Small and medium-sized enterprises (SMEs)
Companies seeking to improve their recruitment and onboarding processes
Organizations aiming to enhance employee performance and appreciation
Businesses interested in supporting their employees through change and growth

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There are certain types of companies that are not eligible for this grant:

Non-profit organizations
Government entities

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Yes, eligible expenses for this grant include:

Recruitment and onboarding tools
Employee appreciation programs
Performance objectives and tools
Change management support

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There are evaluation and selection criteria for this grant. The evaluation and selection criteria include:

Structured approach: A time-tested, action-oriented approach focused on helping you master the principles and best practices of performing HR management function.
Practical guides and tools: Defining roles and responsibilities, hiring and motivating your employees - a complete people strategy with tools to help your management practices.
Coaching and support: Impartial advice from consultants who provide co-development sessions and implementation support to help you effectively manage your talent.

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Step 1: Hire and retain the right employees
- Set up the recruiting and onboarding tools your company needs to attract top talent and ensure they are using their skills to deliver value, quickly.
Step 2: Establish an employee performance appreciation cycle
- Implement performance objectives and tools to help employees and their managers align on what it means to succeed.
Step 3: Support your employees through change
- Build a process that can help you be more proactive in anticipating the impacts of change, while creating a clear plan and communicating effectively.

Apply to this program

Grant Summary: HR Management Support Program

Detailed Explanation of the HR Management Support Program

The HR Management Support Program is designed to assist Canadian businesses in optimizing their human resources strategies. This program offers tailored guidance in hiring and retaining the right employees, setting up efficient recruitment processes, establishing performance appreciation cycles, and supporting employees through change. With a structured approach, practical guides, and coaching support from experienced consultants, this program aims to help businesses create a high-performance culture and attract top talent. By leveraging the expertise of the Business Development Bank of Canada (BDC), companies can enhance their HR management practices and drive sustainable growth. This program addresses the current challenges in the labor market by providing businesses with the tools and resources they need to build a strong team and maximize employee potential. The HR Management Support Program focuses on key aspects such as recruitment, onboarding, performance management, and change management, offering companies a comprehensive approach to human resources optimization. Through practical guides and tools, businesses can define roles, responsibilities, and performance objectives, leading to better alignment between employees and managers. The HR Management Support Program also emphasizes the importance of creating a supportive workplace culture that values employee development and growth. By implementing performance appreciation cycles and communication strategies, businesses can enhance employee engagement and motivation. The program's coaching and support services ensure that companies receive tailored advice and assistance in implementing best practices in HR management. Furthermore, the HR Management Support Program is designed to be accessible and flexible, allowing businesses of all sizes to benefit from the expertise of BDC consultants. Whether a company is looking to improve its recruitment processes, enhance employee performance, or navigate organizational changes, this program offers a customized approach to address specific needs and challenges. The goal is to help businesses build a skilled and motivated workforce that drives innovation and business success. In conclusion, the HR Management Support Program offered by the Business Development Bank of Canada is a valuable resource for Canadian businesses seeking to optimize their human resources strategies. By leveraging the program's structured approach, practical tools, and expert guidance, companies can enhance their HR management practices, attract top talent, and create a culture of excellence and growth. This program is a significant investment in the long-term success and sustainability of Canadian businesses.