How much funding can be received?

Funds up to 50% of admissible expenses, capped at $15000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Career-Ready with CTMA — Expanding Opportunities?

Career-Ready with CTMA — Expanding Opportunities is funded by Canadian Tooling & Machining Association (CTMA)

What are Career-Ready with CTMA — Expanding Opportunities's eligibility criterias?

Employers must have a candidate before applying and have identified a job title with a corresponding job description. Employers must follow a list of industry-specific Technical Learning Outcomes (TLOs) and permit monitoring visits during the work placements. Employers must pay each candidate an hourly rate of at least minimum wage for the duration of the work placement.

Career-Ready with CTMA — Expanding Opportunities

grant_single|update February 28, 2025

ON, Canada

Funding for experiential learning opportunities in Ontario

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grant_single|openingDate August 25, 2021

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Wage Subsidies And Interns

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Manufacturing

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Canadian Tooling & Machining Association (CTMA)

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If your licensed company is part of Ontario's precision metalworking sector, you could get a nonrepayable contribution of up to $5000 per placement to help subsidize the wages of new hires or the upskilling of existing employees.

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This grant offers support to employers by subsidizing wages for new hires or upskilling existing employees. The program provides a structured financial model to aid eligible employers in managing costs associated with work placements.

Non-repayable contributions covering 50% of wages.
Funding capped at $5,000 for a single placement.
Maximum funding of $10,000 available for two placements.
Up to $15,000 in support for employing three candidates.
Option to receive funding for up to 12 candidates in total.
Employers are required to pay at least the minimum wage to candidates during the work placement.

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The Career-Ready with CTMA: Expanding Opportunities program focuses on providing funding for employers to either hire new employees or upskill existing ones through work placements. The activities eligible under this program aim to support wage subsidies during these placements.

Subsidizing wages for hiring new employees for work placements.
Subsidizing training costs for the upskilling of existing employees during work placements.

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$ 15,000

Subsidizing wages for existing employees obtaining advanced welding certifications

$ 10,000

Hiring and training two new apprentices in precision metalworking

$ 10,000

Implementing a CNC machine operator training program for employees

$ 11,000

Training employees on the latest CAD/CAM software for enhanced manufacturing processes

$ 12,500

Developing a precision grinding skill enhancement program for employees

$ 9,000

Onboarding and training of new hires for precision assembly line work

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The eligibility criteria for employers interested in the Career-Ready with CTMA: Expanding Opportunities program are outlined below:

Employers must have a candidate ready before applying for the grant.
Employers should have identified a job title and an associated job description for the candidate.
Employers are required to follow industry-specific Technical Learning Outcomes (TLOs) during the work placements.
Employers must allow monitoring visits during the work placements.
Each candidate must be paid at least the minimum wage for the duration of the work placement.

grant_eligibility_criteria|eligible_expenses

The program focuses on providing financial support to employers for hiring and training purposes, aiming to enhance workforce capabilities. Eligible activities are centered around subsidizing wages for new hires or upskilling existing employees according to certain criteria.

Subsidizing wages for new hires who meet the program's eligibility criteria.
Upskilling existing employees to enhance their current roles.

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The Career-Ready with CTMA: Expanding Opportunities program aims to support employers with wage subsidies for hiring and upskilling new or existing employees, providing significant financial assistance based on various criteria.

Eligible employers can receive up to $15,000 for three placements.
Employers can get funding for up to 12 candidates.
Must pay at least minimum wage for the duration of the work placement.
Employers need to have identified a job title with a corresponding job description.
TLOs must be followed, and employers must permit monitoring visits.
Successful placement completion may lead to permanent employment offers.