Career-Ready with CTMA — Expanding Opportunities
ON, Canada
Funding for experiential learning opportunities in Ontario
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateAugust 25, 2021
grant_single|financingType
Wage Subsidies And Interns
grant_single|eligibleIndustries
- Manufacturing
grant_single|grantors
- Canadian Tooling & Machining Association (CTMA)
grant_single|status
grant_card_status|open
grant_single_labels|preview
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 supports the subsidization of wages for new hires or the upskilling of existing employees, provided certain criteria are met.
- Hiring new candidates for work placements
- Upskilling existing employees
grant_single|admissibleProjectsExample
$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
grant_single_labels|admissibility
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.
grant_eligibility_criteria|zone
The grant covers expenses directly related to hiring and training placements under specific conditions.
- Wages for new hires or upskilling of existing employees, subsidized up to 50% of wages paid.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Identify a Candidate
- If you need a candidate, contact Robert Cattle at rcattle@ctma.com or 416-301-6224 to find suitable candidates.
- If you already have a candidate, ensure they meet the program’s eligibility criteria.
- Step 2: Define Job Role
- Identify a job title for the candidate’s placement.
- Create a detailed job description for the role.
- Step 3: Review Guidelines and Eligibility
- Access and review the employer guidelines and eligibility criteria.
- Step 4: Prepare Application
- Contact robin@ctma.com or 613-229-1669 to express interest in the program and obtain application materials if needed.
- Gather all necessary details and documents about the candidate and job role.
- Step 5: Submit Application
- Complete and submit the application through the contact provided – robin@ctma.com.
- Ensure all information is accurate and complete before submission.
- Step 6: Confirmation and Follow-Up
- Await confirmation from the program regarding the status of your submission.
- Be prepared for potential follow-up requests for additional information or supporting documents.
grant_single_labels|otherInfo
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.
grant_single_labels|contact
robin@ctma.com
416-301-6224
Apply to this program
Unlock Wage Subsidies with Career-Ready with CTMA
The Career-Ready with CTMA: Expanding Opportunities program offers non-repayable grants for employers to assist with employee wages, facilitating both new hires and the upskilling of current employees. Employers may receive up to $15,000 for three placements, supporting workforce development and opening doors to permanent employment.
Dive Deep into the Career-Ready with CTMA Program
The Career-Ready with CTMA: Expanding Opportunities program is an exceptional initiative aimed at aiding employers in the manufacturing and technology sectors in Canada. By providing wage subsidies, the program reduces the financial overhead associated with hiring and training new staff or enhancing the skills of existing employees. With a specific focus on facilitating up to twelve placements per employer, the program is particularly advantageous for businesses seeking to expand their workforce efficiently and cost-effectively.
Funding through this program is designed to cover 50% of the wages paid to eligible candidates, significantly lightening the financial load for participating companies. Depending on the number of placements, employers can receive from $5,000 up to a maximum of $15,000, reflecting flexibility and scalability according to the firm’s hiring capacity and needs.
To unlock these benefits, companies must enter the program with a suitable candidate in mind, inclusive of a designated job title and accompanying job specifications. The program encourages thorough planning and candidate identification prior to application. For employers whose recruitment efforts need bolstering, the program offers assistance in locating suitable talent through designated contacts.
A unique feature of Career-Ready with CTMA is the structured approach to skill development via Technical Learning Outcomes. These outcomes ensure that trainees receive industry-relevant education that not only enhances their current skill set but assures employers of a trained and competent workforce ready to meet industry demands.
Throughout the placement, employers are required to offer at least minimum wage, thereby assuring fair compensation even with the wage subsidy. Furthermore, the program opens pathways for temporary placements to transition into full-time employment based on performance, offering businesses and employees alike the chance at longer-term engagement.
The streamlined application process is complemented by continuous support, providing a robust framework to help businesses succeed. Monitoring visits during training placements are pivotal, as they ensure compliance with program requirements and optimize the growth journeys of both employers and employees.
Overall, Career-Ready with CTMA: Expanding Opportunities presents a win-win scenario for Canada's manufacturing and technology landscape, creating a catalyst for economic growth by bridging the gap between industry needs and skilled workforce availability. By tapping into this program, employers not only gain financial relief but contribute significantly to the country's economic ecosystem through talent enhancement and retention strategies.