
Career-Ready with CTMA — Expanding Opportunities
At a glance
- Max. $15,000
- Up to 50% of project cost
- Open Date : August 25, 2021
- Manufacturing
Overview
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.
Financing terms and conditions
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.
Activities funded
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.
Eligibility
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.
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.
How to apply
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.
Define Job Role
- Identify a job title for the candidate’s placement.
- Create a detailed job description for the role.
Review Guidelines and Eligibility
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.
Submit Application
- Complete and submit the application through the contact provided – robin@ctma.com.
- Ensure all information is accurate and complete before submission.
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.
Additional information
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.
Contacts
Frequently Asked Questions about the Career-Ready with CTMA — Expanding Opportunities Program
What is the Career-Ready with CTMA — Expanding Opportunities?
How much funding can be received?
What expenses are eligible under Career-Ready with CTMA — Expanding Opportunities?
What is the deadline to apply?
Is the Career-Ready with CTMA — Expanding Opportunities a grant, loan, or tax credit?
Who are the financial supporters of the Career-Ready with CTMA — Expanding Opportunities?
Who is eligible for the Career-Ready with CTMA — Expanding Opportunities program?
Who can I contact for more information about the Career-Ready with CTMA — Expanding Opportunities?
Where is the Career-Ready with CTMA — Expanding Opportunities available?
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