Graduate Mentorship Program — For Employers
PE, Canada
Get a wage subsidy to hire post-secondary graduates
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateSeptember 27, 2023
grant_single|financingType
Wage Subsidies And Interns
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Government of Prince Edward Island
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get a subsidy when you hire a post-secondary graduate who may not possess the requisite work experience required for the role, for a duration of 52 weeks.
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This program is aimed at employers within Prince Edward Island (PEI) as the funding agreement is through the Canada-PEI labour market agreements. Only businesses operating within this province may be considered for the Graduate Mentorship Program.
- Companies located in Prince Edward Island (PEI), Canada.
grant_single|admissibleProjectsExample
$44,000
Onboarding a graphic design graduate for a branding project in an emerging business
$40,000
Engaging a culinary arts graduate to develop new menu items at a dining cooperative
$38,000
Contracting a marketing graduate for a new campaign in a non-profit
$52,000
Hiring a University of Toronto graduate to develop an app at a tech startup
$48,000
Recruiting an accounting graduate for financial management support in a partnership
$56,000
Employing an environmental science graduate for research in a local cooperative
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements for employers looking to participate in the Graduate Mentorship Program.
- Registered private sector businesses.
- Organizations.
- Municipalities.
- Band/tribal councils.
- Public health and educational institutions.
grant_eligibility_criteria|who_can_apply
Eligible employers include registered private sector businesses, organizations, municipalities, band/tribal councils, and public health and educational institutions. Eligible employees must be unemployed recent graduates within the last five years, seeking full-time employment, and legally authorized to work in Canada as citizens or permanent residents.
grant_eligibility_criteria|who_cannot_apply
Some types of companies are not eligible for this grant. These include:
- Financial institutions
- Gambling establishments
- Illegal businesses
grant_eligibility_criteria|eligible_expenses
The Graduate Mentorship Program supports employment opportunities specifically designed to assist unemployed recent graduates in gaining industry-relevant experience. Activities eligible for this grant must focus on providing mentorship and developing practical skills for new graduates.
- Creation and execution of a detailed mentorship plan for a new graduate, including ongoing feedback and training opportunities.
- Development and detailing of a comprehensive job description that aligns with the graduate's field of study and includes timelines for training activities.
- Formulation of a sustainability plan to retain the graduate after the subsidy period ends.
grant_eligibility_criteria|zone
The grant covers subsidized wages for new employees under the Graduate Mentorship Program.
- Subsidy of 50% of new employee wages, up to a maximum of $10.00 per hour.
grant_single_labels|criteria
There are evaluation and selection criteria for this grant.
- Relevance of the project to the grant objectives
- Feasibility and potential impact of the project
- Budget justification and financial need
- Past performance and experience of the applicant
- Clear and well-defined project plan
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Complete Application Form
- Fill out the "Graduate Mentorship Application for Employers" form with the required information.
- Step 2: Prepare Supporting Documents
- Create a detailed job description including job duties, education requirements, and timelines for training activities for the new employee.
- Develop a detailed mentorship plan specifying the name and position of the mentor, feedback process, training opportunities, and the potential benefits for the graduate.
- Describe the business or company profile and the location of the activity.
- Formulate a sustainability plan to maintain the new employee after the subsidy period.
- Step 3: Submit Application and Documents
- Email the completed application form and all supporting documents to skillspei@gov.pe.ca.
- Alternatively, drop off the application and documents at your local SkillsPEI office.
- Step 4: Wait for Application Review
- SkillsPEI will review the application upon submission.
- A Program Officer will contact you within a few days to discuss your application.
- Step 5: Approval Confirmation
- Await confirmation from SkillsPEI that your application has been approved.
- Ensure not to start employment of the new employee before receiving approval.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The wage subsidy provided by SkillsPEI covers up to 50% of the wages, with a maximum limit of $10.00 per hour during the training period.
- The Employer is responsible for covering mandatory employment-related costs, including CPP, EI, and ensuring proper Worker’s Compensation coverage for the participant.
- Once confirmed approval for the Graduate Mentorship Program is received, employment can commence; employment should not begin prior to approval to qualify for the subsidy.
- There is no specific deadline for applications as they are accepted on an ongoing basis.
- The wage rate paid to the participant must be suitable for the targeted occupation and will be assessed with reference to relevant sources such as the National Occupation Profiles and Job Bank for PEI wages.
grant_single_labels|contact
skillspei@gov.pe.ca
1-877-491-4766
Apply to this program
Enhancing Career Pathways through Graduate Mentorship
The Graduate Mentorship Program offers substantial support to employers looking to create sustainable job opportunities for young graduates, facilitating their transition into the workforce. Through this initiative, employers receive wage subsidies, enabling them to mentor and train new graduates effectively, resulting in a productive and competent workforce addition.
In-Depth Insight into the Graduate Mentorship Program and Its Benefits
The Graduate Mentorship Program is a strategic initiative aimed at bridging the gap between academic attainment and practical work experience among recent graduates. By providing a framework where employers can mentor these young professionals, the program seeks to enhance their on-the-job skills and ensure their smooth transition into the labor market. Participating employers receive a 50% wage subsidy for up to 52 weeks, significantly reducing the financial burden of onboarding and training new talent.
This program is particularly advantageous because it not only addresses youth unemployment but also enhances the business landscape by infusing it with fresh talent and new perspectives. Employers from various sectors—including private businesses, public organizations, municipalities, and tribal councils—can apply, making it possible to create diverse work environments where innovation and new ideas can flourish. Such environments not only benefit the new graduates but also invigorate the overall workforce dynamics, making companies more adaptive and resilient.
Additionally, this initiative emphasizes mentorship, which is crucial for ensuring that graduates can harness their academic learning into practical scenarios efficiently. Employers are encouraged to design detailed mentorship plans that outline training activities, feedback mechanisms, and developmental opportunities. By doing so, the program not only aids in graduate employment but also in skill development, ensuring that graduates remain competitive and valuable contributors to their respective industries.
Participating employers are tasked with preparing comprehensive job descriptions and sustainable plans, detailing how they intend to keep the new hires after the subsidy ends. This sustainability aspect ensures that the collaboration fosters long-term employment rather than temporary fixes, thus contributing to both employee satisfaction and organizational growth.
Furthermore, this program aligns wage subsidies with market standards to ensure fairness and attractiveness to both parties. Employers receive funding support but are still required to cover the mandatory employment-related costs such as CPP and EI, fostering a commitment towards the holistic integration of the new employees into the workplace.
Overall, the Graduate Mentorship Program acts as a catalyst for economic growth by effectively addressing critical issues such as labor market entry barriers for graduates and skill shortages among employers. It encourages the development of work-ready graduates, while simultaneously providing employers with motivated individuals ready to contribute to business objectives. Through this initiative, the government ensures that the local workforce is continuously rejuvenated with qualified individuals eager to make their mark, fostering an ecosystem of continuous learning and professional development.
