Industrial Research Assistance Program (IRAP) — Youth Employment Program (YEP)
Canada
Money to hire a student
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Wage Subsidies And Interns
grant_single|eligibleIndustries
- Professional, scientific and technical services
grant_single|grantors
- National Research Council Canada (NRC)
- Government of Canada
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get financial assistance to help cover the cost of hiring a post-secondary graduate (15 to 30 years old) for 6 to 12 months to work on projects with R&D, engineering, multimedia or market analysis components or the development of a new product or process.
grant_single_labels|projects
Eligible projects and activities for this grant include those that involve R&D, engineering, multimedia, market analysis, and development of new products or processes, as well as business development activities related to science and technology.
- Advance research and development, engineering, and multimedia activities
- Develop new products and processes
- Conduct market analyses for new technology-based products
- Support business development related to science and technology activities
- Improve customer services
grant_single|admissibleProjectsExample
$30,000
Montreal
Conducting R&D for sustainable packaging solutions's food industry.
$25,000
Vancouver
Creating an interactive multimedia exhibit about Indigenous cultures.
$20,000
Ottawa
Developing an AI-driven market analysis tool for small businesses.
$30,000
Calgary
Developing a new mobile app for virtual health consultations.
$25,000
Toronto
Improving customer service systems for an IT service provider.
$22,000
Hamilton
Designing a new process for recycling electronic waste.
grant_single_labels|admissibility
The Youth Employment Program, part of the NRC IRAP, provides financial assistance to small or medium-sized businesses in Canada to hire young talent for innovation-related projects. Eligible youth must be post-secondary graduates and first-time participants in a Youth Employment and Skills Strategy work experience program.
- The business must be a small or medium-sized enterprise with 500 or fewer full-time equivalents.
- The business must be incorporated and for-profit.
- The business must be ready to enhance its innovation capacity and willing to partner with NRC IRAP.
- The youth candidate must be aged 15 to 30 at the start of the internship.
- The youth candidate must be a post-secondary graduate.
- The youth candidate must be a Canadian citizen, permanent resident, or person granted refugee status in Canada.
- The youth candidate must be legally entitled to work according to the relevant provincial legislation and regulations.
- The youth candidate must be a first-time participant in a Youth Employment and Skills Strategy work experience program targeted at post-secondary graduates.
grant_eligibility_criteria|who_can_apply
The National Research Council of Canada's Industrial Research Assistance Program (NRC IRAP) provides financial assistance to small or medium-sized businesses (SMEs) for hiring young talent under the Youth Employment Program. Eligible companies must enhance their innovation capacity and partner with NRC IRAP to receive support.
- Small or medium-sized business with 500 or fewer full-time equivalents
- Incorporated and for-profit
- Willing to partner with NRC IRAP
- Looking to enhance innovation capacity
grant_eligibility_criteria|who_cannot_apply
There are no specific types of companies mentioned in the grant context that are not eligible for the grant.
grant_eligibility_criteria|eligible_expenses
The Youth Employment Program provides financial assistance to offset a portion of the salary costs for hiring young talent, while the businesses remain responsible for other expenses such as benefits and overhead costs.
- A portion of the youth candidate's salary costs
grant_eligibility_criteria|zone
The Youth Employment Program described in the context applies to small and medium-sized businesses located anywhere in Canada. It is designed to assist Canadian businesses that are incorporated and for-profit.
- Small or medium-sized business (fewer than 500 full-time equivalents)
- Incorporated and for-profit
- Located in Canada
grant_single_labels|criteria
The Youth Employment Program delivered by NRC IRAP supports small and medium-sized businesses in hiring young talent by providing financial assistance. The selection criteria focus on the eligibility of both the businesses and the youth candidates to ensure they meet specific requirements.
- The business must be a small or medium-sized enterprise with 500 or fewer full-time equivalents.
- The business must be incorporated and for-profit.
- The business must be ready to enhance its innovation capacity and willing to partner with NRC IRAP.
- The youth candidate must be aged 15 to 30 years at the start of the internship.
- The youth candidate must be a post-secondary graduate.
- The youth candidate must be a Canadian citizen, permanent resident, or person granted refugee status in Canada.
- The youth candidate must be legally entitled to work according to relevant provincial legislation and regulations.
- The youth candidate must be a first-time participant in a Youth Employment and Skills Strategy work experience program targeted at post-secondary graduates.
- The internship must last a minimum of 6 months and a maximum of 12 months with a minimum of 30 working hours per week.
grant_single_labels|register
- Step 1: Call Toll-Free to Discuss Eligibility - Call 1-877-994-4727 to discuss your business's eligibility, objectives, and capacity for innovation.
- Step 2: Consult with an Industrial Technology Advisor - If eligible, an industrial technology advisor (ITA) may meet with you to further understand your business strategy and growth opportunities and determine if the program suits your business needs.
- Step 3: Develop a Project Proposal - Work with the ITA to create a project proposal for submission to NRC IRAP.
- Step 4: Find a Youth Candidate - Utilize the ITA's networks to help find a suitable youth candidate for the internship.
- Step 5: Await Project Approval - NRC IRAP will review your proposal and inform you within two weeks whether it was approved.
- Step 6: Submit Monthly Reimbursement Claims - Once approved, submit monthly reimbursement claims to NRC IRAP to cover a portion of the youth candidate's salary costs.
grant_single_labels|otherInfo
This grant program, managed by the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP), prioritizes supporting small and medium-sized businesses in enhancing their innovation capabilities. It also seeks to provide valuable work experience for young Canadians transitioning into the workforce.
- Businesses must be willing to establish a partnership with NRC IRAP.
- Internships last between 6 to 12 months and require a minimum of 30 working hours per week for the youth.
- The program is part of the federal government's Youth Employment and Skills Strategy.
- Companies must submit monthly reimbursement claims to NRC IRAP after project approval.
- The program only cost-shares a portion of salary costs, leaving other expenses to the company.
grant_single_labels|contact
1-877-994-4727
Apply to this program
Youth Employment Program by NRC IRAP
The Youth Employment Program by the National Research Council of Canada (NRC) Industrial Research Assistance Program (IRAP) provides financial support to small and medium-sized enterprises (SMEs) to hire young talent, contributing to innovation through roles in research and development, engineering, multimedia, or market analysis. This initiative is part of the federal government's Youth Employment and Skills Strategy aiming to assist Canadian youth in attaining meaningful work experience and enhancing their career prospects.
Exploring the Youth Employment Program by NRC IRAP
The Youth Employment Program by the National Research Council of Canada’s Industrial Research Assistance Program (NRC IRAP) is a noteworthy initiative designed to foster innovation within small and medium-sized businesses in Canada. This program not only supports enterprises in integrating fresh talent to invigorate their teams but also addresses the rising need for employment among Canadian youth. Below, you’ll find an in-depth exploration of this program, its advantages, eligibility requirements, and the potential impacts it can have on both businesses and young professionals.
Overview of the Youth Employment Program
The NRC IRAP Youth Employment Program stands as a hallmark of Canada’s commitment to supporting its youth and businesses through innovation. By connecting post-secondary graduates with SMEs, the program aims to create a win-win situation where companies benefit from new ideas and energy while young professionals gain valuable experience and access to meaningful employment opportunities. This initiative is part of the broader Youth Employment and Skills Strategy by the federal government, which aspires to provide Canadian youth aged 15 to 30 with the necessary tools and opportunities to develop their careers. This includes providing high-quality job experiences, skill development, and helping them navigate the competitive landscape of today’s job market.
The Value to Canadian Businesses
For small and medium-sized enterprises (SMEs), innovation is a pathway to growth and competitiveness. However, many SMEs face resource constraints, making it challenging to dedicate time and finances towards novel projects. This is where the Youth Employment Program becomes particularly advantageous. It offers financial assistance to SMEs to alleviate the costs associated with hiring and training young talent. Through this program, businesses are encouraged to bring in young professionals to work on business, technical, or technology-related projects. This influx of fresh minds can help: - **Advance research and development:** Young hires can work on cutting-edge projects, providing new insights into complex technological challenges. - **Develop new products and processes:** With the aid of enthusiastic and skilled young workers, businesses can develop innovative products or refine their processes, enhancing efficiency and output. - **Conduct market analyses:** Young talent can contribute by conducting market research or analyzing emerging technology trends, aiding strategic business decisions. - **Support business development:** New hires can actively participate in activities related to expanding the company’s technological or scientific endeavors. - **Enhance customer service:** Every new employee brings unique perspectives that can improve interaction with clients, potentially increasing customer satisfaction and loyalty.
Eligibility Criteria for Businesses
To qualify for the Youth Employment Program, businesses must meet the following criteria: - Be a Canadian-incorporated for-profit small or medium-sized business with 500 or fewer full-time employees. - Be willing and ready to enhance their innovation capacities. - Be prepared to engage in a collaborative relationship with NRC IRAP.
Eligibility Criteria for Youth Candidates
The program targets young individuals who meet specific criteria: - Must be aged between 15 and 30 years at the start of the internship. - Should be post-secondary graduates, ensuring they’ve developed certain academic or technical skills that can be applied in a business setting. - Must be Canadian citizens, permanent residents, or individuals with refugee status in Canada. - Should be legally entitled to work in accordance with applicable provincial legislation and regulations. - Must be first-time participants in a Youth Employment and Skills Strategy work experience program aimed at post-secondary graduates. - The internship should last between 6 to 12 months, requiring at least 30 working hours per week.
Accessing the Program
To leverage this opportunity, businesses need to undergo several steps: 1. **Initial Contact:** Companies should contact NRC IRAP via their toll-free number to discuss business objectives and verify eligibility. 2. **Discussion with an ITA:** An Industrial Technology Advisor (ITA) may meet with you to understand your business strategy, challenges, opportunities, and future plans to ascertain if the program is suitable for you. 3. **Proposal Development:** If your development strategies align well with NRC IRAP, the ITA will assist in preparing a robust project proposal. 4. **Finding Candidates:** ITAs can help businesses connect with networks to identify the right young candidates. Once a proposal is approved, businesses need to submit monthly reimbursement claims. It's important to note that the program subsidizes only a portion of the candidate's salary costs, and businesses remain responsible for other expenses like benefits and overheads.
The Win-Win Outcome
The advantages of the Youth Employment Program are manifold. For businesses, they not only receive support in hiring but also enjoy increased innovation potential with the integration of youthful, energetic team members. For young professionals, the program offers an invaluable chance to gain practical experience, build their resumes, and improve their employability in a competitive job market. Furthermore, by facilitating the infusion of young talent into the workforce, the Youth Employment Program contributes to Canada's economic vitality and ensures that its youth have strengthened career trajectories, equipped with the skills and experiences they need to thrive.
Conclusion
NRC IRAP’s Youth Employment Program is an exemplary initiative balancing the needs of burgeoning businesses with those of the younger generation seeking employment and expertise. By forging meaningful connections between companies and upcoming talent, it paves a path for mutual growth and prosperity, laying the foundational stone for an innovative future. Canadian businesses and young graduates alike stand to benefit from engaging with this program, heralding a bright horizon for Canada’s economic ecosystem.
