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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|openingDateJuly 9, 2024
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
The Industrial Research Assistance Program (IRAP) — Youth Employment Program (YEP) provides financial support for projects that harness young talent in areas critical for business innovation. This program enables organizations to tackle projects that have components essential for advancements in technology and market development.
- Advancing research and development, engineering, and multimedia activities.
- Developing new products and processes.
- Conducting market analyses for new technology-based products.
- Supporting business development related to science and technology activities.
- Improving customer services through innovative solutions.
grant_single|admissibleProjectsExample
$ 30,000
Hire a market analyst for a technology feasibility study
$ 30,000
Recruit a graduate for R&D in eco-friendly packaging
$ 30,000
Hire a graduate to develop a new mobile app
grant_single_labels|admissibility
Eligibility for the Youth Employment Program under NRC IRAP requires specific criteria for businesses.
- The business must be a small or medium-sized enterprise with 500 or fewer full-time equivalents.
- The business needs to be incorporated and for-profit.
- The business should be ready to enhance its innovation capacity and willing to partner with NRC IRAP.
grant_eligibility_criteria|who_can_apply
The Youth Employment Program under NRC IRAP is available to small or medium-sized businesses (500 or fewer full-time employees) that are incorporated and for-profit. These businesses must be ready to enhance their innovation capacity and willing to partner with NRC IRAP.
grant_eligibility_criteria|who_cannot_apply
This grant overview does not explicitly list any ineligible companies or industries. As such, there are no defined restrictions mentioned for businesses that cannot apply based on their status or primary activity.
grant_eligibility_criteria|eligible_expenses
The program partially covers expenses related to the salary costs of hiring young talent under the youth employment initiatives.
- Portion of the youth candidate's salary costs.
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: Contact NRC IRAP
- Call NRC IRAP toll-free at 1-877-994-4727 to begin the application process.
- Engage in an initial discussion about your business objectives and readiness to grow through innovation.
- Step 2: Eligibility Assessment
- Discuss with NRC IRAP representatives to determine if your business meets the eligibility criteria.
- If deemed eligible, you will be referred to an industrial technology advisor (ITA).
- Step 3: Consultation with Industrial Technology Advisor (ITA)
- Meet with the ITA to discuss your business strategy, opportunities for growth, and potential project ideas.
- Assess how your development and growth strategies align with the Youth Employment Program.
- Step 4: Develop a Project Proposal
- Work collaboratively with your ITA to create a detailed project proposal.
- Outline project goals, methodologies, and expected outcomes.
- Prepare supporting documentation as required.
- Step 5: Find a Youth Candidate
- Utilize networks and resources to identify eligible youth candidates for your project.
- Step 6: Submit Application
- Submit the completed project proposal and required documents to NRC IRAP for review.
- Ensure all portions are completed and submitted by any designated deadlines.
- Step 7: Await Approval Response
- Expect to hear back within two weeks regarding the approval status of your project.
- Step 8: Post-Approval Requirements
- Once approved, prepare to submit monthly reimbursement claims to NRC IRAP.
- Maintain records and documentation for reporting purposes.
grant_single_labels|otherInfo
Additional noteworthy details for this grant program include:
- The NRC IRAP offers toll-free communication for inquiries at 1-877-994-4727.
- A respectful and harassment-free workplace commitment is emphasized by the NRC.
- Feedback from participants is encouraged to continually improve the service.
- Participants hire youth candidates for a defined period of 6 to 12 months, ensuring a substantial engagement in business activities.
- The business must be ready to engage with an Industrial Technology Advisor for detailed business evaluation and advisement.
- Final selection involves a project proposal collaboration with an ITA that reflects both business growth and youth engagement objectives.
- Successful projects receive notification within two weeks post-application, with expectations for regular monthly reimbursement claims.
- These programs are part of a larger government strategy to prepare young Canadians for the evolving job market.
grant_single_labels|contact
1-877-994-4727
