Magnet — Student Work Placement Program
Canada
Money to hire students for work-integrated learning
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateNovember 14, 2019
- grant_single|closingDateDecember 04, 2023
grant_single|financingType
Wage Subsidies And Interns
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Magnet
grant_single|status
grant_card_status|closed
grant_single_labels|preview
Get a wage subsidy to cover up to 70% of the costs of a work-integrated learning placement, to a maximum of $7,000 per placement, when you hire an eligible post-secondary student.
grant_single_labels|projects
This grant is applicable to employers registered as Canadian businesses or not-for-profits. The eligibility is based on their compliance with national standards for registration and operation within Canada.
- Any province within Canada where businesses are registered as Canadian entities.
- All territories within Canada adhering to the Canadian business registration guidelines.
grant_single|admissibleProjectsExample
$7,000
Marketing internship to develop a social media strategy for 'EcoSustain Enterprises'
$7,000
Applied research project on sustainable agriculture at 'GreenFields Cooperative'
$7,000
Conduct a marketing research project with two post-secondary interns
$7,000
Co-op placement for software development at 'TechNova Solutions'
$14,000
Practicum for graphic design students at 'Artistry Co-op'
grant_single_labels|admissibility
Employers must meet several criteria to be eligible for this grant.
- The employer must be a registered Canadian business or not-for-profit organization.
- The employer must be willing to provide a quality work-integrated learning experience to a post-secondary student.
- The employer must be committed to paying the student for the role and have the financial capacity to pay the student for the duration of the placement in full (the wage subsidy will be administered after receiving all supporting documentation, at the end of the placement).
- The employer must comply with all federal and provincial human rights and labour legislation, regulations, and any other relevant standards, including the Occupational Health and Safety Act and the Employment Standards Act.
- Where legally required, the employer must be responsible for Workplace Safety and Insurance Board (WSIB) or alternate workplace insurance coverage.
- The employer must not be a federal, provincial, territorial, or municipal government, hospital, public long-term care facility, crown corporation, post-secondary institution, financial institution, or non-secular institution (unless offering secular WIL opportunities).
grant_eligibility_criteria|who_can_apply
The Student Work Placement Program (SWPP) targets Canadian employers across various industries who are seeking to hire post-secondary students for work-integrated learning placements. Eligible employers can receive wage subsidies, providing financial assistance for hiring students from diverse backgrounds. Organizations must meet the following criteria:1. Be a registered Canadian business or not-for-profit organization.2. Provide a quality work-integrated learning experience for post-secondary students.3. Commit to paying the student for the role and demonstrate financial capacity to do so.4. Be compliant with federal and provincial human rights and labour legislation.5. Where required, ensure Workplace Safety and Insurance Board (WSIB) or equivalent coverage.Ineligible entities include government bodies, hospitals, crown corporations, post-secondary institutions, and certain financial and religious institutions, with limited exceptions for secular work opportunities.
grant_eligibility_criteria|who_cannot_apply
Certain types of organizations are ineligible for the Student Work Placement Program funding. These restrictions ensure alignment with program goals and compliance with public funding guidelines.
- Federal, Provincial, Territorial and Municipal Governments
- Hospitals and public long-term care facilities
- Crown Corporations
- Post-Secondary Institutions
- Financial institutions
- Non-secular institutions (except for secular WIL opportunities)
grant_eligibility_criteria|eligible_expenses
The Student Work Placement Program supports initiatives that create quality work-integrated learning (WIL) opportunities for post-secondary students. Eligible projects focus on providing students with paid work experiences related to their fields of study.
- Offering co-op placements in alignment with academic programs.
- Facilitating internships that integrate practical experience with academic curricula.
- Organizing mentorship programs that enhance employability skills.
- Conducting applied research projects with active student involvement.
- Creating practicum opportunities within professional settings.
grant_eligibility_criteria|zone
The SWPP grant subsidizes eligible wage expenses related to hiring students for work-integrated learning placements.
- 50% of wages (up to a maximum of $5,000) for each net new placement.
- 70% of wages (up to a maximum of $7,000) for each net new placement for students from underrepresented groups including women in STEM, Indigenous students, newcomers, and persons with disabilities, visible minorities, as well as first-year students.
grant_single_labels|criteria
Evaluation and selection criteria for the Student Work Placement Program grant are:
- Demonstrated commitment to providing quality work-integrated learning experiences
- Financial capacity to pay the student for the duration of the placement
- Compliance with federal and provincial legislation and standards
- Recognition of placement as work-integrated learning
grant_single_labels|register
Here are the steps to submit an application for the Student Work Placement Program grant:
- Step 1: Create an Account on Outcome Campus Connect
- Go to the Outcome Campus Connect platform via the "Apply for funding" or "Hire and apply for funding" buttons.
- Register your organization on the platform if you haven't done so already.
- Step 2: Review Eligibility Criteria
- Ensure your organization and the potential student meet the SWPP eligibility requirements.
- Understand the Net NEW placement requirements as outlined by Employment and Social Development Canada.
- Step 3: Fill Out Application Details
- Complete all required fields in the online application form.
- Provide details of the job posting and student placement.
- Step 4: Submit Application
- Ensure all fields are accurately filled out before submission.
- Submit the application before any deadlines, particularly for Fall 2024 applications in August 2024.
- Step 5: Monitor Application Status
- Once submitted, monitor your email for notifications about your application status.
- If your application is placed on a waitlist, you will receive updates via email in September 2024.
- Step 6: Consider Alternative Options
- If notified that your application cannot be accommodated with Magnet, consider being directed to an alternative delivery partner for funding opportunities.
grant_single_labels|otherInfo
Here is a short summary of miscellaneous information about the grant:
- The subsidy can be combined with partial provincial funding but not with federal funding programs.
- Employers must follow provincial tax credit guidelines when stacking with provincial tax credits.
- Employers are responsible for workplace safety and insurance coverage.
- The program is administered on a first-come, first-served basis.
Apply to this program
Empowering Employers Through The Student Work Placement Program
The Student Work Placement Program (SWPP) offers significant financial support to Canadian businesses and organizations looking to enhance their workforce by employing post-secondary students for quality work-integrated learning experiences. Through wage subsidies, the program enables employers to expand their hiring capacity while meeting economic needs and investing in future talent.
In-Depth Look at the Student Work Placement Program and Its Benefits
The Student Work Placement Program is an initiative funded by the Government of Canada, designed to facilitate connections between employers and post-secondary students across various academic institutions. By providing wage subsidies, the program aims to support employers in offering paid work placements to students, fostering a collaborative environment that integrates academic knowledge with real-world work experience.
The program is structured to benefit businesses and not-for-profits across all sectors, simultaneously enhancing students' employability and supporting workforce development. For businesses, this represents an effective strategy to cultivate a skilled workforce while offsetting the costs associated with hiring new employees. By integrating students into their operations, businesses can enrich their work environment with fresh perspectives and innovative ideas.
The SWPP offers substantial wage subsidies: up to 50% of employee wages to a maximum of $5,000 per placement, or up to 70% to a maximum of $7,000 for under-represented groups, including women in STEM, Indigenous peoples, and others. This financial support ensures that employers can afford to foster diversity and inclusivity within their work environments, enhancing both cultural richness and operational effectiveness.
Eligibility requirements for participation are inclusive yet specific, ensuring that a wide range of employers can leverage the subsidies while maintaining compliance with Canadian employment standards. To qualify, employers must demonstrate a commitment to providing a robust work-integrated learning experience, and employ students from recognized post-secondary institutions who are eligible to work in Canada.
To streamline the recruitment process, the SWPP is linked with Outcome Campus Connect, an expansive recruitment tool that allows employers to disseminate job postings across a network of over 85 academic institutions. This platform enhances the visibility of employment opportunities, ensuring a diverse pool of applicants is accessible to employers, and allowing them to target prospective candidates based on geographic and program criteria.
The importance of the program is underscored by its responsive adaptation to industry needs, especially in light of the economic shifts caused by events like the COVID-19 pandemic. The SWPP serves as a strategic mechanism to help organizations recover, stabilize, and thrive by building a resilient talent pipeline that aligns with contemporary industry demands.
Ultimately, the Student Work Placement Program stands as an invaluable asset for employers and students alike. By bridging academic learning with practical application, it prepares the next generation of professionals while ensuring that Canadian enterprises remain competitive in a dynamic global market. Businesses are encouraged to take advantage of this opportunity to contribute meaningfully to the economy and support the future workforce, all while benefiting from financial assistance through this forward-thinking initiative.
