OBIO — Health to Business Bridge Program
ON, Canada
Wage subsidies and talent for health science companies
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateJuly 09, 2024
grant_single|financingType
Wage Subsidies And Interns
grant_single|eligibleIndustries
- Health care and social assistance
grant_single|grantors
- Ontario Bioscience Innovation Organization (OBIO)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Access a pool of qualified health science talent and receive wage subsidies to provide training, mentorship and develop your health science company in Ontario.
grant_single_labels|projects
This program is accessible to health science companies in Ontario, as facilitated by the Ontario Bioscience Innovation Organization (OBIO) and partially funded by governmental bodies.
- Companies located within Ontario, Canada.
grant_single|admissibleProjectsExample
$180,000
Launch a mobile health app with a team of newly graduated health science experts
$220,000
Expand telehealth services with new hires trained in virtual patient consultations
$280,000
Launch a genomics research division with new hires focusing on sequencing technologies
$250,000
Develop a clinical trial management system utilizing new hires to improve efficiency
$135,000
Implement a digital record system using new recruits skilled in health data management
$260,000
Create an AI-based diagnostic tool with a team of newly hired data scientists
grant_single_labels|admissibility
Eligibility for participation in the OBIO® Health to Business Bridge Program™ is primarily centered around the company's involvement in the health science industry and their need for recruitment and training support.
- Companies must be operating in the health science sector.
- Companies must require support for recruiting and onboarding new talent in the health science field.
- Applicants should be OBIO® members to access additional resources such as the Talent Network™ and wage subsidies.
grant_eligibility_criteria|who_can_apply
The provided context does not include specific information on the evaluation and selection criteria for the OBIO® Health to Business Bridge Program™. Therefore, it is not possible to extract or list such criteria from the current details available. Typically, for similar programs, organizations may consider factors such as the potential impact of the subsidy, the company's capacity to support talent development, and alignment with program goals, but specific criteria would need to be obtained directly from the program administrators or official documentation.
grant_eligibility_criteria|eligible_expenses
The OBIO® Health to Business Bridge Program™ supports activities that facilitate the recruitment and development of talent in Ontario’s health science sector. Eligible projects include streamlined onboarding and training processes, workforce development initiatives, and mentorship programs.
- Streamlining recruitment processes for health science companies through the OBIO® Job Board and Talent Network™.
- Providing wage subsidies to support onboarding and training of new hires in eligible health science companies.
- Conducting bootcamps, webinars, and workshops on various business topics to help upskill employees.
- Offering coaching and mentorship for new hires to quickly align with organizational needs.
- Collaborating with educational institutions province-wide to enhance the talent pool with well-matched candidates.
- Providing hands-on training sessions on health science business operations for rapid integration of new employees.
grant_eligibility_criteria|zone
The grant covers specific expenses directly related to the onboarding and training of new hires in the health science sector.
- Wage subsidies for onboarding and training of new employees.
grant_single_labels|criteria
The OBIO® Health to Business Bridge Program™ has evaluation and selection criteria to assess potential awardees. Companies must meet specific criteria to be eligible for the program.
- Eligible companies in the health science sector
- Commitment to onboarding and training new hires
- Alignment with the program's objectives
- Capacity to benefit from the wage subsidies
grant_single_labels|register
- Step 1: Become an OBIO® Member
- Contact OBIO® to express interest in becoming a member.
- Complete the membership application form as required by OBIO®.
- Step 2: Post Job Listing
- Create an account on the OBIO® Job Board.
- Prepare and post a job listing on the OBIO® Job Board to attract qualified candidates.
- Step 3: Register for Business Bootcamps
- Access the OBIO® registration platform to enroll your company or employees in upcoming bootcamps, webinars, and workshops as part of the workforce development tools available.
- Step 4: Utilize OBIO® Job Board and Talent Network
- Search for eligible candidates within the OBIO® Talent Network who match your company’s needs.
- Select and onboard candidates for your health science company.
- Step 5: Apply for Wage Subsidies
- Contact OBIO® representatives to access forms and guidance on applying for wage subsidies offered through the H2BB™ program.
- Submit detailed information about the new hires and their roles within your organization as part of the subsidy application.
- Step 6: Submit Application to OBIO®
- Compile all necessary documents including job descriptions, employment contracts, and subsidization forms.
- Send completed application materials to the designated OBIO® contact person, Garima Ghale, via email at garimaghale@obio.ca.
- Step 7: Await Confirmation and Approval
- Wait for a confirmation receipt of your application submission from OBIO®.
- Respond to any additional requests for information or clarification from OBIO® during their review process.
grant_single_labels|otherInfo
Here are additional relevant details for this grant program:
- The program offers business bootcamps, webinars, and workshops to help talent develop necessary skills in the health science industry.
- OBIO® collaborates with universities, colleges, and other organizations to enhance its talent pool.
- The program is funded in part by the Government of Canada and the Government of Ontario, indicating collaboration at multiple governmental levels.
- Contact details for further inquiries are provided, indicating direct communication lines for assistance.
Apply to this program
Enhancing Talent in Ontario's Health Science Sector
The OBIO® Health to Business Bridge Program™ (H2BB™) is dedicated to supporting Ontario's health science companies by streamlining the recruitment process and enhancing the onboarding experience for new talent. This program facilitates employment by providing wage subsidies, pre-employment training, and access to a high-caliber workforce through its job board and talent network.
In-depth Overview of the OBIO® Health to Business Bridge Program™
The OBIO® Health to Business Bridge Program™ is a pivotal initiative tailored for health science companies in Ontario to ensure smooth recruitment and retention of skilled professionals. Designed by the Ontario Bioscience Innovation Organization (OBIO) in collaboration with the provincial and federal governments, this program is a comprehensive solution addressing the talent needs of businesses within this sector.
This program's structure aims to alleviate the financial burden on companies associated with hiring and training new employees through strategic wage subsidies. These subsidies enable health science companies to allocate more resources towards enhancing operational capabilities and innovation, thus contributing positively to the industry's overall growth and sustainability.
The core of H2BB™ lies in its robust Job Board and Talent Network. This platform streamlines the employment process by connecting businesses with a curated pool of candidates who have undergone comprehensive pre-employment training. The training encompasses essential industry competencies across various roles such as business operations, quality control, regulatory affairs, and research and development. This ensures that employers are furnished with candidates who are not only theoretically proficient but also possess practical insights crucial for immediate impact within their roles.
Beyond facilitating basic hire-and-train strategies, OBIO's initiative further extends into the professional development realm through its Business Bootcamps. These bootcamps serve as intensive upskilling avenues where new hires are immersed in advanced business tactics pertinent to the health science landscape. Workshops and webinars conducted under this program cover a myriad of topics, equipping participants with the agility to adapt to industry shifts and challenges effectively.
The strength of the OBIO® H2BB™ program emanates from its collaboration network that spans Ontario’s universities, colleges, and other educational entities. This ensures a continual enrichment of the talent pool with individuals whose skills and aspirations align seamlessly with current industry demands, thus shortening the time to productivity for new hires and fostering greater organizational retention.
In summary, the OBIO® Health to Business Bridge Program™ is pivotal in reinforcing the workforce infrastructure of Ontario's health science industry. By marrying financial incentive with top-tier training and recruitment strategies, OBIO empowers companies to build competent teams that are foundational to their innovation and competitiveness in the global market. This initiative not only meets the immediate staffing needs but also sets a benchmark for sustainable talent development that is poised to propel the sector into new heights of excellence and innovation.
