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OBIO — (WiHI) Training and Wage Subsidies - ON - Canada

OBIO — (WiHI) Training and Wage Subsidies

Last Update: April 23, 2025
ON, Canada
Wage subsidies for health sciences companies to hire women

OBIO — (WiHI) Training and Wage Subsidies at a glance

Eligible Funding
  • Max. $20,000
Timeline
  • Receipt of requests is now closed
Financing Type
Wage Subsidies And Interns
Eligible Industries
  • Health care and social assistance
Grant Providers
  • Ontario Bioscience Innovation Organization (OBIO)
Status
Closed

Overview of the OBIO — (WiHI) Training and Wage Subsidies program

Access a 6-month program specially designed to support early-stage, women-led health science companies through comprehensive advisory, coaching and networking opportunities as well as up to $20,000 in grant funding to accelerate your growth.

Eligible projects & activities

This grant provides support to early-stage, women-led health science companies through targeted activities designed to foster business growth and leadership development. The eligible activities are centered around enhancing skillsets, building connections, and advancing company objectives within the health sciences sector.
  • Participation in comprehensive advisory sessions to refine business strategies and operations.
  • Engagement in specialized coaching programs to develop leadership skills and business acumen.
  • Access to networking opportunities with industry leaders and potential collaborators.
  • Utilization of wage subsidies to hire and retain women employees, promoting diversity and inclusion.
  • Implementation of growth strategies and expansion plans utilizing grant funding up to $20,000.
Examples of admissible projects:

$ 20,000

Support for launching a telehealth service

$ 20,000

Enhancement of a mental health program with advisory services and networking

$ 20,000

Expand health clinic operations with coaching and administrative support

$ 20,000

Funding to hire a research assistant and access coaching

$ 20,000

Development of a wearable health device with coaching and operational support

$ 20,000

Developing a new health app with advisory services and networking

Eligibility criteria of the OBIO — (WiHI) Training and Wage Subsidies program

Eligibility for this grant is determined by specific requirements related to the company and its operations within the health sciences sector.
  • The company must be an early-stage enterprise.
  • The company must be women-led.
  • The company must operate within the health sciences sector.

Who is eligible?

Eligibility for the wage subsidies under this grant program is targeted towards early-stage, women-led health science companies. These companies must be operating within the health sciences sector and must demonstrate a commitment to hiring women, likely due to the emphasis on gender equality and empowerment within the industry. Although specific details regarding further eligibility criteria are not provided in the context, it is implied that eligible companies must also be interested in accessing advisory, coaching, and networking opportunities provided by the program, in addition to the financial support of up to $20,000 in grant funding. Typically, grant programs such as this one would require applicants to provide details on their company's operations, leadership structure, and hiring practices, especially in relation to supporting and employing women in the health sciences field. Furthermore, it is expected that applicants would need to outline how the grant would be utilized to further gender equality within their organization and what outcomes they aim to achieve through this initiative.

Eligible expenses

This grant supports projects and activities that facilitate the recruitment of women in early-stage health science companies and enhance their skill development through advisory and networking opportunities. The eligible initiatives aim at integrating more women into the health science sector and providing them with substantial growth opportunities.
  • Hiring of women professionals for various roles within health science companies.
  • Conducting training and skill development programs specifically designed for women employees.
  • Engagement in coaching sessions and workshops to enhance leadership skills among women.
  • Participation in networking events to build connections within the health science industry.
  • Implementation of mentoring programs to support women in career advancement in health sciences.
  • Initiatives to foster an inclusive work environment that supports women’s career progression.

Eligibility criteria of the OBIO — (WiHI) Training and Wage Subsidies program

The evaluation and selection criteria for this grant are designed to identify the most promising early-stage, women-led health science companies that can benefit from advisory, coaching, and networking opportunities to accelerate their growth. Applicants will be assessed based on the following criteria:
  • Leadership by women in health science
  • Stage of company development (early-stage focus)
  • Potential for growth and innovation
  • Alignment with health science industry needs
  • Business plan quality and feasibility
  • Impact on the community or industry
  • Ability to clearly articulate goals and use of funds

How to apply to the OBIO — (WiHI) Training and Wage Subsidies program

1
Verify Eligibility
  • Ensure your company meets the criteria of being a women-led health science business.
  • Check if your company qualifies as an early-stage enterprise.
2
Register for the Program
  • Sign-up on the granting organization’s website or portal to express your interest.
  • Create an account if necessary, to access the application portal.
3
Gather Required Documentation
  • Prepare a business plan that outlines your company's structure and goals.
  • Compile financial documents that demonstrate your company’s current economic status.
  • Gather any additional documentation specified by the grant provider.
4
Complete the Application Form
  • Fill out all sections of the online application form carefully.
  • Ensure all questions are answered fully and accurately.
5
Review and Submit Application
  • Double-check your application for completeness and accuracy.
  • Submit the completed application through the designated online portal.
  • Ensure submission is completed before the application deadline.
6
Confirmation and Follow-Up
  • Receive confirmation of application submission via email.
  • Keep track of correspondence for any additional requests or inquiries from the grant provider.

Additional information

The program offers additional benefits and requirements for participants.
  • The program includes comprehensive advisory, coaching, and networking opportunities tailored for women-led health science companies to enhance business skills and connections.
  • There may be a requirement to participate in mentorship sessions or workshops during the program.
  • Participants might need to engage with a peer network to share experiences and insights as part of the program.
  • Progress updates may be required periodically to ensure alignment with program objectives.
  • Contribution requirements might exist, where companies must demonstrate commitment through matching funds or resources.

Documents and links

OBIO — (WiHI) Training and Wage Subsidies

Apply to this program

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