OBIO — (WiHI) Training and Wage Subsidies
Canada
Wage subsidies for health sciences companies to hire women
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Expert Advice
grant_single|eligibleIndustries
- Health care and social assistance
grant_single|grantors
- Ontario Bioscience Innovation Organization (OBIO)
grant_single|status
grant_card_status|closed
grant_single_labels|preview
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.
grant_single_labels|projects
This grant program is designed to support Canadian companies, specifically focusing on providing assistance to early-stage, women-led health science enterprises. The assistance is likely available to businesses across Canada to promote national economic development and gender equality in the health sciences sector.
- Companies located throughout Canada.
grant_single|admissibleProjectsExample
$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
grant_single_labels|admissibility
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.
grant_eligibility_criteria|who_can_apply
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.
grant_eligibility_criteria|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.
grant_eligibility_criteria|zone
The eligible geographic zones for this grant include regions within Canada. Below is a list of these specific regions:
- Canada-wide
grant_single_labels|criteria
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
grant_single_labels|register
Here are the general steps to submit an application for wage subsidies for women-led health science companies:
- Step 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.
- Step 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.
- Step 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.
- Step 4: Complete the Application Form
- Fill out all sections of the online application form carefully.
- Ensure all questions are answered fully and accurately.
- Step 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.
- Step 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.
grant_single_labels|otherInfo
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.
Apply to this program
Empowerment Through Wage Subsidies for Women-led Health Science Firms
This grant aims to provide financial support to early-stage, women-led health science companies through wage subsidies, equipping them to hire more women and thereby fostering an inclusive work environment. The program not only offers up to $20,000 in financial aid but also integrates advisory services, coaching, and networking to drive growth and development.
In-depth Understanding of the Wage Subsidy Grant
This targeted grant initiative is a unique opportunity aimed at empowering health science companies with strong leadership by women. By facilitating these companies with wage subsidies, the grant is designed to address the dual goals of enhancing women's employment in health sciences and propelling growth within the sector. The structured program is directed towards women-led organizations that are in their nascent stages of development, helping them overcome the common hurdles of financial constraints and limited resources that new businesses often face.
Offering up to $20,000 in cash grants, this program is structured to act as a catalyst for growth by providing essential financial support to assist with hiring needs, particularly focusing on bringing more women into the workplace. Such financial backing is crucial for early-stage enterprises seeking ways to expand their workforce without compromising their financial health. This monetary aid is supplemented by an array of services that include comprehensive advisory assistance, personalized coaching sessions, and exclusive networking opportunities designed to enhance business acumen, operational efficiency, and market reach.
The advisory component of the grant is particularly valuable, as it delivers tailored guidance that helps businesses refine their strategies in various critical areas including organizational leadership, market expansion, and operational improvement. Coaches and advisors involved in the program are typically seasoned experts in the health sciences domain who understand the unique challenges and opportunities that women-led businesses encounter. Their expertise is instrumental in guiding participants as they navigate complex industry landscapes and make informed decisions that align with their growth objectives.
Networking is another core element of the program’s support structure. It acknowledges that meaningful professional networks can open doors to new partnerships, investment avenues, and collaborative projects. Through curated events, introductions, and community building activities, participants gain access to a dynamic network of peers, investors, mentors, and industry leaders, further amplifying their potential for innovation and success.
Moreover, the grant’s holistic approach recognizes the unique challenges encountered by women in health science industries, providing tailored resources to support them in an evolving business landscape. By focusing on women-led initiatives, this program contributes to leveling the playing field, promoting diversity and inclusion, and encouraging practices that lead to sustainable business growth. It acknowledges the critical roles that women already play and aims to enhance their contributions to this sector, which is fundamental in addressing global health challenges effectively.
Through rigorous evaluation and strategic deployment, the wage subsidy grant ensures resources are allocated efficiently, empowering participating companies to achieve transformative outcomes. The impact of this grant is twofold: it stimulates economic empowerment among women and drives substantial advancements in the health sciences field, ultimately contributing to broader socio-economic progress.
