Skills Development Fund — Capital Stream
At a glance
- No Condition
- Open Date : June 30, 2023
- Closing date : October 10, 2023
- All industries
- Government of Ontario
Overview
Eligibility criteria
The eligibility criteria for the Skills Development Fund: Capital Stream grant are:
- Employers in Ontario, minister-approved apprenticeship program training agents, non-profit organizations, industry associations, trade unions, municipalities, hospitals, social service boards, and municipal service managers are eligible as primary applicants.
- Educational organizations like school boards, colleges, universities, and private career colleges can apply as partners with eligible primary applicants.
Who is eligible
Employers in Ontario, non-profit organizations, professional associations, trade unions, municipalities, hospitals, and certain educational organizations are eligible to apply for the Skills Development Fund: Capital Stream grant.
- Employers in Ontario
- Non-profit organizations
- Professional associations
- Trade unions
- Municipalities
- Hospitals
- Certain educational organizations
Who is not eligible
Employers in Ontario, minister-approved non-college apprenticeship program training delivery agents, non-profit organizations, professional associations, trade unions, municipalities, hospitals, District Social Services Administration Boards, and Consolidated Municipal Service Managers are eligible to apply for the grant. There are no specific types of companies mentioned in the grant context that are not eligible for the grant.
Eligible expenses
Eligible expenses for this grant include facility renovations, retrofits, expansions, repairs, building conversion, and new building construction.
- Facility renovations
- Retrofits
- Expansions
- Repairs
- Building conversion
- New building construction
Eligible projects & activities
There are eligible projects for the Skills Development Fund: Capital Stream grant. Organizations can use the funding for facility renovations, retrofits, expansions, repairs, building conversion, and new building construction.
- Facility renovations
- Retrofits
- Expansions
- Repairs
- Building conversion
- New building construction
Evaluation & selection criteria
There are evaluation and selection criteria for this grant.
- All applications will be assessed based on transparent, consistent, and measurable evaluation criteria outlined in the SDF Capital guidelines.
How to apply
- Step 1: Review eligibility criteria and guidelines
- Content: Review the eligibility requirements for primary and partner applicants as outlined in the Skills Development Fund Capital Stream guidelines.
- Implications: Understand who can apply and the project requirements to ensure your organization meets the criteria.
- Step 2: Prepare application materials
- Content: Gather all necessary documents and information required for the application, including project details, budget, and supporting documentation.
- Implications: Have all the materials ready to submit a comprehensive and well-prepared application.
- Step 3: Complete the online application form
- Content: Fill out the online application form with accurate information and details about your project and organization.
- Implications: Provide clear and concise responses to meet the application requirements and demonstrate the alignment of your project with the grant objectives.
- Step 4: Submit the application
- Content: Submit the completed application form along with all the required supporting documents before the deadline.
- Implications: Ensure timely submission to be considered for funding and follow the application instructions carefully.
Additional information
There is no additional information provided for this grant application.
Skills Development Fund: Capital Stream Overview
The Skills Development Fund Capital Stream provides funding to eligible organizations in Ontario to build, upgrade, or convert training centres for in-demand jobs. Recipients can use the funding for various purposes such as renovations, expansions, and new construction.
Skills Development Fund Capital Stream Details
The Skills Development Fund Capital Stream supports the creation of training spaces to meet the demand for skilled workers in critical sectors. Eligible organizations include employers, non-profit organizations, and educational institutions. The funding aims to increase training capacity and benefit individuals seeking employment or facing job displacement.
Applicants need to align their projects with specific criteria, focusing on target sectors and participant groups identified by the program. The evaluation process is transparent and aims to support growth and address labour market challenges in Ontario. Successful applicants will contribute to increasing training opportunities and addressing talent gaps in key sectors.
Organizations interested in upgrading or expanding their training facilities can find support through the Skills Development Fund Capital Stream. The funding is designed to enhance training capacity, support emerging sectors, and create pathways for individuals seeking employment in high-demand fields. By meeting the program's objectives and criteria, applicants can access financial assistance to develop effective training centers and contribute to Ontario's economic growth.
The Skills Development Fund Capital Stream presents a valuable opportunity for organizations to invest in training infrastructure and address the skills gap in the province. By aligning projects with the program's objectives and demonstrating a commitment to enhancing training opportunities, applicants can unlock funding to support the development of skilled workers in key sectors. With a focus on capacity building and sector-specific training, the program aims to create a skilled workforce that meets the evolving needs of Ontario's economy.
Successful applicants will play a crucial role in advancing skills development and supporting individuals in accessing training for in-demand jobs. The program's criteria emphasize the importance of targeting specific sectors and participant groups to maximize the impact of the funding. By delivering on the program's key performance indicators, organizations can contribute to workforce development and help address labour market challenges across Ontario.
