TECHNATION — Career Ready Program
At a glance
- Max. $7,000
- 70% of project cost
- Open Date : November 14, 2019
- All industries
- TECHNATION
Overview
Eligibility criteria
The eligibility criteria for this grant include:
- Registered Canadian businesses and non-profits providing tech-focused work placement opportunities
- Students from accredited Canadian post-secondary institutions in tech-immersive roles
- Employers hiring students from specified underrepresented groups
- Employers planning to increase the number of student hires compared to previous fiscal years
Who is eligible
There are eligible types of companies for this grant.
- Registered Canadian businesses
- Non-profits
Who is not eligible
Large financial sector employers, post-secondary institutions, and municipalities are not eligible for this grant.
- Large financial sector employers
- Post-secondary institutions
- Municipalities
Eligible expenses
Eligible expenses for this grant include:
- Student wages for tech-focused work placements
- Employer costs related to the work placement
- Training and supervision expenses for the student
- Other expenses directly related to the work-term placement
Eligible projects & activities
Projects or activities eligible for this grant should align with tech-immersive roles in high-growth sectors. Employers can hire students for roles in areas such as digital technology, AI, cybersecurity, agri-tech, clean tech, and health tech.
- Digital technology (IT, digital marketing, software engineering, etc.)
- AI / IoT / Machine Learning / Advanced Manufacturing
- Cybersecurity
- Agri-Tech
- Clean Tech
- Health Tech
Evaluation & selection criteria
The evaluation and selection criteria for this grant include:
- Number of placements awarded based on population percentages for each province/territory
- Accepting up to 5 applications per employer
- Priority given to hiring students from underrepresented communities
- Preference for tech immersive roles in high-growth sectors
- Longer processing time to distribute funds fairly
How to apply
- Step 1: Visit TECHNATION’s online application portal
- Step 2: Complete the application form (takes about 10-12 minutes)
- Step 3: Submit the application and wait for eligibility review
- Step 4: Priority is given to underrepresented community hires and tech-immersive roles in high-growth sectors
- Step 5: Longer processing times may be expected for fair distribution of funds
Future Workforce Development Career Ready Program Summary
TECHNATION's Career Ready Program, supported by the Government of Canada's Student Work Placement Program, offers wage subsidies to businesses hiring students for tech-focused work placements. Employers can receive up to 70% in subsidies for hiring students from under-represented groups in high-growth sectors.
Exploring TECHNATION's Career Ready Program for Future Workforce Development
TECHNATION's Career Ready Program aims to bridge the gap between education and industry by funding student work placements in tech-related fields. The program subsidizes 50% to 70% of a student's pay for employers who provide meaningful tech-focused roles, with a focus on diversity and inclusion. Employers can receive up to $7000 in wage subsidies for hiring students from underrepresented groups such as women in STEM, Indigenous students, visible minorities, and more.
The application process emphasizes equity, allocating placements based on population percentages and prioritizing underrepresented communities. Employers can hire students in various tech-immersive roles, including digital technology, AI, cybersecurity, Agri-Tech, and Health Tech sectors. The program supports full-time or part-time work terms during specific placement periods, offering flexibility to both employers and students.
With a focus on future-proofing tech talent and fostering diversity in the workforce, TECHNATION's Career Ready Program provides a valuable opportunity for businesses to engage with emerging talent and contribute to the development of a skilled and inclusive tech workforce in Canada.
