Financing for Human Resources Support
FedNor - Youth Internships - Private Sector ProgramThe Youth Internship - Private Sector Component encourages employers to provide young northerners with education-related job experience which would ideally lead to permanent full-time employment within Northern Ontario. The Program is targeting internships that provide valuable work experience within small businesses working in areas of innovation, connectedness or trade with the objective of leading to longer term employment with the employer or within Northern Ontario.
FedNor will contribute up to 50% to a maximum of $27,500 of eligible costs for a period of up to 12 months or 52 weeks. Eligible costs are the incremental salary for the full-time intern and mandatory employee benefits incurred by the organization. Agreements of less than 12 months or 52 weeks will be pro-rated accordingly.
Apply and/or read more on this program here: FedNor - Youth Internships - Private Sector
Northern Ontario Heritage Fund Corporation (NOHFC) - Enterprise North Job Creation ProgramThrough this program the NOHFC provides financial assistance to the private sector to help bring new jobs and economic prosperity to the North. Funding through this program will be in the form of repayable loans, and the maximum contribution for any one project will not exceed 50% of eligible capital costs up to $1 million. Potential applicants include new and existing enterprises that will create jobs in Northern Ontario involved in: agriculture, mining, forest products, tourism, manufacturing, technology, telecommunications, etc.
For more information on this program visit: Enterprise North Job Creation Program
Northern Ontario Young EntrepreneurThe NOHFC Young Entrepreneur program is designed to help young entrepreneurs (aged 18-29) startnew businesses while mobilizing a new generation ofcommunity builders inNorthern Ontario.Generally, the funding from this program does not have to be repaid; the entrepreneur must contribute a minimum of 10% of the total project. The funding may cover up to 85% of eligible costs, and cannot exceed $25,000.
Apply and/or read more on this program here: Northern Ontario Young Entrepreneur
JobConnect Thunder BayJobConnect's main service focus is to help local youth between the ages of 15 and 24 to gain the skills and knowledge necessary to find and keep a job. The Job Connect Community Employment Resource Centre enablesthe organizationto provide resources and services to the entire community of Thunder Bay, no matter what age. JobConnect offers many valuable services for small and medium sized businesses throughout Northern Ontario.
There are several benefits for employers including:
- Pre-screened Candidates
- Job shadows, Trials and Placements
- Training subsidies
- On-the-Job support
For more information phone (807) 475-6298, or visit: JobConnectCC.ca
YES Employment ServicesYES Employment Services administers a variety of employment programs. Most of the programs delivered fall under the Employment Ontario umbrella. Provincial funders include the Ministry of Training Colleges and Universities, and the Ministry of Children and Youth Services. YES also receives funding from Service Canada. YES's main goal is to assist all people in attaining and maintaining employment. The organization offers assistance to people seeking work as well as employers, highlighted by the Employment Ontario "Summer Jobs Service", this is a $2.00/hr subsidy for employers wanting to hire a student during the summer months.
For more information phone (807) 623-0768, or visit: YES Employment Services
Ontario: Targeted Wage Subsidy ProgramThe Targeted Wage Subsidy Program is designed to help employers to hire individuals who face barriers to employment by offering temporary wage subsidies, which they would not otherwise hire. Eligible employers are limited to: Businesses, Non-profit organizations, Municipalities, Band/tribal councils, Public Health and educational institutions, and Provincial/territorial governments. The agreement with each employer can endure as long as 78 weeks.
For more information visit: Ontario - Targeted Wage Subsidies
IRAP - Internship Program with Innovative Small and Medium-sized Enterprises (SMEs)This program provides financial assistance to innovative small and medium-sized enterprises (SMEs) in Canada to hire post-secondary science, engineering, technology, business and liberal arts graduates. Graduates work on innovative projects within the SME and may participate in research, development and commercialization of technologies. Maximum support provided will be $30,000 to help cover a part of the graduate's salary.
Click Here for additional information.