Technation | Career Ready Program

“Technation”

SVG
SVG

$7,500.00

Maximum Eligible Amount

Government Grant

Fund Type

As part of the Government of Canada’s Student Work Placement Program (SWPP), TECHNATION’s wage subsidy program, Career Ready supports businesses by financing their decision to hire a student for a work-term placement. This in turn creates a rewarding opportunity for the student to apply their learning in real-world settings and puts them on a path to a bright career.

The program provides 50% (to a maximum of $5000.00) of a student’s pay in wage subsidies to employers.

An increased subsidy of 70% (to a maximum of $7000.00) is awarded to employers hiring students from under-represented groups:

  • Women studying Science, Technology, Engineering, Maths (STEM), or business
  • Indigenous students
  • Visible minorities
  • Recent immigrants (within 5 years)
  • Persons with disabilities
  • Students in their first year of study, or
  • Students on their first work-term (relevant to their field of study)

September 23, 2021 Special Update:

New measures have been implemented until April 2022 in an effort to provide additional supports to businesses and students during the pandemic;

  • The subsidy has increased to 75% coverage (maximum $7500) per student for all students
  • Applications which were approved prior to this change (up to May 1, 2021) will receive a top up to the new amount – no action required
  • The ‘Net New’ requirement is no longer an eligibility factor
  • Post-secondary institutions may receive funding as employers



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