Government Grant

Technation | Career Ready Program

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

  • 4.5/5.0
  • Technation
  • All levels
  • Last updated 1 week ago
  • English
Description

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