Wage subsidy for developing tech talent

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About the program

 

Get a wage subsidy to cover up to 50% of the costs of a work term placement, to a maximum of $5,000 per placement, when you hire a post-secondary student. Maximum coverage for under-represented groups is 70% of the costs to a maximum of $7,000.

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)
  • Indigenous students
  • Visible minorities
  • New Canadians (within 5 years)
  • Persons with disabilities
  • Students in their first year of study

Eligibility:

We accept applications from registered Canadian businesses and non-profits who can provide a meaningful, tech-focused work placement opportunity to a student. Check out our employer resources to learn more. Large financial sector employers are no longer eligible, as well as post-secondary institutions and municipalities.

Students must be registered in an accredited Canadian post-secondary institution and must work in a role that is tech immersive – although they aren’t required to be studying something in tech! Check out our student resources to learn more. Unfortunately, we can’t award this subsidy to international students at this time.

What roles are eligible:
We support any tech-immersive roles across many different disciplines and functions, and you don’t need to be a tech company to promote tech skills development. Some common examples include:

  • Marketing: market research, industry analysis, digital marketing, branding, design, communications
  • Strategy: consulting, analysts, business development
  • Data & tech: data analysis, AI / machine learning, software development, IT support

How to apply

Give your application the best chance at approval. AKR Consulting has an 99% approval rating across all<u> Canadian funding programs.</u>

For any inquiry, please call: AKR Consulting Canada at 905-678-6368

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