Funding
Resources

WHAT'S NEW

BCIC: BC Tech Co-op Grants Program
(Now for Tech and Non-Tech Employers)

The BC Tech Co-op Grants Program has recently expanded to make it even easier for BC companies to hire a Co-op student and receive the $2700 grant. Employers receive 25% of the student’s salary, up to a maximum of $2700, equivalent to about one month’s salary of a typical four-month (16 week) work term.

SEE BCIC SITE 

BC Arts Council: Special Project Assistance - Co-op

Organizations assisted by the BC Arts Council or incorporated non-profit arts and cultural organizations assisted through the programs of the BC Arts Council’s Share Cost Arrangement partners who demonstrate the need for financial assistance can apply for funding through the Council. 

See BC Arts Council Site

BC Tech Co-op Grants

Hiring a student for a co-op work term? Apply to get a $2,700 grant! 

The BC Tech Co-op Grants Program provides almost a 25% subsidy towards a co-op student’s salary.  The program is designed to help employers who are hiring young talent and to introduce students to tech-related careers. BC businesses benefit from co-op students’ fresh ideas and readiness to learn, while students  gain work experience and valuable business and technical skills.

Learn more about your eligibility for a BC Tech Co-op Grant

Canadian Heritage: Young Canada Works (YCW) Program

Young Canada Works (YCW) subsidizes up to 2,780 job opportunities. These wage subsidies are dedicated to offering summer jobs and internships to Canadian students and graduates, allowing them to gain valuable experience while putting their skills to the test. From an employer’s perspective, fresh ideas and competitive skills are made available. Young Canada Works (YCW) sponsors three summer job programs for students:

YCW in Heritage Organizations
YCW in Both Official Languages

See Canadian Heritage site

Career Focus

Career Focus is a Canada-wide program that offers funding for employers to help post-secondary graduates find career-related work opportunities in Canada and internationally.

Industrial Research Assistance Program Technology (IRAP)

“NRC-IRAP provides non-repayable contributions to Canadian SMEs interested in growing by using technology to commercialize services, products and processes in Canadian and international markets.”

To learn more about IRAP funding available for Canadian SMEs, call NRC-IRAP (1-877-994-4727skypec2c://r/2041-877-994-4727) to find a regional office near you or visit the IRAP homepage. An IRAP Industrial Technology Advisor will consult with you and assess whether your enterprise is eligible.

See IRAP Site

MITACS-Accelerate

This is a national internship program for graduate students enrolled at a Canadian university. For each four-month co-op term, your organization contributes $7500 which is matched by MITACS. The student spends about half the term on site at your workplace, working on the research issue in question and collecting data. For the balance of the time, the student will work at their university, further advancing the research under the guidance of a faculty supervisor. Applications are accepted year round.

See MITACS-Accerlate site

SWILP - ITAC Career Ready Program

Current post-secondary students who are studying in the areas of Business Technology Management (BTM), Computer Science, Computer Systems Technology, Computer Engineering or alike programs and are in an official work term program qualify for the Career Ready program. The program provides up to 50% (up to a maximum of $5,000) of a work term student’s pay in wage subsidies.

SWILP - BioTalent

Note on SWILP funding: This funding is offered through several partners, including BioTalent. This overview can help you determine which SWILP opportunity might support your organization.

The federally-funded Student Work-Integrated Learning Program (SWILP) will provide post-secondary students in science, technology, engineering, and mathematics (STEM) and business more quality student work placements and improved partnerships between employers and post-secondary education institutions. BioTalent is one of the delivery partners for the SWILP funding and will provide $6 million in wage subsidies over four years for 1,000 co-op placements for students to gain work experience in Canadian biotech companies.

The bio-economy is defined as any economic activity derived from scientific and research activity in the bio-technology fields. This includes bio-health, bio-fuels, bio-industrial and agri-bio.

Learn more about this funding

SWILP - ECO Canada

Note on SWILP funding: This funding is offered through several partners, including ECO Canada. This overview can help you determine which SWILP opportunity might support your organization.

The federally-funded Student Work-Integrated Learning Program (SWILP) will provide post-secondary students in science, technology, engineering, and mathematics (STEM) and business more quality student work placements and improved partnerships between employers and post-secondary education institutions. BioTalent is one of the delivery partners for the SWILP funding and is currently accepting applications for the fall term up until September 15, 2017.

ECO Canada's new Co-op Program provides 50% of wage funding for employers who hire environmental students. As part of Canada's Work-Integrated Learning strategy, ECO Canada is matching students with employers in the environmental sector to help them on the path to a bright career. The program provides:

  • Funding for up to 16 weeks of paid student work terms
  • Valuable on-the-job experience for students
  • Increased resourcing and talent for employers

Learn more about this funding

SWILP - Information and Communications Technology Council (ICTC)

Note on SWILP funding: This funding is offered through several partners, including ICTC. This overview can help you determine which SWILP opportunity might support your organization.

The federally-funded Student Work-Integrated Learning Program (SWILP) will provide post-secondary students in science, technology, engineering, and mathematics (STEM) and business more quality student work placements and improved partnerships between employers and post-secondary education institutions. ICTC is one of the delivery partners for the SWILP funding for companies in high growth sectors including Fintech, clean tech, e-health, cybersecurity, entertainment AND gaming, innovative manufacturing, intelligent retail and other sectors considered to be growing rapidly.

Learn more about this funding

SWILP – Canadian Council for Aviation and Aerospace (CCAA)

Note on SWILP funding: This funding is offered through several partners, including CCAA. This overview can help you determine which SWILP opportunity might support your organization.

The Federally-funded Student Work-Integrated Learning Program (SWILP) will provide post-secondary students in science, technology, engineering, and mathematics (STEM) and business more quality student work placements and improved partnerships between employers and post-secondary education institutions. The Canadian Council for Aviation and Aerospace is one of the delivery partners for the SWILP funding and provides funding for companies working with drones, rockets, satellite design, un-manned vehicles, flight operations and manufacturing.

For more information about this funding opportunity, please contact:

This overview can help you determine which SWILP opportunity might support your organization.

Theresa Davis-Woodhouse, Director of Project Management, CCAA
613 727 8272 ext. 247
daviswoodhouse@avaerocouncil.ca

Natural Sciences and Engineering Research Council (NSERC) Undergraduate Student Research Awards (USRA)

Maximum funding available is $4,500/student for four months to support the hiring of an undergraduate researcher. NSERC will support up to 15 students per eligible company, per fiscal year (April 1 to March 31). Applications are to be submitted a minimum of four weeks prior to the student’s scheduled start date.

SEE NSERC USRA site

Pacific Institute for Climate Solutions (PICS)

PICS Internships provide support for the hiring of university students to work on topics that align with one of our five research themes. Internships serve to enhance the students’ knowledge and expertise in the area of climate change, as well as to integrate that knowledge into practice. $10,000 in internship funding per four-month placement is available to provincial and local governments and BC-based NGOs. In addition, PICS will match private sector and crown corporation contributions to a maximum of $6,000 for four-month internship placements in areas of interest to PICS.

Service Canada – Canada Summer Jobs program

Canada Summer Jobs provides funding to help small businesses, public sector employers, and non-profit organizations to hire students during the summer term. Funding available to approved employers: up to 50 per cent of minimum wage for private companies and public sector employers, and up to 100 per cent of the minimum wage for non-profit organizations. Application deadline is January 25, 2019; employers are notified of the outcome of their application in May.

Tax Credits

SCIENTIFIC RESEARCH AND EXPERIMENTAL DEVELOPMENT TAX CREDIT

Provides a 10 per cent tax credit to qualifying corporations--claimed when filing the T2 Corporation Income Tax Return.

BC Employer Training Grant

The Province of British Columbia has negotiated a new Workforce Development Agreement (WDA) with the Government of Canada that replaces the Canada-BC Job Fund Agreement (CJF). The new WDA provides B.C. with more funding and flexibility to address provincial labour market needs. 

British Columbia strives to build a strong, sustainable, innovative economy with a focus on poverty and inequality reduction. We are working to create good-paying jobs for British Columbians while ensuring people from every background have the opportunity to reach their full potential.  

The B.C. Employer Training Grant (ETG) provides up to $8 million in funding for employers to support skills training for their current and new employees in the fiscal year 2018/19.

Learn more about this funding