Money Available for Employers to Hire/Register Apprentices – Apprenticeship Service Grant
Apprenticeships offer a great way to get the hands-on work experience needed to pursue a career in the skilled trades. Employers play a fundamental role in Canada’s apprenticeship systems, however many small and medium-sized enterprises (SMEs) do not always have the resources to offer apprenticeship training opportunities.
CSTEC – Canadian Skills Training and Employment Coalition has available for employers financial incentives for Companies (SME’s) who hire apprentices, plus we’ll provide additional supports, such as help navigating the apprenticeship system, onboarding apprentices, and creating welcoming workplaces. SME’s with 499 or fewer paid employees are eligible for the funding.
Under the Apprenticeship Service, SMEs will receive $5,000 for each new, first-year apprentice hired, for a maximum of two eligible apprentices per year, and can use the incentive to pay for upfront costs such as salaries and training. In addition, to boost diversity in the Red Seal trades, this incentive will be doubled to $10,000 for employers who hire from equity-deserving groups, specifically women, persons with disabilities, Indigenous people, members of the LGBTQ2+ communities, newcomers and visible minorities including Black and other racialized communities.
Tagged as: Apprentices, Apprenticeships, Financial Incentives, manufacturing, SME's
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