Making your dollars go as far as possible is key when starting a new business. There are programs in most provinces with federal and provincial dollars available to help entrepreneurs and their teams grow.
Some things that are covered are hiring, training (hint, hint) or other costs associated with traction and growth.
We’ve pulled together some pretty comprehensive lists for access to funding. Many of these programs have been known to change periodically and vary in criteria, so make sure to reach out to the provider directly with any questions you may have.
Disclaimer: the status of these programs is subject to change, and has sometimes changed with little notice. We recommend you check availability and dates for applications regularly.
Canada-Alberta Job Grant
The Canada-Alberta Job Grant (CAJG) is an employer-driven program that helps employers invest in training for current and future employees.
- Employers are eligible for two-thirds of the total approved training cost, up to $10,000 per trainee, per fiscal year for current employees.
- Until February 28, 2022 there are also changes to this program that allows the founder to apply for training (so it’s not just for your employees anymore!). But, keep in mind that this only applies if you have four or fewer employees.
- If your application is successful, all your company’s participants must complete the training in full, in order to receive payment.
- The application process takes a total of about 15 mins. Once you’ve applied, you can register for your 321 course (you can do this as soon as your application has been submitted – no need to wait).
- Have a look at our simple instructions here.
- Start your application here.
Not in Alberta? We’ve gathered some funding options for you, too!
- Canada-Saskatchewan Job Grant
- Canada-Manitoba Job Grant (Intakes currently closed – but we hear they’re making a comeback in Spring 2022)
- BC Employer Training Grant
If you’re thinking about hiring students or interns, the grants below may be worth a look:
- Digital Skills for Youth Program – subsidy of up to $30,000
- Magnet Student Work Placement Program – a federal program that reimburses for 75% of wages (to a maximum of $7,500)
- WIL Digital Subsidy – reimburses for 75% of wages (to a maximum of $7,500)
- Career Ready Program – reimburses for 75% of wages (to a maximum of $7,500)
Here’s a few (pretty incredible) pro-tips from our friend Andrew Browne
At our Growth Snacks: Grants Funding Opportunities in early February, Andrew who heads up the Funding Catalyst team at Thin Air Labs shared some amazing resources. We thought we’d share them you, too!
- Airtable view of potential programs for your venture
- Innovation Canada Business Benefits finder
- Alberta Innovates
- NRC/IRAP
- TECTERRA
- MITACS
- Agri-Canada
- Prairies Canada
Know of other funding (non-dilutive) that you’ve successfully accessed? Please share with us so we can spread the word! And, let us know if you’re applying for some support to take a 321 course, we’ll make sure you have exactly what you need to fill out those applications as fast as possible.