ACCESS TO CAPITAL

CAPITAL FOR HIRING

Grant

BioReady Paid Internship Program

Total Amount

$11,500

Matching Required

Up to 50%

Use

Funding to hire a recent immigrant to Canada with international credentials in biotechnology.

Eligibility

Company must provide a full-time work opportunity for at least six months.

Grant

MITACS Accelerate

Total Amount

$15,000

Matching Required

$7,500 cash

Use

Hire graduate students and post-doctoral fellows to work on business related research challenge (all disciplines).

Eligibility

Candidate spends 50% of time on site at company and 50% of time at university conducting research. Open application.

Grant

MaRS Embark Funding

Total Amount

Up to $20,000 (including HST)

Matching Required

12.5% requested ($2,500 cash)

Use

Funding to hire a young professional (22-29) in a business role full-time.

Eligibility

Novel Ontario-based tech venture established for at least one year. Pre-revenue or under $2 M in total funding, or under $1M in revenue for a given year.

Grant

MaRS Embedded Executive

Total Amount

Up to $50,000 (including HST)

Matching Required

30% requested (up to $15,000 in cash)

Use

Funding to hire a senior level executive to help achieve next growth milestone.

Eligibility

Ontario-based tech ventures with a launched product.

Grant

NRC (Youth-Green)

Total Amount

$10,000

Matching Required

Use

Youth (15-30) internship focused on roles producing an environmental benefit or working with business in green economy

Eligibility

Incorporated and for-profit. Must hire for minimum of three months and maximum of six months.

Grant

NRC IRAP - Youth Employment Program

Total Amount

Up to $30,000

Matching Required

Use

Financial assistance to hire post-secondary graduates working on research, development and commercialization.

Eligibility

Incorporated and for-profit with fewer than 500 full-time employees. Open Application

Grant

NSERC Experience Award

Total Amount

$4,500

Matching Required

Use

Funding for R&D research using a undergraduate student for a work term

Eligibility

Student must be a Canadian citizen or permanent resident of Canada.

Grant

OCE Talent Edge

Total Amount

$20,000 (Internships), $85,000 (Fellowships)

Matching Required

$10,000 (Internship), $50,000 (Fellowship)

Use

Connects companies to students/recent grads to help solve industry problems.

Eligibility

Open to all disciplines. Must have project-based R&D component.

Grant

Ontario Exporters Fund

Total Amount

Up to $80,000

Matching Required

1:1 matching

Use

Provides funding for Ontario company to hire experienced Export Manager.

Eligibility

Minimum 5 employees, maximum 500. Registered company for at least two years. $3-20M in sales (exports account for 10-50% of annual sales).

Grant

Student Work-Integrated Learning Program

Total Amount

Up to $7,000

Matching Required

Up to 70%

Use

Assisting STEM students gain work experience to prepare for jobs in high-demand fields

Eligibility

Must be a small or medium sized enterprise. Ideally should partner with a post-secondary institution.

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