Amount:

$7,500

Type of Program:

Wage Subsidy


Description:

The Co-op Student Placement wage subsidy covers up to 75% of a student’s wages up to a maximum of $7,500 when employers hire the brightest minds in Science, Technology, Engineering, Art, Math (STEAM) and Business.

Federal funding, including the Canada Emergency Wage Subsidy (CEWS), cannot exceed 100% of the wages earned when combined with the ECO Canada Student Work Placement (SWP) funding.

Comments on Funding:

Funding is up to 75% of a student’s wages up to a maximum of $7,500.
Additional funding is available for underrepresented groups.


When It Ends:

Accepting applications

Deadline:

Next deadlines to be determined

Eligibility:

Applicants/ host organizations must:

  • be employers;
  • provide a paid work term in a STEAM/business role. Work terms are flexible (from work placements as short as 6 weeks, to a maximum of 16 weeks, that are full time or part time; placements must be a 180 hours, students will be able to work from home),
  • open a new position related to the environment or an environmental project.

Students must:

  • must currently study at a university or college in the areas of Science, Technology, Engineering, Art or Math (STEAM) and Business;
  • must be a Canadian Citizen, Permanent Resident, or have Refugee status;
  • there is NO AGE RESTRICTION (Students over the age of 30 are eligible for the SWP funding).

Federal, Provincial, Territorial, and Municipal governments are not eligible under the Student Work Placement Program (Co-op).

Applications Steps:

Applicant must:

1

take the eligibility Quiz and complete the online host application to get approved,

2

find a Candidate for the approved position and have them apply (Employer hosts and approved Candidate become linked and contracts are issued.).

Other Things to Note:

Funding Update (January 2022): Limited availability for winter co-op - apply soon.
Summer 2022 applications coming soon. Limited winter placements still available.

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

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