Funding

We’ve compiled a list of funding resources that employers can take advantage of for their co-op hiring.

Funding for co-op students is the responsibility of the employer. However, some federal, provincial, and private organizations offer subsidies and grants to hire students.

Student Work Placement Program (SWPP)

The federal Student Work Placement Program (SWPP) provides wage subsidies for employers to hire post-secondary students across Canada.

Through SWPP, employers can receive subsidies of 75% of a student’s wages, up to a maximum of $7,500.

Access SWPP Funding

In order to access funding, you must apply through one of the below organizations. Due to the diversity of eligible roles and sectors, most UBC Arts Co-op employers would find the best fit through Magnet, TechNation, Talent Opportunities Program, and Information and Communication Technology Council (ICTC).

The program is delivered by Magnet along with a range of recognized associations and organizations who represent key industries and sectors in Canada. Eligible employers can be from any industry, except for large institutions from the financial sector. Federal, provincial, territorial and municipal governments, as well as federal and provincial Crown corporations, also do not qualify.

An eligible employer must be willing to provide a quality work experience in roles that immerse a student in the use of technology. Tech and non-tech focused organizations are encouraged to apply.

Roles can be in the fields of:

  • Arts & Interdisciplinary
  • Business & Business Technology Management
  • Computer Science & Engineering
  • Computer Systems Technology

The program is delivered by the Ontario Chamber of Commerce and is open to registered Canadian businesses or not-for-profit organizations located anywhere in Canada, operating in any sector. Exceptions include major financial sector employers and federal, provincial, territorial or municipal governments.

The program targets employers whose core business is in emerging IT and ICT-digital sectors. Alternatively, the position may still be eligible if the application clearly demonstrates that the position offered is directly involved in the development or implementation of an emerging technology.

The CCAA helps post-secondary students in science, technology, engineering, math (STEM) and business programs get work experience they need to prepare for jobs in these high-demand fields.

This program supports employers and post-secondary partners to help students kick-start their career path in the environmental sector.

This program supports employers and post-secondary partners to help students kick-start their career path in the environmental sector.

This funding is intended to create work-integrated learning opportunities in the electricity sector.

Employers must be Canadian-owned or a Canadian subsidiary, and in one of the following categories:

  • Small, medium or large companies involved in the mining or mineral exploration sector;
  • Post-secondary educational institution; or
  • Not-for profit organization.

Funding is available to a range of employers across Canada, if:

  • You’re an SME, start-up, social enterprise, nonprofit, or charity
  • Your business is located in BC, AB, MB, SK, NB, NS, PEI, or NL
  • You have between 1 - 500 employees
  • You can provide an internship opportunity that allows Venture Canada interns to contribute to new initiatives or add new value to your organization.
  • All industries welcome

Funding is intended to support Canada's manufacturing and related sectors (e.g. North American Industry Classification - NAICS codes 31-33).

Canada Summer Jobs Program

Canada Summer Jobs (CSJ) is an initiative of the Youth Employment and Skills Strategy.

It provides funding for not-for-profit organizations, public-sector employers, and small businesses with 50 or fewer employees to create high-quality summer job opportunities for youth between the ages of 15 and 30.

For more information, visit the Employment and Social Development Canada website.

Young Canada Works Program

Young Canada Works (YCW) 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.

Young Canada Works (YCW) sponsors 2 summer job programs for students:

BC Arts Council: Co-op Placements Program

The BC Arts Council’s Co-op Placements Program provides arts and cultural organizations from across British Columbia with support in hiring students through co-op placements for professional work experiences.

BC Tech Co-op Grants Program

BC-based organizations with less than 500 employees can receive up to $20,000 per year to hire co-op students.

Each employer is eligible to receive a maximum of 4 grants per program year (each valued at $5,000 for a total value of $20,000), to recruit and train between 1-4 distinct co-op students.

Eligible organizations must be based in BC with fewer than 500 employees and can be:

  • A tech company or tech non-profit hiring for any role, or
  • A non-tech company, organization or non-profit hiring for a tech role

(A tech role is defined as a role primarily related to developing tech or providing tech support)

Mitacs Accelerate

Support your hiring of an undergraduate or graduate co-op student with Mitacs Accelerate – a national internship program that connects companies and other organizations with Canada’s universities.

  • Funding: $10,000-$15,000 per 4-6 month internship with the employer contributing $5,000-$7,500 per internship.
  • Eligibility: For-profit and not-for-profit organizations in Canada, for-profit organizations operating outside Canada. In 2020/2021, municipalities are also eligible.
  • Timelines: Apply anytime and applications are reviewed in 6-8 weeks.

During an Accelerate internship, 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 term, the student will spend at UBC further advancing the research under the guidance of a faculty supervisor.

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