In addition to the workplace benefits you'll receive from becoming a co-op or internship employer, there are financial resources available to help you fund co-op or internship student positions.
Organizations assisted by the BC Arts Council or incorporated non-profit arts and cultural organizations assisted through the programs of the BC Arts Council’s Share Cost Arrangement partners who demonstrate the need for financial assistance can apply for funding through the Council.
Hiring a student for a co-op work term? Apply to get a $2,700 grant!
The BC Tech Co-op Grants Program provides almost a 25% subsidy towards a co-op student’s salary. The program is designed to help employers who are hiring young talent and to introduce students to tech-related careers.
BC businesses benefit from co-op students’ fresh ideas and readiness to learn, while students gain work experience and valuable business and technical skills.
Learn more about your eligibility for a BC Tech Co-op Grant.
Young Canada Works (YCW) subsidizes up to 2,780 job opportunities. These 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. From an employer’s perspective, fresh ideas and competitive skills are made available. Young Canada Works (YCW) sponsors three summer job programs for students:
- YCW in Heritage Organizations
- YCW in Both Official Languages
The CICan Clean Tech Internship Program matches potential interns with opportunities to work for eligible employers that are improving environmental and economic outcomes in Canada. Employers who hire an intern are eligible for a subsidy up to $12,000. Interns are college and institute graduates from a science, technology, engineering or mathematics (STEM) program.
Funding is provided through Environment and Climate Change Canada’s Science Horizons Program and Natural Resource Canada’s Youth Employment Strategy Science and Technology Internship Program. Our internship programs give eligible employers who work in science, technology, engineering, mathematics (STEM) or natural resources up to 50% of an intern’s salary (up to $15,000) for new full-time environmental jobs.
“NRC-IRAP provides non-repayable contributions to Canadian SMEs interested in growing by using technology to commercialize services, products and processes in Canadian and international markets.”
To learn more about IRAP funding available for Canadian SMEs, call NRC-IRAP (1-877-994-4727skypec2c://r/2041-877-994-4727) to find a regional office near you or visit the IRAP homepage. An IRAP Industrial Technology Advisor will consult with you and assess whether your enterprise is eligible.
Canada Summer Jobs provides funding to help small businesses, public sector employers, and non-profit organizations to hire students during the summer term. Funding available to approved employers: up to 50 per cent of minimum wage for private companies and public sector employers, and up to 100 per cent of the minimum wage for non-profit organizations. Application period is in late January-early February of each year; employers are notified of the outcome of their application in May.
ECO Canada is pleased to offer the Student Work-Integrated Learning Program (SWILP) a Co-op Placement Program through funding from Employment and Social Development Canada. The SWILP Co-op Program offers eligible employers up to $5,000 in wage subsidies to hire students for meaningful environmental 16 weeks placements in science, technology, engineering, mathematics or business within the environmental sector.
Provides a 10 per cent tax credit to qualifying corporations, claimed when filing the T2 Corporation Income Tax Return.