Student Work Placement Program up to $7,000

College and University Interns Receive up to 100% of Salaries in Funding

The Student Work Placement Program (SWPP) provides businesses a Grant of up to $7,000. Through SWPP businesses are able to hire Co-op and non-Co-op College or University Students. Paid internships are a win-win situation for both parties – the Student gets valuable work experience and receives credits from the College or University for their work placement if they are in a Co-op program, and the Employer is able to hire an employee at a reduced cost. If your company is looking for extra help or would like to build your future workforce consider hiring through SWPP for a 16 week work placement. 

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What is a the Student Work Placement Program (SWPP) ? 

  • SWPP is a financial incentive given to Employers to offset the costs of hiring a College or University Co-op or non-Co-op student for a 16 week internship 
  • Multiple students can be hired through SWPP at the same time 
  • If the College or University Student is a Co-op Student, the Employee may apply for the SWPP in additional to the Co-op Salary Refund of $3,000 

Company Eligibility Requirements: 

  •  Company must be in business for a minimum of 1 year

  •  Company must be making payroll deduction from the student including CPP, EP and Income Tax deductions

Funding Amounts 

 50% of the Student’s salary to a maximum of $5,000. The subsidy is increased to 70% to a maximum of $7,000 for Employers hiring Students from under-represented groups including: 

  • Women studying Science, Technology, Engineering, Maths (STEM), or business 
  • Indigenous students 
  • Visible minorities 
  • Recent immigrants (within 5 years) 
  • Persons with disabilities 
  • Students in their first year of study, or 
  • Students on their first work-term (relevant to their field of study) 
For more information
Call 905-678-6368 or email daniel@akrconsulting.com

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