College and University Interns Receive up to 100% of Salaries in Funding By Bonny Koabel CPA, CGA
F
ood Industry organizations with the assistance of Federal Government funding have just launched a funding program of up to $7,500 to assist Food Processors with hiring College and University students for work placements. The new funding program is called CareerNOW! and seeks to link Employers with College and University students for work placements. Paid work placements are beneficial for both Employers and Students - the Student gets valuable work experience and may receive credit from the College or University for their work placement, and the Employer gets the assistance they need at a reduced cost. In order to qualify for funding the Employer must hire a College or University student for 16 consecutive weeks. What types of Co-op Students can I hire? CareerNOW! is opened to students in all fields of student including – Computer Science, Engineering, Food Science, Human Resources, IT, and Marketing. CareerNOW! students are able to fill a variety of roles in Food Processing facilities including IT and tech support, to website development, internet marketing, Search Engine Optimization (SEO), Quality Control and Engineering Support, Sales Support and branding.
How do I get started with the CareerNOW! Funding Program? If you are interested in using the CareerNOW! Funding Program here are the steps: 1. Th e Employer will need to complete the online application and assign an individual in their company as an Onsite Contact for the next steps. Here is the application link: https://magnet. whoplusyou.com/lp/CareersNOWforBusiness 2. Once your application and needs assessment survey are reviewed and deemed acceptable the employer participation will be confirmed. 3. Once the application is approved the Employer you will receive an Employer Commitment letter and package for signing. 4. Once the Employer funding is approved the Employer is now ready to hire a College or University student for 16 weeks. 5. After the College or University student has completed their work placement the funding will be sent to the Employer. Additional Co-op Salary Funding of up to $3,000 In order to qualify for an additional $3,000 in funding the Employer will need to hire a College or University Student in a Co-op Program. As part of the College or University Co-op program students are required to work at least 16 weeks every year in paid work placement. If you are looking to hire a College or University Co-op Student here is a list of some of the Colleges and Universities in Ontario to contact in order to find students for work placements:
Specialists in Government Funding to the Food Industry including CAP, Hiring Grants, SR&ED, Energy Savings and Training Grants. Call us and find out how you can start saving money AKR CONSULTING CANADA INC. 151 Courtneypark Drive West, Suite #100 Mississauga, ON L5W 0A5 T: (905) 678-6368 | F: (905) 677-1700 info@akrconsulting.com www.akrconsulting.com
Colleges Centennial Niagara
Fawshawe Seneca
Universities Brock McMaster Queens University of Toronto Western
Carlton University of Ottawa Ryerson Waterloo Wilfred Laurier
Job Placement Requirement in order to Qualify for Funding In order for the students work placement to qualify for the additional Co-op Salary Funding of $3,000, the work placement must meet all of the following conditions: • the Student must perform employment duties related to their field of study • the work placement must be pre-approved by the Student’s school • the placement must be for a period of 16 weeks • the Company must agree to supervise and evaluate the job performance of the Student Continued on page 14
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BlockTalk - Fall 2021
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