Co-op Funding Programs
A number of programs are available to employers to assist in hiring a student at the Undergraduate, Master or higher level. Contact the organizations involved with the following programs for additional details on eligibility and the application process:
Co-op Funding
Student Work Placement Program (SWPP)
The Student Work Placement Program (SWPP) supports hiring post-secondary students by providing wage subsidies to employers that offer quality work-integrated learning opportunities.
How much you could receive from the Student Work Placement Program (SWPP):
- Up to $5,000 for every student you hire through the program
How to apply:
Employers can apply for wage subsidies through one of the organizations funded by the Government of Canada to help students start their careers linked here.
CanExport SMEs
CanExport SMEs is looking to help small to medium-sized enterprises in Ontario increase their access to global markets.
Companies with a maximum of 500 full-time equivalent employees and who have declared between $100K to $100M in annual revenue during the last 12 months in Canada may qualify. The program provides up to $50,000 to Canadian-registered SMEs for international business development projects with potential to significantly contribute to Canada's economic growth.
Please Note: Applications are assessed on a first-come, first-served basis, and most applications are approved in 60 business days.
National Sciences & Engineering Research Council of Canada Experience Award - Undergrad Student Research Awards
The National Sciences & Engineering Research Council of Canada (NSERC) Experience Award offers companies access to talented natural sciences and engineering undergraduate students for a work term.
This cost-shared program allows students to address company-specific research and development challenges while gaining valuable industrial experience.
Gearing Up Program
Gearing Up provides post-secondary student with exposure to the mining industry through employer delivery of work-integrated learning (WIL) opportunities. The program is creating WIL opportunities, with wage subsidies up to $7,000 available to employers who offer work experience, co-op placements, internships, field placements or applied projects.
Talent Opportunities Program
Are you an employer hiring post-secondary students on quality work-integrated learning (WIL) placements, such as cooperative education and internships, related to the student’s field of study? If so, you may be eligible for a wage subsidy of up to $5,000 per student!
The Talent Opportunities Program (TOP) is an initiative of the Ontario Chamber of Commerce designed to help employers located anywhere in Canada hire college and university students on quality WIL placements related to the student’s field of study. Employers hiring eligible students may receive a wage subsidy up to 50% of the wages (to a maximum of $5,000) for each placement (‘net new’ requirements apply to businesses of 100 or more employees).
Summer Co-op Term Funding
Description: Contributions for employers to hire students during the summer.
Terms/Assistance/Benefits: Up to 50% of provincial minimum wage per hour.