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Innovate BC Announces Increases Funding to $20,000 for its B.C. Tech Co-op Grants
Tuesday, March 17, 2020Company Profile | Follow Company
B.C.-based companies of up to 500 employees can receive up to four $5,000 grants — that's $20,000 per year — to hire co-op students.
Vancouver, BC, March 17, 2020--(T-Net)--Innovate BC has announced an expansion and increased fnding available for its Tech Co-op Grants Program.
The Tech Co-op Grants Program supports talent development in B.C.'s technology sector. Tech companies and non-profits hiring for any role and non-tech companies hiring for tech-specific roles can receive funding through this program to help subsidize their co-op student's salary.
Previously, the Tech Co-op Grants Program provided grants of up to $2,700 for B.C.-based companies under 100 employees to hire co-op students. Now, the program has been expanded so they can better support as many tech SMEs and students as possible, according to the organization.
B.C.-based companies (of up to 500 employees) can now receive up to four $5,000 grants — that's $20,000 per year — to hire co-op students.
The program provides an incentive for small and medium-sized businesses to recruit and train co-op students. For students, they acquire skills and knowledge for future integration into the workforce as well as hands-on tech experience.
To learn more about the ways B.C. companies have taken advantage of the Tech Co-op Grants Program, check out some of these success stories:
Could your company benefit from hiring fresh talent for your team? Apply for a Tech Co-op Grant — applications open on March 16: innovatebc.ca/what-we-offer/get-funding/co-op-hiring-grant/.
About INNOVATE BC
Helping industries grow
Every day, we at Innovate BC come to work to serve and celebrate innovation in British Columbia, helping our industries grow, while ensuring the benefits of our thriving technology are felt by people in all regions of our province.
We represent the government of British Columbia and the people who make up our innovation ecosystemAn interconnected network of support, infrastructure, facilitators and peers in which innovators can thrive and interact. in every corner of our province — and we're proud of the role government plays in funding, supporting and building connections for innovators.
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