If you are a small business owner in Canada or are thinking about starting your own small business, it’s important to note that government funding programs for hiring staff exist to help you out.

In fact a lot of Canadian small business owners take advantage of the government funding to help them through the startup phase as well as expansion phase for the already existing businesses.

So what do you know about funding programs for hiring staff? Could you benefit from this?

Government Funding Programs For Hiring Staff

Funding programs for hiring staff exist and are offered by various levels of the Canadian government. These funding dollars come from local, provincial and federal government funding agencies.

While these funding programs are available, they are a bit difficult to locate.

Yet many small business owners all across Canada are able to benefit from them.

How are funding programs for hiring staff used?

If you have a small business or are considering starting one up, the funding programs that are available via the government to help you hire employees are used exactly for that; to help you hire employees and pay them.

Certain funding programs such as wage subsidies are available to cover all or part of the salaries of you employees for up to a year (up to 52 weeks).

From the moment you apply, you would be provided a pool of people who fit the criteria to be eligible for the wage subsidy. These people could be anybody like a student, recent graduate or those who have specialized trades.

Once you find the individual(s) you’d like to have to join your team, the government funding program in this case the wage subsidy program will provide and pay 50 % to 100% of that individuals wages while they are working for you for up to the 52 weeks mentioned.

What is the benefit to you?

The benefit of wage subsidy programs or funding programs for hiring staff is that you get to hire qualified staff while you don’t have to pay their full wage for up to 52 weeks.

It works 2 ways:

The first way; if you are starting out, think about how much easier it would be to be able to hire help who can assist you with any and all duties while the government pays their wages?

The second way, let’s say you want to hire a engineer (for example) but the engineer charges $75 per hour and you don’t see any way of hiring them as it’s too expensive. Well under the special trades opportunity, you may be able to hire them and have the government funding program provide a portion of the wage support up to 52 weeks so you could technically end up getting their help for free (if covered 100%) or have to pay only 50% or so.

Wouldn’t that be great?

Are you eligible for funding programs to hire staff?

There are many different funding programs to hire staff in Canada. Are you eligible?

Well, it’s not just as easy as 1,2,3. A bit of work on your end is required and that means following a process.

The first step of finding out if you are eligible for any funding programs to hire employees staff for your own small business is to develop a professional business plan.

A properly created business plan will show all about your business plus the funding needs which you have as a business – in this case that would be a need for hiring staff.

Once your business plan is done the next step is locating the funding programs to help you hire employees.

You can visit the government website or contact your local MP office; or alternatively you can use the help provided by our experts and access our Funding Database to get your access to the wage subsidies and other funding programs to hire staff and more.