Labour Force Training

Amount:

$40,000

Type of Program:

Grants

Description:

The Labour Force Training Program provides funding to eligible New Brunswick businesses and organizations to train individuals who are being considered for an available job in their company and/or to improve the skills and opportunities of their new or existing employees.

Comments on Funding:

There are two levels of funding available:

Level 1 provides 50% funding, through a reimbursement of eligible training costs based on the program consultant’s assessment.
Level 2 provides 25% funding, through a reimbursement of eligible training costs based on the program consultant’s assessment.

The maximum government contribution per employer, per region, per fiscal year is $40,000.
The minimum eligible cost per training, per fiscal is $500.
The applicant must financially contribute towards the eligible training costs. The contribution amount is based on the department level of funding.

Applicants may receive funding contributions from other federal and/or provincial departments and/or the private sector towards the training provided that the funding is not for the same total costs eligible under the Labour Force Training program, and/or is not being used by the applicant towards their contribution.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

be private sector,
be non-profit organizations,
be First Nations,
be Regional Service Commissions;
have their place of business in New Brunswick.

Training participants must be:

current employees or the owners of the company,
employed by the applicant,
potential employees be selected by the applicant who must require training to obtain an available job with the applicant,
legally entitled to work in Canada,
working in N.B. on a permanent basis.

Application Steps:

Applicants must submit the completed application form to Government of New Brunswick, Department of Post-Secondary Education, Training and Labour.

Applications must be received prior to training start date.

Applications must be assessed and approved prior to training start date.

Documentation Needed:

The applicant must submit:

the completed application form,
the training proposal and curriculum from the training provider.

Other Things to Note:

No other details available.

I did not find the details regarding the two levels of funding from the NB website, but I came across a reading material about it from Google (external source), I just stayed it as is as they emphasized that ""The contribution amount is based on the Department level of funding.

Program Contact:

Labour Force Training

Labour Force Training Application Form

New Brunswick Small Business: Complete Guide for Entrepreneurs

How to Get a Small Business Loan in New Brunswick: Quick Guide for NB Entrepreneurs

Business License New Brunswick: Step-by-Step Guide, Costs & More

Franchise Opportunities in New Brunswick: How to Find Franchises for Sale + Mistakes to Avoid