Type of Program:
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:
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:
The applicant must:
Training participants must be:
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.
The applicant must submit:
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.