Wage Subsidies Available to Prince Edward Island Businesses
Employ PEI – For Employers
Amount: No Fixed Amount Type of Program: Subsidy Description: Employ PEI is an employment program to help job seekers develop new skills and gain work experience through on-the-job training. By providing a temporary wage subsidy to an employer, it helps create long term employment opportunities and assists the employer with the cost of hiring and
Jobs for Youth Program
Amount: No Fixed Amount Type of Program: Subsidy Description: The Jobs for Youth Program offers wage support for employers to create employment opportunities for PEI students. This program is designed to create jobs for Island students by assisting local organizations, businesses, and government departments to carry out projects which will benefit Island communities. Comments on
Rental Incentive Assistance
Amount: No Fixed Amount Type of Program: Subsidy Description: The Rental Incentive Assistance contributes to rental costs for Prince Edward Island companies to establish a new business or to expand existing production capabilities. Assistance may be as a contribution towards the cost of leasing additional space in any community in the province, or competitive rates
Digital Skills 4 Youth PEI’ (DS4Y PEl)
Amount: $21,500 Type of Program: Subsidy Description: Digital Skills 4 Youth PEI’ (DS4Y PEl) is a new internship opportunity for Island youth that provides financial support to Island businesses or non-profit organizations who will act as ‘Intern Host Organizations’ (IHOs). Comments on Funding: Funding is a maximum of $21,500 per intern in salary funds,
Graduate mentorship – For Employers
Amount: No Fixed Amount Type of Program: Subsidy Description: The Graduate Mentorship Program is an employment program developed to help employers create long term employment opportunities for unemployed recent post-secondary graduates in their field of study. Comments on Funding: Funding is a subsidy of up to 50% of the wages, up to a maximum contribution
Self Employ PEI
Amount: No Fixed Amount Type of Program: Subsidy Description: Self Employ PEI is an employment program developed to help Prince Edward Island job seekers who want to launch their own business. This program provides financial support and business counseling to new entrepreneurs during their first year of operation. Comments on Funding: Each week the applicants
Post-Secondary Student Program
Amount: No Fixed Amount Type of Program: Subsidy Description: The Post-Secondary Student Program through Skills PEI provides employers a wage subsidy reimbursement and supports students working 12-14 weeks during summer and entering or returning to full-time post-secondary studies. Comments on Funding: Positions approved for wage assistance will be funded or reimbursed as follows: Non Profit
Wage Support for Potato Exporters
Amount: No Fixed Amount Type of Program: Wage subsidy Description: The Wage Support for Potato Exporters assists the Prince Edward Island potato industry and trucking companies impacted by the closure of the US border to the export of table stock potatoes. Comments on Funding: Funding is a wage subsidy of 100% of wage and benefit
Ready-To-Work (RTW) Youth Program
This program is currently closed. Amount: No Fixed Amount Type of Program: Wage Subsidy Description: The RTW Youth Program is a fully funded federal program and is intended for youth aged 15-30 who are facing a barrier in their life holding them back from obtaining meaningful employment. The program has an 8 weeks classroom training
Special Projects Program – Employers
Amount: No Fixed Amount Type of Program: Wage Subsidy Description: The Special Projects Program – Employers provides 100% minimum wage support for non-profit organizations in PEI and municipal and provincial government departments and agencies in PEI to create temporary employment for Islanders in need. Employers can “top-up” wages using their own resources. Comments on Funding: