Atlantic Canada Business Grants

Halifax Regional Municipality area

RBC Talent Fund

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Amount:

$3,150

Type of Program:

Wage Subsidy

Description:

The RBC Talent Fund is a wage subsidy program aimed to benefit entrepreneurial led companies based in the Halifax Regional Municipality (HRM) area. The program can help grow the business by adding bright young talent to the team through hiring SMU students.

Comments on Funding:

Funding is up to $3,150 per hire.
For full time hire, the wage subsidy can cover 50% of the wage, up to $7.50 an hour for the first 12 weeks (based on a $15/hr wage), leaving the employer to fully fund the final 4 weeks.
For part time hire, the subsidy can cover 37.5% of the total wage (or up to $5.63 an hour) for a work term covering up to 240 hours (based on a $15/hr wage). 

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

  • be a company in its early stage of development,
  • be located in the Halifax Regional Municipality,
  • hire a Saint Mary’s University Undergraduate Student,
  • provide a minimum of $15/hr wage to the new hire,
  • cover MERC (mandatory employment related costs) – CPP, EI, Vacation Pay,
  • assign an organization supervisor to act as a mentor for the participant.

Application Steps:

1

Applicants must complete the online application form.

Other Things to Note:

Made possible through the RBC Foundation in support of RBC Future Launch.

Program Contact:

RBC Talent Fund