How These Canadian Companies Saved Over $10,000 Through Hiring Grants
Wouldn’t you love to get $10,000 or more to hire a motivated young professional for your business?
Great news! You don’t have to be a fancy tech company to get hiring grants from the government. In fact, almost every industry can qualify for employment grants to bring someone on their team if they meet the grant criteria, including restaurants.
Why is the Government Giving Hiring Grants for Canadian Businesses?
Because job creation is really important for both the federal and provincial government, there are a variety of employment grants to help small and medium-sized businesses. They are especially focused on giving young people under 30 years old meaningful work experience.
With interest-free funding, companies can recruit new staff to complete more projects, get fresh ideas and achieve more business objectives. Employment grants can subsidize someone’s salary or training expenses. For many of our clients, interns or new hires have been retained for permanent or long term positions.
Do hiring grants sound too good to be true?
We’ve helped businesses in a range of industries secure over $2,800,000 in funding. Here are a few of the many success stories from three completely different types of companies.
Top 5 Strategies to Win Canadian Government Business Grants
Since 2001, we have worked on more than 6,000 government grant applications and secured over $15 million in funding for small and medium sized businesses in Canada. At a 92% success rate, we’ve learned a lot about the most effective ways to secure funding for small and medium sized businesses.
We want to share and dive into the top 5 grant application strategies your business can implement immediately to maximize your chances of getting interest-free money.
Top 5 Myths About Grants in Canada
There are many myths about government grants that stop too many companies from applying for them. As a result, businesses across industries miss out on thousands or even tens of thousands of dollars worth of Canadian government business grants.
Would you believe that less than 10% of small and medium businesses took advantage of up to 26 billion dollars of government grants and tax credits. That’s crazy!
We have helped over 700 companies secure 15 million dollars in interest-free funding. But we want to see more companies get money to expand their business, hire more people and provide training to their team.
We have come across every myth there is out there about Canadian government business grants and these are the top five. Don’t let these myths stop you from getting free money for your business.
9 Ways We Could See Canadian Federal Government Grants for SMEs in 2019
Have you been following all of the media coverage and passionate Twitter discussions on Canada’s 2019 federal budget?
If not, that’s ok. That’s our job.
To recap, on March 19, 2019, Federal Minister of Finance Bill Morneau presented the Liberal government’s fourth federal budget titled “Investing in the Middle Class.” 2019 federal grants are heavily focused on investments in skill development and innovation. In total, the budget includes $22.8 billion in new spending over five years.
In case you haven’t read the 464-page budget, our team of grant gurus have taken the time to highlight the opportunities that small and medium-sized enterprises (SMEs) can take advantage of.
Don’t get overwhelmed with the sea of possibilities. Get excited! We’ll help you navigate the waters and connect with us anytime you have questions.
A Unique Training Experience at Granted
By: Stephanie Sang, CEO of Granted
Many of you have leveraged the BC Jobs Grant to up-skill your staff over the past year, and of course, at Granted, we also took advantage of this program to train our own team in 2017. We were looking for training to increase our team’s focus, awareness, and productivity in the workplace. Through our training provider network , we were introduced to Scott Orth from Mindful Wisdom who provided our team with mindfulness training. We were grateful in that we were approved by the BC Jobs Grant to cover two-thirds of the cost. I will say that as a result of this training, our team dynamic has grown positively in both a unique and special way.