Grants for Hiring Newcomers
What are the Pre Requisites to get Grant Funding for hiring newcomers?

When considering hiring a newcomer, there are a few important criteria to keep in mind, both for employers and participants. While the specific requirements can vary depending on the funding program, here’s a list of general prerequisites that might be helpful to remember:

What Does Your Business Need to Qualify for Grant Funding?

To be eligible for grant funding aimed at hiring newcomers, businesses generally need to:

• Be a registered and operating entity within Canada.
• Demonstrate financial stability and the ability to sustain employment.
• Agree to adhere to the grant’s terms, which could involve detailed reporting on fund usage.
• Possibly offer mentorship throughout the placement period.
• Operate within an industry related to the newcomers field of study.

What Do Newcomers Need to Qualify for Grants?

Newcomers typically need to:

• Have arrived in Canada within the past 5 years.
• Hold permanent residency or Canadian citizenship (in most cases).
• In some cases, open work permits or specific student visas may be eligible, although this is less common and depends on the grant program.

In summary, remember that these prerequisites can differ based on the specific funding program, and what we’ve covered here are just some of the general requirements. Generally, a “newcomer” is defined as someone who has been in Canada for less than five years and is usually required to be a permanent resident or Canadian citizen. This detail is often overlooked when reviewing the criteria. While open work permits are typically not accepted, there are occasional exceptions, so it’s important to be aware of this nuance.