B.C. Tech Co-op Grants increases funding to $20,000
B.C.-based companies of up to 500 employees can receive up to four $5,000 grants — that’s $20,000 per year — to hire co-op students.
Innovate BC is pleased to offer the Tech Co-op Grants Program to support talent development in B.C.’s Science or knowledge put into practical use to solve problems or invent useful tools. sector. Tech companies and non-profits hiring for any role and non-tech companies hiring for tech-specific roles can receive funding through this program to help subsidize their co-op student’s salary.
Previously, the Tech Co-op Grants Program provided grants of up to $2,700 for B.C.-based companies under 100 employees to hire co-op students. Now, the program has been expanded so we can better support as many tech SMEs and students as possible.
The program provides an incentive for small and medium-sized businesses to recruit and train co-op students. For students, they acquire skills and knowledge for future integration into the workforce as well as hands-on tech experience.
To learn more about the ways B.C. companies have taken advantage of the Tech Co-op Grants Program, check out some of these success stories:
- Seven BCIT students help develop machine learning to analyze political performance
- Growing fast, Trulioo uses hiring grant to fill the gaps
- Regional rehabilitation company takes advantage of tech co-op grant
Could your company benefit from hiring fresh talent for your team? Let us help you. Apply for a Tech Co-op Grant — applications open on March 16: innovatebc.ca/what-we-offer/get-funding/co-op-hiring-grant/.