Funding Resources

Looking for funding? We can help.

Our team is connected to a wide variety of funding partners and programs – let us be your gateway to funding that meets your organization’s needs. Contact us to learn more about these programs and determine your eligibility – email us anytime at hiremasters.utsc@utoronto.ca

 

Canada Summer Jobs

Canada Summer Jobs provides funding to not-for-profit organizations, public-sector employers and small businesses with 50 or fewer employees. This funding is designed to create summer jobs for young people aged 15 to 30 who are full-time students intending to return to their studies in the next school year.
COVID-19 update: employers can now access up to 100% of the provincial or territorial minimum hourly wage for each eligible employee. Work terms end dates have also been extended to February 21, 2021.

 

Co-operative Education Tax Credit

The Co-operative Education Tax Credit is a refundable tax credit for Ontario-based co-op employers who hire students enrolled in a co-operative education program at an Ontario university or college. Corporations can claim 25% of eligible expenditures (30% for small businesses), for up to a maximum credit of $3,000 per co-op term. Our MEnvSc work terms are a minimum of 16 weeks in length. Eligible corporations can claim the tax credit on Schedule T2SCH550 of their T2 Corporation Income Tax Return.

 

Green Jobs Science & Technology Internship Program

Green Jobs Science & Technology Internship Program (STIP) is funded by Natural Resources Canada. Green Jobs STIP provides wage subsidies for hiring organizations in the natural resource sectors to host eligible interns for six to 12-month internships. Eligible employers will be provided with salary support of up to 80% of an intern’s salary, to a maximum of $10,000. The application deadline to submit a proposal is typically in mid-April.

 

Mitacs Accelerate

Mitacs Accelerate leverages research projects between industry partners and academic researchers. Internships start at four months with opportunities for extension. Successful applicants are required to contribute a minimum of $7500 contribution to receive a $15,000 research award. Eligible partners include for-profit and not-for-profit corporations in Canada, for-profit businesses operating outside Canada, and eligible intern-owned start-ups at approved incubators from all sectors.

Interested in exploring a collaborative research project with University of Toronto faculty? Please contact us directly for more information.

 

Student Work Placement Program

The Student Work Placement Program (SWPP) funds employers from organizations in biotechnology, information and communications technology, aviation, aerospace and environmental sectors, who may be eligible for wage subsidies for each student.
COVID-19 update: employers can now be eligible to offset 75% of co-op student wages up to a maximum of $7,500 for each eligible co-op student. Measures will be in place until March 31, 2021.

Notable SWPP programs for environmental organizations include: