Did you know that you can get most of your staff training costs covered for cannabis education?
Many grants and funding programs are available for businesses in the cannabis industry.
Take advantage of these grants available to go towards your staff education and boost your business's success and stand out in the industry.
We have provided some useful resources broken down by area for you to take a look in to.
B.C. Employer Training Grant program
You can now receive up to $300,000 for skills training through the B.C. Employer Training Grant. This funding opportunity is available to small, medium, and large enterprises to support skills training for their workforces, including prospective new hires. Employers can apply for funding as needed and receive 80% of the training cost per employee, up to $10,000 per employee. The maximum annual amount per employer is $300,000.
How to apply?
Follow these 6 simple steps to receive a grant:
1. Create a Business BCeID account
2. Identify who needs training and pick a training provider
3. Use the Business BCeID account to apply online through the ETG’s Skills Training Grants System*
4. Receive decision
5. Pay for and begin training
6. Submit a reimbursement claim
What is the timeline for application?
The ETG (Employment and Training Grant) prioritizes applications based on certain factors to ensure funds support those that align best with the program's intent and the Province's broader objectives. Priority is given to first-time applicants, small businesses, and applicants from regions and industries facing challenges in hiring skilled workers. Applicants who meet all four priority factors are assessed first, followed by those meeting three, and so on. The industries and regions that the ETG prioritizes are updated yearly to adapt to changes in the labor market and economy, affecting the prioritization score over time. We do our best to provide a response within 60 days of receipt of application and we are working to reduce wait times.
Resource: For additional details and to find out if you or your employee are eligible visit Work BC to find out more.
The Canada-Alberta Job Grant
An employer can apply on behalf of their present or future employees for eligible training costs. Eligible employers are required to contribute a minimum of one third of the total training costs and the Government contributes two thirds of the cost to a maximum of $10,000 per trainee per fiscal year and $300,000 per fiscal year per employer. If hiring and training an unemployed Albertan, up to 100% of training costs could be covered up to $15,000 per trainee.
How to apply?
1. Read the applicant guide
2. Complete the correct application for your trainees on the Canada-Alberta job grant portal.
You can receive payment after training completion by accessing the Canada-Alberta job grant portal and complete the training completion.
Resource: For additional details and to find out if you or your employee are eligible visit Alberta.ca to find out more.
The Canada-Ontario Job Grant
The COJG is a stream of the Canada Job grant that is directed solely to Ontario based employers. Organizations can receive grants to reduce the costs of training and therefore expanding training budgets and helping more employees receive valuable skills. This training can apply to both new and existing employees. The available funding depends on a couple of factors as below:
Large Employers (100+ employees) - Up to 50% of eligible training expenses to a maximum $10,000 per trainee
Small Employers (Less than 100 employees) - Up to 83% of eligible training expenses to a maximum of $10,000 per trainee.
Small Employers Hiring & Training Unemployed Individuals - Up to 100% of eligible training costs to a maximum of $15,000 per trainee. All trainees are eligible for increased funding, not just those who are new hires.
How to apply?
Contact Mentor Works to discuss your training project and explore if it is a good fit for the Canada job grant.
Resource: For additional details and to find out if you or your employee are eligible visit Bmeaningful to find out more.