BC Tech Co-op Grants

A great way for employers to get almost 25% of a co-op student’s salary funded. Eligible employers get $2,700 – almost 1 month of the student’s salary!


Who’s eligible?

Eligible employers must meet all requirements:

  • Are established in BC.
  • Have 99 employees or less on payroll.
  • Are either tech companies or non-tech companies, organizations or non-profits hiring for a tech role.
    • A tech role is either a role at a tech company or a role primarily related to developing tech or providing tech support.
  • Are hiring a student for a co-op work term. If you’ve hired a student for a co-op work term in the last 5 years, then you must hire a first-time co-op student.

Three Easy Steps to Apply

There are three steps to apply for a grant:

  1. Define the role and create a job posting.
  2. Contact an accredited co-op department in BC to have the job approved and posted. Please check with the co-op administrator to ensure that the program of your choosing is accredited.
  3. Submit your BC Tech Co-op Grant application.

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BC Tech Co-op Grant Details

Download more information on the BC Tech Co-op Grants Program.

What is a co-op work term?

A co-op work term is an opportunity for post-secondary students to gain work experience while still in school. Companies looking for fresh, eager-to-learn talent hire students on temporary contracts. Students spend the semester working for the company and get academic credit for it Co-op students are typically hired for 4 or 8 months, covering 1 or 2 semesters.

Co-op hiring is coordinated through the post-secondary institutions. To be eligible for a BC Tech Co-op Grant, the student must be hired through an accredited co-op program.

What’s a tech role?

Two things count as a tech role:

  1. A role in a tech company
  2. A role that is primarily related to developing tech or providing tech support. Some examples include:
  • 3D programming
  • iOS development
  • computing science
  • development of web applications (applications that run online, not websites)
  • tech support
What is the definition of a first-time co-op student?

This means the student has never completed a co-op work term with an accredited co-op program. The student needs to be part of an accredited co-op program and be hired through this program.

Does it matter which university or college my student is from?

Yes. In order to be eligible to receive a grant, the student must be enrolled in an accredited co-op program. You must also hire the student through the co-op program.

How long does it take to process an application?

A typical application is processed within 20 business days. You will then be notified whether you have received conditional approval or have been declined.

Are there any timing considerations?

Co-op work terms start at three different times during the year. We suggest posting a few months ahead of when the co-op term you are hiring for begins.

  • Spring (Jan – Apr)
  • Summer (May – Aug)
  • Winter (Sep – Dec)
Can I apply to receive a grant before I hire a student?

Yes! Please note, the usual eligibility requirements concerning student roles for work placements still stand.

Can I apply for a grant after the work term has ended?

Yes! This another great benefit of our program. You have until March 15th, 2018 to apply for a co-op term that took place in Summer 2017 or Winter 2017 or Spring 2018.PLEASE NOTE: Any placement completed before May 1st, 2017 is not eligible for retroactive approval.

I have hired a student for an 8-month co-op contract, is my company eligible to receive a grant?
Yes. In fact, you are eligible to receive two grants – one for each semester of the 8-month contract. However, you will be required to apply twice. In your second application, please make note that the student is in a continuing role on an 8-month contract.
Are we eligible for a Tech Co-op Grant if we received an Innovator Skills Initiative (ISI) voucher in the past?
Yes. However, you cannot receive both a Tech Co-op grant and an ISI voucher for the same student in the same work term.
Are we eligible for a Tech Co-op Grant if we received other funding for the student?
Yes. However, you cannot receive both a Tech Co-op grant and ISI voucher for the same student in the same work term.
What do I need to do once I’ve received grant approval?

In order to receive the grant funds, employers will need to have done three key things:

  • An employer must hire a student from an accredited co-op program. One of two conditions must be met to satisfy this requirement. Either:
    • The student has never completed a co-op term in an accredited program; OR
    • The company is hiring a co-op student for the first time in five or more years.
  • Employers need to confirm from which accredited co-op program the student was hired. The employer will be asked for confirmation mid-way through the 4-month term.
  • Employers are required to fill out a survey indicating their satisfaction with the program. Survey responses will not impact the company’s eligibility for future grants. Employer satisfaction surveys are compulsory. Students will also be asked to fill out a satisfaction survey; however, student response is optional.
When will I receive my grant cheque?

Grant cheques will be mailed at the end of the student’s co-op term. Typically, cheques arrive in the 4th or 5th month following the start of the co-op term.

For example, a Summer 2017 (May – Aug) grant cheque will be mailed in August or September.

Contact
Thomas Partridge, Programs Specialist
Email: programs@bcic.ca

 

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