Graduate to Opportunity (GTO) Innovate
no fixed amount
Subsidy
Description:
The Graduate to Opportunity (GTO) program helps build a stronger workforce and retain young people in Nova Scotia with a salary incentive that makes it easier to hire recent graduates. GTO Innovate is for Nova Scotia businesses looking to hire a recent masters or PhD grad for an innovation-focused job that pays at least $60,000 a year.
Comments on Funding:
Eligible employers receive 30% of the first year’s salary and 15% of the second year’s salary.
Continuous Intake
Eligibility:
Applicants must be:
1. A for-profit business that has no more than 200 full-time employees.
2. At least half of the new graduate’s time must be spent on innovation-based activities like:
a) applied research
b) product and service development
c) market analysis for new complex products or activity
d) improvement of product quality, customer services and business efficiencies
e) process development or improvement
f) technical feasibility studies and pilots for product launches or market entry
Application Steps:
The applicant must:
1. register in the online Labor Market Programs Support System (LaMPSS),
2. complete the application form and submit it electronically.
Documentation Needed:
Applicants must submit:
1. the application form,
2. a description of their organization and its mandate,
3. a job description for the new position you wish to create, as well as its location
4. a T4 Summary for the organization or other documentation to show the number of employees.
Other Things to Note:
About the author
Maurice
