Workplace Innovation and Productivity Skills Incentive (WIPSI)

By mmuise
Description:

The Workplace Innovation and Productivity Skills Incentive provides funding for employers and industry associations for training full-time employees to improve productivity and innovation within the organization.


Comments on Funding:

Funding for small businesses in Nova Scotia with less than 50 employees is up to 100% of the first $10,000 of eligible direct training. Eligible costs over $10,000 can be funded up to 50%. The minimum application amount is $5,000 in direct training costs. Small businesses can apply for up to $100,000 in a fiscal year.
For larger businesses (more than 50 employees), WIPSI provides up to 50% of direct training costs. The minimum application amount is $10,000 in direct training costs. Larger businesses can apply for up to $100,000 in a fiscal year.
For organizations, business associations and private sector unions the minimum application amount is $10,000 in direct training costs.

Deadline: Continuous Intake
Eligibility:

Applicants must be:

  • individual businesses, both for-profit and not-for profit,
  • an organization/association/sector councils/private sector unions on behalf of a group of businesses with enough interest from its membership to submit an application for a minimum of a $10,000 WIPSI contribution,
  • located in Nova Scotia,
  • registered and active in the Nova Scotia Registry of Joint Stock Companies or incorporated by an Act of the Nova Scotia Legislature,
  • over one calendar year into operations,
  • generating directly or representing businesses (e.g. Sector councils) that have at least thirty percent (30%) of revenues from commercial activity,
  • generating profit not solely from wholesale, retail, and accommodations and foodservices (e.g. businesses that manufacture and sell products).

    The eligible staff must:
  • be currently employed full-time — and will continue to be paid while participating in training (full-time seasonal employees may be considered if being
    paid full-time wages during training),
  • be of legal working age in the province,
  • live permanently in Nova Scotia.
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 the application form and the following supporting documents:
1. annual sales/revenues;
2. annual training investments;
3. number of employees and total annual salaries paid.

Other Things to Note:

-

About the author
mmuise