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RBC Talent Fund

Are you looking to grow your team?

This program is a great way for students to gain entrepreneurial skills and have direct experience in a company’s everyday operations by working at a start-up in the HRM. The RBC Talent Fund wage subsidy helps entrepreneurial led companies based in the HRM area hire SMU students. In partnership with the SMU Co-operative Education Office, the program can help grow your business by adding bright young talent to your team. 

RBC Talent Fund Provides

  • A wage subsidy that can cover up to $3,412.50 per hire 
  • Assistance with job posting and short listing of candidates if required 
  • Training and mentoring for participants to enhance their work experience 
  • Advice and monitoring throughout the program to ensure participants and employers are receiving the best possible experience 
    * Subsidy is based on a $15/hr wage and 35 hour work week  
    * Subsidy will provide 50% of the wage up to $7.50 an hour, for 13 weeks 

    Employer Requirements

    • The company must be in its early stage of development and be located in the Halifax Regional Municipality 
    • Must hire a Saint Mary’s University Undergraduate C0-Operative Education Student 
    • Provide a minimum of $15/hr wage to the new hire 
    • Coverage of MERC (mandatory employment related costs) – CPP, EI, Vacation Pay 
    • Assign an organization supervisor to act as a mentor for the participant 
    • Allocate student’s time for up to two days of paid training through the program during their placement where required 
    • To receive payment, employers can submit monthly invoices or one at the end of the term (average payment turnaround time is 15 days) 

      Employer Application

      For more information, please contact talenthub@smu.ca

      The program is made possible with support from RBC Foundation https://news.smu.ca/news

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