Programme d'aide pour les stages coopératifs en petite entreprise ### 📋 Eligible Entities - Small businesses operating in Newfoundland and Labrador - For-profit enterprises registered and operating in the province - Non-profit organizations and social enterprises - Businesses with demonstrated capacity to provide meaningful work experience - Organizations able to partner with Memorial University or Collège de l'Atlantique Nord - Employers willing to hire co-op students for structured work terms ### 💰 Funding Details - Grant Type: Non-repayable wage subsidy - Coverage: Portion of student employee wages during co-op work term - Grant Structure: Direct salary support (amount varies by program term length) - Matching Requirements: Employer covers remaining portion of student wages - Repayability: Non-repayable grant (no repayment obligation) - Frequency: Available per co-op placement/work term ### 🛠️ Approved Expenses - Student wages during co-op work placement - Employer contributions to student salary during approved work term - Support for hiring co-op students from: - Memorial University co-op programs - Collège de l'Atlantique Nord co-op programs - Development of meaningful work experience roles aligned with student learning objectives ### ⚠️ Conditions & Milestones - Student Source: Must hire students enrolled in co-op programs at eligible institutions (Memorial University or Collège de l'Atlantique Nord) - Work Term Duration: Student must complete approved co-op work placement term - Learning Alignment: Position must provide structured, educationally relevant experience - Employer Responsibility: Must cover portion of wages not subsidized by grant - Documentation: Maintain records of hours worked, wages paid, and student performance - Compliance: Follow employment standards and health & safety regulations - Partnership: Coordinate with educational institution on co-op requirements and milestones - Placement Timeline: Applications and hiring typically align with institution co-op scheduling cycles