Career-Ready with CTMA — Expanding Opportunities

📋 Eligible Entities - Licensed companies operating in Ontario's precision metalworking sector - Must hold valid licensing credentials required for the sector - Business must be actively engaged in precision metalworking operations - No specification regarding company size, suggesting both small and large enterprises may qualify ### 💰 Funding Details - Grant Amount: Up to $5,000 per placement - Maximum Placements: Up to 3 placements per eligible company - Total Maximum Funding: Up to $15,000 per company - Repayability: Nonrepayable contribution (grant, not loan) - Matching Requirements: No matching ratio specified in program description ### 🛠️ Approved Expenses - Wage subsidies for new hires in precision metalworking roles - Upskilling programs for existing employees - Funds are intended to offset payroll costs associated with hiring or training initiatives ### ⚠️ Conditions & Milestones - Company must maintain valid licensing throughout the funding period - Program limited to Ontario-based precision metalworking businesses - Placement-based structure requires documentation of hired or upskilled employees - Up to 3 distinct placements can be funded per applicant - Specific performance milestones, timelines, or employee retention requirements not detailed in program description - Applicants should verify current program status and detailed terms with CTMA before application