Unlocking innovation with investments in talent
By Rob Henderson
For the small- and medium-sized enterprises that make up Canada’s bio-economy, bringing innovations to market means overcoming two key challenges – access to capital and access to talent. For most employers, addressing the challenge of capital is top of mind, often leaving them to neglect the positive impact finding the right talent can have for their growth.
When companies opt to invest in human capital first, they quickly realize the benefits to their bottom line.
The Student Work Placement Program (SWPP) has expanded eligibility requirements to increase support for hiring students during COVID-19
The Student Work Placement Program increases the job-readiness of full- and part-time students registered at any Canadian post-secondary institution.
COVID-19 eligibility and process updates include:
- Employers will have the flexibility to postpone placement start dates to avoid rescinding placements.
- Employers will be able to apply for funding before they finalize their selection of students to hire.
- If requested, small- and medium-sized employers (who have fewer than 500 employees) and nonprofit organizations will be able to receive up to 75% of the wage subsidies up-front.
- Students will be able to work from home.
- Post-secondary institutions (universities, colleges and polytechnics) will be able to be the employer of record to offer meaningful placements to students.
For the full list of eligibility requirements, and to learn more about the program, visit biotalent.ca/Co-opFunds.
As a resource to the bio-economy, BioTalent Canada is continuing its operations virtually including accepting wage subsidy applications, and processing claims as quickly as possible.
Canadian biotech talent at the forefront of the COVID-19 crisis
BioTalent Canada is highlighting and supporting the efforts of the Canadian biotech sector in the wake of COVID-19. While people around the world and in Canada remain in physical isolation to flatten the curve, Canadian biotech companies are working tirelessly to mitigate the impact of the current pandemic.
Essential skills for career success
In this four-part series, BioTalent Canada examines the importance of essential skills in creating a successful career in the Canadian bio-economy.
Essential skills are considered foundational, transferable, and enabling. Without adequate essential skills, it is difficult to learn higher order, occupation-specific skills.
The Government of Canada has identified nine essential skills that are required, to one degree or another, for Canadians to be successful at their jobs.
Growing your business? The PetriDish™ helps you connect to the talent you need.
Contact us today and see if your biotech business qualifies for a 25% discount on job postings. You may even qualify for free postings!
Take a closer look at BioTalent Canada’s partners:
Life Sciences Ontario | Business Wire | Gowling WLG | HealthPartners | Novo Nordisk | BioNova | McGovern Management Group Inc.
ACCES Employment | Applied Pharmaceutical Innovation | BioNB | BIOQuebec | LifeSciences BC PEI BioAlliance | BioLAB Business | Bioenterprise | City of Mississauga | Seneca College | Health City | University of Calgary Schulich School of Business | University of Manitoba | University of Waterloo | University of Guelph | University of British Columbia – Co-op | Borden Ladner Gervais New Ventures BC | University of Ottawa | University of Toronto – Scarborough Campus | Enterprise Machine Intelligence and Learning Initiative (EMILI)
BIOTECanada | Medtech Canada | Renewable Industries Canada | BioAlberta | Ontario Bioscience Innovation Organization | Biotech Primer | City of Toronto | BioBenefits | The Calgary Region Immigrant Employment Council (CRIEC)
BioConnect | Charles River Laboratories | eSight | IMV-Inc. | Synaptive Medical
Spartan Bioscience | Therapure | Zymeworks
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