Next Generation of Jobs Fund
The Next Generation of Jobs Fund is a five-year, $1.15 billion strategy to help innovative companies grow and create well-paying sustainable jobs for today's workforce and for the next generation of Ontario's highly skilled workers.
The world needs green products, efficient technologies, health cures and treatments. Ontario has strengths in these areas. We can create these jobs here and the Next Generation of Jobs Fund will help to do this.
Ontario’s Next Generation of Jobs Fund will fund companies that make everything from car parts to advanced health products to Academy Award-winning special effects technologies.
The fund is modeled after the government's successful Ontario Automotive Investment Strategy, which helped to leverage more than $7 billion in total new automotive investments and anchored thousands of jobs.
Program objectives
The Next Generation of Jobs Fund will support companies or privately-led initiatives that will achieve one or more of the following:
- secure new knowledge-based jobs and investment in Ontario
- build Ontario’s strengths in sectors where the province is, or has the potential to be, a global leader
- support the growth and success of value-added businesses through the development and expansion of their global markets and export
- support private-public partnerships that will build Ontario’s expertise for innovation and commercialization
- support Ontario’s Go Green Plan by reducing energy consumption and carbon emissions
- improve Ontario's reputation as a globally competitive jurisdiction that can compete and win international investment.
Click here for more information on the program and how to apply.
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