Skills Development Fund - Capital Stream

In Ontario, industries like construction and skilled trades are grappling with labour shortages, and organizations are seeking innovative solutions to train, hire, and retain talent. The Skills Development Fund - Capital Stream (SDF-CS) is here to help. With $224 million in funding available, this program supports capital projects designed to boost training capacity, ensuring businesses and organizations are equipped to meet the evolving demands of the workforce.

If you're looking to expand your training facilities, renovate existing spaces, or create a new hub for skill development, this program could be the key to unlocking your project’s potential.

What is the Skills Development Fund - Capital Stream?

The SDF-CS is a grant program from the Ontario Ministry of Labour, Training and Skills Development. It focuses on providing financial support for:

• Building new training facilities.
• Expanding or renovating existing spaces.
• Creating innovative environments for workforce development.

The program is structured around two distinct pathways to accommodate varying needs:

1. SEED Pathway

This pathway supports technical planning and development for capital proposals. If you're in the early stages of designing a training centre or infrastructure upgrade, this pathway provides up to 70% of eligible costs, capped at $200,000.

2. GROW Pathway

This pathway funds construction, renovations, and expansions that directly enhance training capacity. GROW projects are eligible for up to 49% of costs, with opportunities to combine this grant with other provincial funding sources.

Who Can Apply?

The SDF-CS is open to a broad range of organizations, including:

• Construction companies.
• Educational institutions.
• Hospitals.
• Local governments.
• Not-for-profit organizations.
• Indigenous governing bodies.

Projects must be located in Ontario and focus on activities such as:

• New construction.
• Conversion and retrofitting.
• Facility expansions.
• Renovations and repairs to enhance training environments.

Why Apply?

This program offers a unique opportunity to invest in your organization’s future. By upgrading training facilities, you can:

• Attract and retain talent in high-demand industries.
• Boost your organization's ability to meet labour market needs.
• Enhance community access to quality training resources.

With grants covering up to 70% of costs, the financial support significantly reduces the burden of capital project expenses, allowing you to focus on delivering impactful training programs.

How GrantMatch Can Help You Succeed

Applying for funding can be complex, but GrantMatch is here to guide you every step of the way. As experts in government grants, we help organizations:

• Determine eligibility for programs like the SDF-CS.
• Craft compelling applications tailored to funding criteria.
• Navigate the intricacies of government funding programs to maximize success.

Whether you're preparing a detailed proposal for the SEED Pathway or embarking on a full-scale construction project through the GROW Pathway, our team ensures your application is comprehensive and competitive.

Don’t miss out on this opportunity to transform your organization’s training capabilities. Contact GrantMatch today to get started on your application!