YEPP SME Application page

yepp-header

Please note that this application cannot be saved and must be completed without refreshing. An e-mail copy will be sent to you upon completion.

Company Profile

We would recommend a minimum of 4-5 sentences per answer.

Registered Business Name:
Type:
Legal Business Name:
Address:
Company Website:
HST #:
Primary Contact:
Position:
E-mail:
Phone:
-
Extension:
Alternate Contact:
Position :
E-mail :
Phone :
-
Extension :
Brief description of company's history, current products/services, location of operations and aspirations:
In keeping with our mandate (Support innovative entrepreneurs that are creating economic value and growth through increased revenue and job creation in Northern Ontario) we define innovation as a new or refreshed product, process or service that will create new economic growth. Please highlight how your company innovates and differs from others in the marketplace.
What skills will emerging entrepreneurs learn at your company? Can your company leaders role model these skills for emerging entrepreneurs?
If your organization has previously applied for Youth Entrepreneurship Placement Program (YEPP) funding please specify the impact and overall success of that specific project and why additional funding would be beneficial. Please be aware that companies are not eligible to reapply for the same type of project.

Placement Information

Brief description of skills, capabilities and knowledge requested in a youth participant: (Please provide a job description and location of work ie: remotely or onsite)
Youth participants should have specific projects to work on and goals to reach during their placement. Please provide a brief description of the project/tasks expected of the youth participant that relate to entrepreneurial experience (ie market research. product testing, prospecting for customers, planning, budgeting, decision making, etc.):
Upload a formal Job Advertisement for this position:*

Based on the above-mentioned duties, please describe how the placement will benefit your company within any or all of the following categories:

Sales and Marketing/Commercialization:
Product Development/Manufacturing:
Business Enhancement/Innovation:
Other:
Current Annual Sales Revenue (Gross):
Projected Annual Sales Revenue in 3 Yrs.:
Current Number of Employees:
Projected Number of Employees in 3 Yrs.:
Do you have a youth (18-29 years old) candidate in mind? Please insert their name here. ***Please note that they also must apply to the program. Have them contact IION directly: [email protected] or 705-474-7600 ext. 5661 and fill out an application form available on our website: http://iion.ca/youth-programs/

Project Costing Details

*** Note that Applicants are responsible for providing the Mandatory Employment Related Costs (MERCs).

I understand that the IION-YEPP funding flows through to the hired youth participant and does not cover MERCs *
I understand that if the application is successful 50% of the funds will be disbursed at the beginning of the placement and 50% at the end.*
I understand the youth participant is required to participate in 3 key mandatory offsite activities and that these are to be counted as regularly scheduled paid workdays.*
I understand that the youth participants are required to complete 1 hour of educational activities per week.*
I agree to complete the short surveys on YEPP outcomes and the annual reporting survey conducted by IION in order to fulfill the reporting obligations of the funding agencies and remain eligible for future funding administered by IION.*

Signature

I hereby certify that the above information is accurate and that I have authority to sign on behalf of the applicant: 

Signature:
Date:

Office Use Only

Applicants Contribution Received?
Registered as an IION Client?
Approved Maximum Amount:
Innovation Centre Approval - signature:
Date approved:

Terms and Conditions

Applicant registration as an IION client must be completed before any wage payment funds are advanced to Applicants. Applicants will invoice IION by April 18th, 2017 in order to receive the first payment by May 1st. The funds will be disbursed in a 50%-50% split with the first payment of $3550.00 occurring on May 1st, 2017 and the final payment of $3550.00 occurring once the Final Reporting Document and Survey is received on or before Sept. 8th, 2017. The amount of $7100.00 was calculated based on an $11.83 per hour rate at 37.5 hours per week excluding Mandatory Employment Related Costs (MERCs). The Applicant is responsible for the MERCs and any additional wages provided to the youth participant the Applicant chooses to offer. The $7100.00 amount is the minimum for providing wages to the Youth Participant (further referred to as the Participant) during a four (4) month period. The Applicant may choose to compensate the Participant at a higher rate, but acknowledges that IION will not be responsible for any contract changes negotiated between the Applicant and the Participant, further costs or MERCs resulting from these changes.

The Applicant agrees that the IION-YEPP placement shall  commence May 1st, 2017 and is to be completed on August 18th, 2017 with the final report received by IION on or before September 8th, 2017. The Applicant will allow the Participant paid-time away from work to attend mandatory training on the following dates: May 1st (Launch Day Workshop), June 16th (Professional Development Day), and July 12th-14th (IION Venture Camp). As part of the reporting expectations, up to two (2) site visits will be conducted during or close to week 6 (June 5th - 9th) & week 13 (July 24th - 28th).

The Applicant further acknowledges that IION accepts no responsibility for the Participant's performance provided under this agreement. It is the Applicant's responsibility to ensure that the work is done to the quality and standards it expects, and to coach the Participant to reach those goals. The responsibility of IION is to issue approved wage supplement payment to the Applicant as previously described and provide its program of entrepreneurial training to the Participant.

The Applicant further acknowledges that IION has a five-year obligation to track the Applicant's commercialization efforts and results which shall require mandatory reporting (upon request) by the Applicant of annual revenues and job creation and other related information as required.

The Applicant agrees to provide promotional materials upon request (company logo, flyers, photos of Participant at placement location, etc.) for IION marketing and other media based initiatives supporting the IION-YEPP. IION respects the Applicant's property and will only utilize the materials provided and approved by the Applicant.

The Applicant acknowledges the right of IION to audit the Eligible Activity and the right of representatives of the Minister of Industry to audit, or cause to have audited, the accounts and records of the Applicant and to have a right of access to the books and the Applicant's accounts. The Applicant shall be required byIION to act as its agent for the purpose of any inquiry undertaken by the Auditor General of Canada with respect to the use of funds under this agreement. The Applicant shall release to IION, upon request and in a timely manner, for the purpose of releasing to the Auditor General of Canada, all records held by the Applicant, or by agents or contractors of the Applicant, relating to the contribution agreement and the use of funds; and such further information and explanations as the Auditor General, or anyone acting on behalf of the Auditor General may request relating to any part of the contribution agreement or the use of funds.

The Applicant agrees to comply with all federal, provincial, territorial, municipal and other applicable laws governing the Applicant or the Applicant's activity, or both, including, but not limited to, statutes, regulations, by-laws, rules, ordinances and decrees.

This includes legal requirements and regulations relating to environmental protection.

The Applicant agrees to acknowledge, if requested thereof, the federal government's role in the funding provided through this agreement and consent to a public announcement of the eligible activities by or on behalf of the Minister of Industry in the form of a news release. The Minister of Industry will inform the Applicant of the date of any public announcement. The Applicant consents to the participation of the Minister of Industry, or the Minister's representatives, at such an announcement event, and to have such an event take place on a day mutually agreed upon by the Applicant and the Minister of Industry or the Minister's representative. The Applicant will agree to display promotional material provided by the Minister of Industry at such an event.

NOTE: Release of confidential or competitively sensitive information will not be required as this is protected under the Access to Information Act.

I have read and understand and agree to the above conditions and that I have authority to sign on behalf of the Applicant.

Signature :
Date :