Financial Incentives
Financial Incentives for Employer Sponsors
Incentive | Description | For More Information | Administered |
Achievement Incentive Grant (AI) | The Achievement Incentive (AI) program supports employers by providing a financial incentive when apprentices meet specific training and certification milestones. Employers may be eligible for up to $3000 in grants per apprentice. |
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Apprenticeship Job Creation Tax Credit (AJCTC) | A non-refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, 2006. The maximum credit an employer can claim is $2,000 per year for each eligible apprentice. |
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