Project Types and Funding
The SLMP program provides funding for projects designed to support the development of strategic, sustainable solutions that support workforce development.
There are four different project types that can be standalone or combined:
- Engagement and planning
- Research
- Labour market research
- Future focused labour market research
- Strategy development
- Strategy implementation (Pilots)
Engagement and planning
Engagement and planning projects support the development of partnerships within sectors. These projects are especially valuable to emerging sectors, as they bring interest holders and/or rights holders together to identify and prioritize workforce challenges, opportunities and knowledge gaps.
Labour market research
Labour market research projects gather labour market information about sectors. This includes the makeup of its workforce, including demographics, skill levels and training needs.
Strategy development
Strategy development projects support the development of evidence-based strategic plans to address workforce development and identified labour market challenges. The solutions developed are validated by project partners and result in the development of a strategic plan that clearly identifies objectives, outcomes, action items and timelines.
Strategy implementation (Pilots)
Pilot projects test new ideas, tools and approaches to address labour market challenges. These projects must include an evaluation component, done by a credentialed third-party evaluator, a sustainability plan and a cash contribution. Cash contributions are monetary resources secured by the proponent and project partners to support the implementation of the proposed solution. The contribution amount is not set but should reflect readiness to invest in the proposed solution.
Funding
The SLMP program is not a grant.
SLMP program contracts are deliverables-based, and funding is provided through a Shared Cost Agreement (contract).
Payment for each deliverable is provided after it is received, reviewed, and approved by the SLMP.
Project funding is subject to availability, and a project budget will be established as part of the contract negotiations. Successful proponents who become contract holders will be reimbursed for project costs upon submission, review and approval of deliverables.
Eligible project costs
The SLMP program will cover most costs associated with project activities, except for capital assets and business development costs. Eligible costs for SLMP projects can be broadly categorized into two groups:
- Direct Project Costs – These are costs directly related to project activities and have been estimated and rationalized in the proposal and finalized during the negotiation of the contract. They are incremental to the proponent (i.e., in addition to other costs that the proponent already must pay) and are directly related to the activities that support the project.
- Administrative Costs – Capped at 15 percent of the direct project costs, these costs are necessary for project administration but are related to the operation and overall administration of the contract holder’s organization in support of the project.
Right to audit
The Ministry of Post-Secondary Education and Future Skills, which administers the SLMP program, reserves the right to audit the use of funds at any point during or after a project.