Ontario Invests $90 Million Into the Skills Development Fund
September 27, 2022 | By Logan Caswell
Funding applications will be accepted starting September 29, 2022, and will close January 31, 2023.
The Ontario government has announced an additional investment of $90 million in the Skills Development Fund (SDF).
The funding is to support innovative training projects that upskill workers and jobseekers, helping prepare them for meaningful careers. This third funding round is open to anyone who is unemployed or underemployed, and will prioritize programs helping people with prior involvement in the criminal justice system, at-risk youth, people with disabilities, Indigenous people, Ukrainian newcomers, and others facing barriers to employment.
Funding applications will be accepted starting September 29, 2022, and will close January 31, 2023. Interested organizations can apply through Transfer Payment Ontario.
The previous two rounds of funding delivered 388 training projects, helping more than 393,000 people take the next step in their careers in in-demand industries.
During the upcoming third funding round, the province will also prioritize applications for projects preparing workers for careers in in-demand sectors such as the skilled trades, healthcare, technology and manufacturing.
Today’s announcement brings Ontario’s total investment in the Skills Development Fund to over $560 million.