Youth Internship Support: Who Qualifies and What You Get

This scheme provides financial assistance to startups that hire interns to help them develop professional skills. It is designed to help small, growing companies manage the costs of bringing new talent into their workforce.

👤Who it's for

This support is specifically designed for startups that are looking to hire interns for the purpose of skill development. It targets businesses that are in the growth phase and want to provide practical, hands-on learning opportunities to young professionals while expanding their own internal capabilities.

🎁What you get

You can receive a partial wage subsidy to help cover the costs of your interns during their internship period. This subsidy is intended to lower the financial burden on the startup, making it more feasible to bring on new talent to support your business operations and specialized projects.

💰What it costs you

While there is financial support available, this is not a passive grant. To participate, your company must commit the necessary time and resources to provide a structured mentorship plan. This means you must organize a clear roadmap of learning objectives and guidance to ensure the intern is actually gaining the skills intended by the program.

⚠️The catch to know

When planning your hiring strategy, keep in mind that the program is designed around the goal of skill development. You must ensure that your business is prepared to fulfill the mentorship requirements, as the focus of the subsidy is on the educational growth of the intern through your company's guidance.

📝How to apply

1. Create a detailed and structured mentorship plan for your prospective interns.
2. Verify that your business meets the specific startup criteria required for this program.
3. Prepare all necessary documentation regarding your business and the proposed internship roles.
4. Contact the Ministry of Employment and Labor to begin the formal application process and check for current submission requirements.