State grants are available
Posted: Monday, January 23, 2012 8:02 pm
A new state grant program is being made available to help employers pay for employee training.
Incumbent Worker Grants totaling more than $600,000 have been awarded to 36 companies in Tennessee. A total of 1,703 incumbent workers have received skills upgrade training through the grants, according to Karla Davis, state Commissioner of Labor and Workforce Development.
She recently announced $500,000 in Incumbent Worker Grants are still available to Tennessee employers to avoid layoffs. The grants are designed to assist employers with the expenses associated with skills upgrade training for the company’s employees or process improvement training of the company, thereby keeping the business competitive.
From Oct. 1, 2011, through Sept. 30, $1.1 million is allotted for incumbent worker training.
“The Incumbent Worker Training Grants support the governor’s priorities by assisting with training needs of Tennessee companies and their existing workforce,” the commissioner said. “Companies use these training grants to upgrade skills or improve company processes that support a layoff aversion strategy. It is vital that we support our existing businesses to stay competitive and maintain a viable workforce.”
Incumbent Worker Training Grant funds are limited and are therefore awarded on a competitive basis. The maximum award is $25,000 per grant.
Eligible applicants include any Tennessee employer that is a for-profit business in operation for one year or more, has a minimum of five full-time employees, and is financially viable and current on all state and local tax obligations.
The grant can cover a variety of training opportunities that are employer or industry specific, including upgrading of technical/computer skills and production practices.
Interested companies can contact their LWIA for available funds at www.tn.gov/labor-wfd/cc/ccareas_contact.htm.
For further information and the Incumbent Worker Training Grant application form go to www.tn.gov/labor-wfd/et_services_employers.html.