Job Training Incentive Program funds

Tuesday, May 01, 2018

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We are getting low on Job Training Incentive Program funds. We have about $180,000 remaining for FY18. As such, any businesses that are interested in the JTIP program should be informed of the current funding situation and advised to discuss their options with DEED staff. We do have an allocation of $1,350,000 for FY19 that will be available starting July 1, 2018.

For complete details on the program:  

https://mn.gov/deed/business/financing-business/training-grant/jtip/

Job Training Incentive Program

This program provides grants to new or expanding businesses located in Greater Minnesota for the purposes of training workers as quickly and efficiently as possible.

Overview

Grants of up to $200,000 are awarded to eligible businesses to provide training for new jobs. Eligible applicants include businesses located outside of the seven county metropolitan area or located in the cities of Hanover, Rockford, Northfield and New Prague that are adding at least three new jobs. The new jobs must pay wages at least equal to the median weekly wage for the county in which the jobs are located. The new jobs must also provide at least 32 hours of work per week for a minimum of nine months per year. Businesses are required to match the grant on a .5:1 basis.

Additional program information and eligibility requirements are outlined in the Job Training Incentive Program Guide.

Download a printer-friendly Job Training Incentive Program Fact Sheet.

Funds may be used to pay direct training costs for workers in new jobs including trainee wages for on-the-job training, curriculum development, delivery of training, materials and supplies, training equipment and facilities, and trainer travel and lodging costs. Funds may also be used for assessment, testing and certification costs. Training may be provided in-house, by institutions of higher education, by federal, state, or local agencies, by consultants, or equipment vendors.

 

Category: Workforce