Businesses in Greater Minnesota can receive up to $100k in job training grants
DEED recently began accepting applications for its employer-driven job training program – a program that the Greater Minnesota Partnership and Coalition of Greater Minnesota Cities researched, drafted and advocated for since 2013. The program provides grants of up to $100,000 that businesses can use to train workers in new jobs. A total of $900,000 is available through June 30, 2016 and an additional $900,000 will be available July 1, 2016 through June 30, 2017. The awards are given on a first-come, first-served basis beginning Oct. 15, and a business needs to match the grants on a one-to-one basis. Only Greater Minnesota businesses are eligible.
As opposed to other state job training programs, under this grant program training may be provided in-house or by private facilities. Some areas in Greater Minnesota lack convenient access to a higher education institution, and this program can help address the ongoing and dramatic increase in full-time private job vacancies in Greater Minnesota (which has seen a 126 percent increase since 2006, compared to a 46 percent increase in the metro area during the same period, according to DEED data).
More information on the grants, as well as a concise guide to the program, is available here (click on “Job Training Incentive Program”).