Training Grants Help Prepare Hoosiers to Reach the Next Level
ow more than ever, our state needs to ramp up efforts to prepare Hoosiers for the jobs available today—and for the one million more we expect to have open by 2025.” These words, spoken by Indiana Governor Eric Holcomb, underscore the importance of the availability of economic incentives in the form of workforce training grants. Although there are several grant options companies may consider when applying for incentives, there are three programs that have proven, at both the state and local levels, to be very effective tools for job attraction and retention efforts.
What’s at the Next Level?
The newest training grant incentive program in Indiana, introduced in 2017, is the Next Level Jobs initiative. Administered through the Indiana Department of Workforce Development, the program is geared towards entry-level employees. The Next Level Jobs initiative is designed to do just what it implies: to prepare these workers for the next level of advancement within their companies and for their future career path. Next Level Jobs requires no job growth or capital investment, but simply requires that a company focus on several positions for which internal growth is key to future success. Currently funded through 2021, this program offers reimbursement of up to $5,000 per employee with a $50,000 maximum amount available to a company.
- Real Reimbursement for Training
- Marion County Regional Focus
- Bringing the Vision into Focus
Access the full story on Inside Indiana Business here: https://www.insideindianabusiness.com/story/41322664/training-grants-help-prepare-hoosiers-to-reach-the-next-level