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Workforce Training Fund
The Workforce Training Fund provides fiscal resources to Massachusetts
businesses and workers to train current and newly-hired employees. Financed
entirely
by Massachusetts employers, the fund’s goal is to help improve employee
skills and maintain the economic strength of the Commonwealth’s businesses.
With a major focus on small to medium-sized businesses that would
not be able to make a training investment without the assistance of
the fund, training funds are available and should address the following:
•
Projects that will result in job retention, job growth or increased
wages
•
Projects where training would make a difference in the company’s
productivity, competitiveness, and ability to do business in Massachusetts
•
Projects where the applicant has made a commitment to provide significant
private investment in training for the duration of the grant, and after
the grant has expired
TWO PROGRAMS
There are two types of Workforce Training Fund grants available, with different
applications, grant limits and approval processes for each:
Express Program – Targeted to small employers with a maximum of 50
employees in Massachusetts, as well as labor organizations. Features an
easy-to-complete online application, an online database of training providers,
an open application period and quick approval. The maximum grant award
is $15,000 annually.
General Program – Awards up to a maximum of $250,000 in funding.
Applications are more detailed, reviewed by an advisory panel of business
and labor leaders and have deadlines for submission.
TWO CATEGORIES OF GRANTS
There are two categories of grants available:
Training grants – These range from $2,000 to $250,000 and are direct grants awarded competitively to employers, employer organizations, labor organizations and training providers, to train current and newly hired workers.
Technical assistance grants – These range from $5,000 to $25,000
and are grants to help an employer, or a group of employers or employees,
determine a set of training needs. Eligible applicants include industry
organizations, community colleges, administrative entities for local
workforce investment areas and other entities with expertise in providing
technical assistance in training.
