The Job Training Incentive Grant program provides financial assistance on a reimbursement basis, to encourage the hiring and training of a local workforce.
Donor Name: Westminster Colorado Economic Development Office
State: Colorado
Municipality: Westminster
Type of Grant: Grant
Deadline: 07/01/2022
Size of the Grant: $5,000
Details:
The Job Training Incentive Grant will reimburse three types of training costs:
- Custom classroom training at a public educational institution
- Structured and documented on-the-job-training (OJT)
- A combination of classroom training and OJT
Funding information
- Businesses may apply once a year, and may receive up to $5,000 if hiring from existing local workforce, or $6,250 if hiring a recent graduate from a local institution.
Eligibility Criteria
- Business Eligibility
- Must have 75 or fewer employees
- Must be an existing business (>1 year) and have an active Westminster business license
- Must be in good standing with the Colorado Secretary of State
- Must be in good standing/current with the City of Westminster Utility Billing & Sales Tax
- New businesses may be considered for approval with an active Westminster business license and submittal of a current business plan
- Retail and Restaurants are not eligible for this grant
- Training Criteria
- Job Training Incentive Grant will reimburse
- 3 types of training costs: custom classroom training at a public educational institution, structured on-the-job training (OJT), or a combination of classroom training and OJT
- The following are eligible for reimbursement:
- A portion of trainee wages (50-75%) for up to 6 months
- Companies that hire trainees who have graduated within the past twelve months from a Westminster high school, local trade school, community college, or a high school intern may be eligible for an additional 25% reimbursement above the standard rates
- Cost of custom classroom training at a public educational institution
For more information, visit Job Training Incentive Grant.
