Grants available for Tennessee businesses
NASHVILLE — Tennessee Department of Labor and Workforce Commissioner Karla Davis has announced $500,000 in Incumbent Worker Training Grants is still available to Tennessee employers to avoid layoffs.
The grants are designed to assist employers with the expenses associated with skills upgrade training for the company’s employees or process improvement training of the company, thereby keeping the business competitive. From Oct. 1, 2011, through Sept. 30, 2012, $1.1 million is allotted for Incumbent Worker Training.
As of Jan. 10, more than $600,000 had been awarded to 36 companies training 1,703 incumbent workers.
“The Incumbent Worker Training Grants support the governor’s priorities by assisting with training needs of Tennessee companies and their existing work force,” said Davis.
“Companies use these training grants to upgrade skills or improve company processes that support a layoff aversion strategy. It is vital that we support our existing businesses to stay competitive and maintain a viable work force.”
Incumbent Worker Training Grant funds are awarded on a competitive basis.
The maximum award is $25,000 per grant. Eligible applicants include any Tennessee employer that is a for-profit business in operation for one year or more, has a minimum of five full-time employees, and is financially viable and current on all state and local tax obligations.
For more information and the Incumbent Worker Training Grant application form go to tn.gov/labor-wfd/et_services_employers.html.
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