Colorado’s job training programs provide $4.5M in grants per year to companies that are locating or expanding in Colorado. By paying costs associated with job training, the programs increase transferable job skills that support both the company’s competitiveness and enhance worker’s resumes and long-term employment opportunities. Up to $100,000 is available for each award. Companies can receive more than one award.
- Companies must contribute a minimum of 40% to the total costs of grant-funded training.
- All grant-funded training must be customized for the company’s specific needs.
- An on-site company visit by OEDIT and CCCS representatives is required.
- Companies must pay an average hourly wage greater than $13.00/hour in urban areas; in rural Colorado, a company’s average wages must be at least $10.00/hour.
- Companies applying for and receiving Existing Industry program funds must offer health insurance to employees. Colorado First applicants are not required to offer health insurance if the company has been in business fewer than three years.
- Federal or state mandated training (e.g. Occupational Safety and Health Administration – OSHA / Commercial Driver’s License – CDL) is not eligible for grant funding.
- Grant funded training must be for permanent, full-time (32 hours/week), non-seasonal, non-retail employees eligible to work in the US who have significant career opportunities and require substantive instruction.
- Applications are reviewed on a competitive basis. Factors considered are: customized job enhancing skills / number of trainees / community college training participation / state geographic representation / industry diversification / projected wage levels. Focus is placed on the following industries: advanced manufacturing, bioscience, aerospace, energy & natural resources, advanced technology, electronics, infrastructure engineering and construction.
- Competitive training skills include: Lean manufacturing / information technology, such as SQL, HTML, JQuery, etc. / advanced financial analysis / quality management / welding / Six Sigma / bioscience.
- Non-competitive training skills include: new employee orientation / MS Office / basic customer service / time management / administrative support / sales and marketing.