Thursday, January 2, 2014
New York Small Businesses Can Still Apply for Job Training Grants
Through the state's On-the-Job Training National Emergency Grant, business who hire workers who have been unemployed for 26 weeks or longer may qualify for a grant of up to $7,000 per worker to help defray the cost of training new hires. The grants are being offered as part of a campaign by the state of New York to help people who have been out of work and also help small businesses who hire them.
Business may receive between 50-90 percent of new hire wages paid during their training period. The amount received in grants depends on the size of the business. Small businesses with 50 or less employees are eligible for 90 percent, businesses with 51-250 employees may receive 75 percent, and larger businesses with more than 250 employees are eligible for 50 percent reimbursement.
Eligible businesses must be private, either for-profit or non-profit, located in the state of New York. Employees hired must be full-time workers with hours of 30 or more per week. The state still has $500,000 available in grant funding to award.
For more information, visit labor.ny.gov/businessservices/ojt.shtm