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Tapping into Tapping into Government Funds Government Funds for Training for Training Costs Costs Paul Smith

Tapping into Government Funds for Training Costs Paul Smith

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Page 1: Tapping into Government Funds for Training Costs Paul Smith

Tapping into Tapping into Government Funds Government Funds for Training Costsfor Training Costs

Paul Smith

Page 2: Tapping into Government Funds for Training Costs Paul Smith

During Our Time Together

• Dislocated Trainers– WLP professionals ‘in transition’

• Existing Training Programs– New Employee training programs– Retraining of Existing Employees training programs

• DMACC Role– Administrative support / buffer / advisor

Page 3: Tapping into Government Funds for Training Costs Paul Smith

Enhance Your Professional Marketability

• 21st Century Realities– “I helped train the leader who wound up letting me go.”

• CPLP® Credentialing– Certified Professional in Learning and Performance – http://www.astd.org/CPLP

• Where Demand Outpaces Supply– ADP, Applebee’s, E*Trade, Nationwide Insurance,

Rockwell Collins, Verizon, … even Wal-Mart!– Companies who have posted CPLP-preferred jobs

Page 4: Tapping into Government Funds for Training Costs Paul Smith

Escape the Catch-22

• CPLP® Testing Fee $799 (member) / $999 (non)– Knowledge exam seat & score report – Work product submission score report (must pass

knowledge exam first)

• Dislocated Worker Training Program– May fund up to $5,000 to verified participants– Occupational skills training, Job readiness training,

Entrepreneurial training, and Workplace training - which may include cooperative education programs

Page 5: Tapping into Government Funds for Training Costs Paul Smith

Workforce Investment Act

• Involving Business in Local WIB’s since 1998– Our own Rowena Crosbie serves on Central Iowa WIB

• Federal Funding Dispensed Through States– Local WIBs set procedures and guidelines– ASTD works with Congress to continue to renew

• Iowa is Considering WIA Funding for CPLP!!– Final approve is in process– Apply if you feel you might qualify!

Page 6: Tapping into Government Funds for Training Costs Paul Smith

Applying for WIA Dislocated Worker Funds

• Central Iowa IowaWORKS Center– 430 East Grand Avenue– Des Moines, IA 50309-1920– (515) 281-9619

• Determination of Eligibility– Contact the WIB Office to schedule appointment– (515) 281-9700– Conducted by: Iowa Employment Solutions @ DMACC

Page 7: Tapping into Government Funds for Training Costs Paul Smith

Iowa New Jobs Training Program (260e)

• Program Focus– Supports businesses adding employees through expansion

in, or relocation to, Iowa

• Cost to Business– No more than already being spent

• Gain for Business– Varies based on your company’s training needs AND

projected tax revenue of new employee earnings

Page 8: Tapping into Government Funds for Training Costs Paul Smith

Iowa New Jobs Training Program (260e)

• Eligibility– Creating new Iowa positions   – Locating to or expanding in Iowa  – Providing services in interstate commerce – Conducting business in manufacturing,

processing, assembling products, or research and development

• Supplemental Funding Opportunities– Additional withholding credits or corporate income tax

credits may ALSO be available

Page 9: Tapping into Government Funds for Training Costs Paul Smith

Iowa New Jobs Training Program (260e)

• DMACC Support– Helps manage administrative logistics– Provides advice on what is / isn’t eligible– Coordinates certificate sale which creates training fund

• Where to Start?– Training Funds For Expanding Companies– Email: DMACC Business Resources– (515) 964-6397 or (800) 362-2127 x6397

Page 10: Tapping into Government Funds for Training Costs Paul Smith

Iowa Jobs Training Program (260f)

• Program Focus– Available for Iowa companies who are upgrading their Iowa

employees through additional training

• Cost to Business– No more than already being spent– Must provide 25% of training program cost as ‘cash match’

• Funding Limit– Project awards limited to $25,000 per business site– Maximum $50,000 over three-year period

Page 11: Tapping into Government Funds for Training Costs Paul Smith

Iowa Jobs Training Program (260f)

• Guidelines– Provides state-funded forgivable loans or grants to Iowa

businesses training existing employees– Loan is forgivable if business completes its training

program and trains specified number of employees

• Qualifications– Must be engaged in interstate or intrastate commerce for

the purpose of manufacturing, processing, assembling products, or conducting research & development

– Provide services in interstate commerce

Page 12: Tapping into Government Funds for Training Costs Paul Smith

Iowa Jobs Training Program (260f)

• DMACC Support– Helps manage administrative logistics– Provides advice on what is / isn’t eligible

• Where to Start?– Training Current Employees– Email: DMACC Business Resources– (515) 964-6397 or (800) 362-2127 x6397

Page 13: Tapping into Government Funds for Training Costs Paul Smith

For More Information

• Melissa Chavas– [email protected]– (515) 964-6407

• Paul Smith– [email protected] – (515) 247-0615

Page 14: Tapping into Government Funds for Training Costs Paul Smith

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