Existing Industry Training Grant Benefits
- The company meets the challenge of technology. When the advance of technology threatens competitive edge, retraining employees can immediately boost productivity and allow the company to meet the challenge of a changing market. Capital investment in new equipment is enhanced by the new skills employees will receive.
- The company determines the goals and objectives of the training. The company knows its individual business and human resource needs. Productivity, profitability, expanding in location or size, meeting competition, are all goals that may be achieved through Existing Industry assistance.
- The company controls training content and delivery. Training programs must be designed and implemented with the direct cooperation and approval of the participating company. The company may choose to use its own trainers, the community college or area vocational school, third party consultants, or any combination of these. Training can be delivered on-site at the company's own facilities or in special college training labs.
- Most direct training costs are eligible for reimbursement. These include:
- Instructor wages, travel and per diem allowances;
- Development of curriculum and instructional materials;
- Purchase of consumable training supplies;
- Lease of training equipment and lease of training space (when not available at the company's permanent site or community college/area vocational school).
- Paperwork and red tape are minimal. All Existing Industry grants are applied for, coordinated, administered and monitored by local community colleges or area vocational schools, keeping the company's paperwork burden to a minimum.
- Confidentiality. All of the company's proprietary information is held confidential by OED, CCCOES and local administrators.
For more information call:
303.914.6769 or 888.329.7076
email: jeannine.kreller@rrcc.edu
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