Employer Grants

This funding supports Idaho businesses in expanding their workforce and retraining employees to meet economic growth needs, ultimately fostering job creation and skill development.

$500,000

Forecasted

Recurring

Grant Description

Employer Grants in Idaho support local businesses in expanding their workforce and retraining existing employees to meet specific economic or industrial growth needs. These grants, part of the Workforce Development Training Fund (WDTF), aim to increase economic mobility, assist in job creation, enhance skill development, and support technological integration within businesses. The grants are intended to yield a return on investment through wage growth, job creation, and workforce retention. Applications are considered on a first-come, first-served basis. Grant renewed every year. Grant reviewed on quarterly basis.

Funding Details

Award Range

Not specified - $500,000

Total Program Funding

$750,000

Number of Awards

Not specified

Matching Requirement

Additional Details

Grants are evaluated based on several factors, including capital investments, cost of training, and the number of employees trained. The maximum amount available per employer is $500,000 per grant and $750,000 over a 10-year period.

Eligibility

Eligible Applicants

For profit organizations other than small businesses

Small businesses

Additional Requirements

Available to Idaho employers who are increasing their workforce or retraining existing workers for specific economic opportunities or industrial expansions.

Geographic Eligibility

All

Key Dates

Application Opens

Not specified

Application Closes

Not specified

Contact Information

Grantor

Matthew Thomsen; Elaine Zabriskie

[email protected]; [email protected]

Phone

208-488-7562; 208-488-7572

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