6-21-21 State Workforce Grants, Tax Incentive Tracking Matrix provided by The Franklin Partnership
Florida: Incumbent Worker Training – applications open July 1: With a focus on helping Florida’s small businesses, the grants reimburse companies up to 75 percent for pre-approved training costs. Companies choose their training provider based on the skills needed. Applying online is easy and approval is quick. https://careersourceflorida.com/training-grant/
Iowa: STEM Internships – applications open July 1: The Science, Technology, Engineering and Mathematics (STEM) Internship program provides grants to Iowa companies for internship programs with a goal of transitioning interns to full-time employment in Iowa upon graduation. The goal is to retain educated workers in Iowa. Must participate in a substantive experience in an area closely related to the student’s STEM field. Maximum award to an employer in any one fiscal year shall not exceed $50,000. For every two dollars of wages earned by the student, one dollar paid by the employer is matched by one dollar from the Iowa Economic Development Authority (IEDA) and up to $5,000 per intern. https://www.iowaeda.com/grow/stem-internships/
Missouri Works Training: – The Tax Credit Accountability Act Reporting Form must also be submitted to the Department of Revenue by June 30th each year the company receives tax credits and for the three years following the issuance of the tax credits. As the state’s number one incentive tool for expansion and retention, this program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri. The Tax Credit Accountability Act Reporting Form must also be submitted to the Department of Revenue by June 30th each year the company receives tax credits and for the three years following the issuance of the tax credits. https://ded.mo.gov/programs/business/missouri-works
Other Grants: Dept. of Labor ETA: Workforce Opportunity for Rural Communities (WORC). Award floor $150,000; ceiling $1,500,000. Application Deadline July 1. The WORC Initiative is designed to facilitate the alignment of workforce development efforts with existing economic development strategies in rural communities hard hit by economic transition and recovering slowly. The WORC Initiative provides grant funds to enable impacted communities to develop local and regional workforce development solutions aligned with existing economic development strategies and community partnerships to promote new, sustainable job opportunities and long-term economic vitality. These grants support workforce development activities that prepare dislocated workers, new entrants to the workforce, and incumbent workers for good jobs in high-demand occupations aligned with a regional or community economic development strategy. https://www.grants.gov/web/grants/view-opportunity.html?oppId=333025
Other Grants: National Science Foundation Improving Undergraduate STEM Education: Education and Human Resources: EHR is a core NSF STEM education program that seeks to promote novel, creative, and transformative approaches to generating and using new knowledge about STEM teaching and learning to improve STEM education for undergraduate students. The program is open to application from all institutions of higher education and associated organizations. NSF places high value on educating students to be leaders and innovators in emerging and rapidly changing STEM fields as well as educating a scientifically literate public. In pursuit of this goal, IUSE: EHR supports projects that seek to bring recent advances in STEM knowledge into undergraduate education, that adapt, improve, and incorporate evidence-based practices into STEM teaching and learning, and that lay the groundwork for institutional improvement in STEM education. In addition to innovative work at the frontier of STEM education, this program also encourages replication of research studies at different types of institutions and with different student bodies to produce deeper knowledge about the effectiveness and transferability of findings. https://www.nsf.gov/pubs/2021/nsf21579/nsf21579.htm