What kinds of training can be funded by the Incumbent Worker Training Program?
Companies should emphasize training that promotes skills upgrades in high demand, high skills occupations. Skills upgrades that will help to deter lay-offs, re-locations or closings. Training may include industry or company specific skills upgrades. The high demand and limited funds available for IWT grants has resulted in a preference for funding training that represents a significant skills upgrade for employees and/or the greatest potential for impacting the company’s competitiveness. To that end, companies are advised to prioritize their training needs when requesting an IWT grant.
The program does not limit the kinds of training that will be considered for funding. Training may include industry or company specific skills, technical and computer skills, and “soft-skills” such as leadership, teamwork, and management skills. Keep in mind, however, that the high demand and limited funding for IWT grants has resulted in a preference for funding training that represents a significant skills upgrade for employees and/or the greatest potential for impacting the company’s competitiveness. To that end, companies are advised to prioritize their training needs when requesting an IWT grant.
