High-Technology Training Grant

Current available funds:$200,000


The Nashville Career Advancement Center is currently looking to provide funding for high-technology training in the areas of architecture, biomedical, biotechnical, engineering, and information technology.

The training is directed toward employers indicating a need to train incumbent workers. Training limits are set at a max of $6,000 per training plan with an employer required 50% match (for every $1 of cost generated by the employer, the employer can be reimbursed $2). Some of the key elements to the training program are listed below.

  • This is a cost reimbursement contract. Employers will be reimbursed for allowable costs up to $6,000 per training plan.

  • Examples of allowable costs include training expense or tuition, testing fees, and materials.

  • Training must be at a “high-level” which is interpreted as roughly equivalent to training that may be pursued at a bachelor’s degree or higher.

  • Training should be industry recognized and result in a credential.

  • Training that does not meet individual credential requirements must demonstrate a career ladder that results in employment at the above stated level.

  • Employers must commit to a 3% wage increase on employees receiving training. Wage increases are an aggregate of all training plans approved for each employer. Wage increases are calculated as the difference in the employees wage at the start of training and the employees wage six months after the completion of training.

  • There is a 50% match requirement. Employer match is calculated in aggregate for all training plans submitted.

  • Examples of allowable match include training fees or tuition, testing fees, materials, travel expenses, and employee wage paid while in training.

  • If utilizing employee wages as match, the employee must remain employed by the employer for at least 60 days after completion of training.

To download an application, please click here

For questions please contact
Joe Hausen @ 862-8890 ext 312
Joe.Hausen@Nashville.gov

 

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