Training Grants Aid Colorado Companies
Published Apr 16, 2004
Training just got a little bit easier – and less expensive. Through the Colorado First/Existing Industry Customized Training programs, start-ups, as well as more-established businesses may be eligible for training grants – up to $800 per employee – to help defray costs of updating employee skills.
During fiscal year 2003-04, the state funded $2.7 million in grants for Colorado companies.
“The intent is to provide the Colorado workforce with transferable, resume-building skills,” says Jeff Holwell, business development representative in the Colorado Office of Economic Development and International Trade and manager of the program.
For example, Existing Industry grants awarded to Leprino Foods and Coors Brewery helped the companies train employees on-site on new manufacturing equipment. And a Colorado First grant allowed newcomer Salis International to continue to fill orders while staff was trained.
“The program is twofold,” Holwell says. “One component provides an incentive for existing companies to retain employees, and the other for new companies to relocate to Colorado. The ultimate goal is to train and enhance the skills of the Colorado workforce.”
Grants are reviewed jointly by the Colorado Office of Economic Development & International Trade and the Colorado Community College System, and administered by local community colleges. Companies can apply for grants through their local community colleges.
“Community colleges are a great resource for this customized training,” says Michael Zekonis, dean of the Institute for Community and Professional Development at Front Range Community College. “We’re established in the community, understand the industries in the area and can work with the company to find out what their specific workforce needs are.”
In addition to Front Range, Red Rock Community College and Arapahoe Community College both offer workforce training and development opportunities for companies and individuals.
Story by Caryn L. Stumpfl
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