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Pennsylvania Announces New Grants for Manufacturers, Employee Training

Posted by Concannon Miller on Mon, Dec 18, 2017

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Resources - Businesses- gold sign copy.pngPennsylvania recently announced two new grant programs to help businesses with employee training costs.

The new Pre-Apprenticeship and Apprenticeship Program offers $2.3 million in grants to help pay for on-the-job training of new employees. The funding can be used for the salaries of instructors, training materials and related contracted professional services.

Pennsylvania also announced new employee training funding expressly for manufacturers. The Pennsylvania Manufacturing Training-to-Career Grant will be awarded to manufacturers who partner with community colleges, technical and trade schools and workforce development organizations on training and recruitment.

READ MORE: Pennsylvania Budget: Tax Changes for Online Retailers, Net Operating Loss Deductions

The manufacturing grant is part of the larger new Manufacturing PA initiative, which includes $12 million in total funding. The program also includes funding for Industrial Resource Centers, which work with small and medium-sized businesses, and a new Manufacturing Innovation Program, which will fund partnerships between manufacturers and colleges. 

The apprenticeship program is funded through money reclaimed from businesses that received prior state funding but failed to meet job numbers, capital investments or other contract requirements. The state also recently warned businesses they must meet their contracted obligations or risk losing their state grants and other funding.   

Concannon Miller is personally acquainted with the key personnel at local organizations that help businesses obtain grants and other state funding. Many of these organizations provide businesses with free or discounted assistance. Contact us here for more information.

Looking for more grant and tax credit opportunities? Check out our Business Guide for Growth, which offers details on more than 40 tax strategies, grants, credits, low-interest loans and other business resources to help companies grow. Download your copy here.

Topics: Business consulting, Manufacturing

Concannon Miller’s unique, holistic and intimate approach to financial health sets us apart from smaller CPA firms with more limited resources as well as mega firms where mid-sized clients struggle for attention. Contact us here to talk about improving your business.

This communication is designed to provide accurate and authoritative information in regard to the subject matter covered at the time it was published. However, the general information herein is not intended to be nor should it be treated as tax, legal, or accounting advice. Additional issues could exist that would affect the tax treatment of a specific transaction and, therefore, taxpayers should seek advice from an independent tax advisor based on their particular circumstances before acting on any information presented. This information is not intended to be nor can it be used by any taxpayer for the purposes of avoiding tax penalties.

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