Business Training Grants for New Positions can provide between $1,000 and $4,000 per trainee per fiscal year, depending on the employee's full-time status and wage amount. Grants for New Positions were developed to assist Wyoming businesses in two ways:
- Wyoming Business Expansion
One of the most difficult issues facing a company trying to expand its services and workforce is the overwhelming cost associated with hiring and training a workforce during the start-up phase of the expansion.
The Workforce Development Training Fund can help a growing Wyoming business by deferring much of the business's training costs during the expansion phase.
- New Business Recruitment
The Workforce Development Training Fund is a tool for the Wyoming Department of Workforce Services to partner with Wyoming's economic development entities in recruitment of new businesses to our state. During the site selection phase of the business recruitment process, all of the benefits of choosing Wyoming over another state become crucial.
The Wyoming Department of Workforce Services works with our economic development partners to ensure that a business considering Wyoming as a place of operation will know how the Workforce Development Training Fund can help create a successful start-up by deferring much of the its training costs.