Training resources available to each business include STEP funds, JTPA funds, local community college training facilities and customized training funds, the local Job Service and local city resources. DED's job training coordinator is available to coordinate the above resources upon a firm's request. A dollar amount per position is negotiated based on job descriptions, wage rates, benefit package and a training outline provided by the business. STEP funds reimburse a business for 50 percent of the employee's wages during the training time, up to the allotted dollar amount. The business must retain all positions created for two years after the training has been completed.
Businesses provide matching contributions equal to or greater than the grant funds requested.
No property tax on business inventories, including raw materials, goods in process and finished goods. No tax on intangibles. Sales tax refund for pollution-control equipment. No sales or use tax on ingredients used in manufacturing or processing of a product destined for ultimate retail use. Sales tax exemption on sales of common carrier vehicles and replacement parts to recognized common carriers.