Invista Performance Solutions (IPS), which provides companies customized learning and development programs, is inviting local businesses to claim their share of $800,000 in grant funding to offset company training costs through Washington’s Job Skills Program’s matching grant.
IPS — which is a collaboration of Clover Park Technical College, Pierce College Fort Steilacoom, Pierce College Puyallup, and Tacoma Community College — works directly with companies to help identify their training needs and craft a training solution. IPS then applies for the grant on a company’s behalf and funding is released upon approval. Grant applications are open now for the grant period ending June 30.
As explained by IPS, the total amount of trainee payroll while in training is the company “match” and is applied to the cost of the training. If the wages and benefits match the cost of the training, then there is no additional cost to the company. Businesses that have an annual gross revenue of less than $500,000 have an exemption to 100 percent matching requirements.
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