This program is an excellent opportunity for your business to secure between $1 million and $8 million in funding. The money is free to use, so you won't have to worry about immediate payback. Instead, you can invest in designed workforce training programs that enhance your operations and ensure you have skilled employees in key technology areas. This support can help you align your workforce with industry needs, making your business more competitive in today's marketplace.

By participating, you not only boost your business but also contribute to your local economy. Strengthening your workforce positions you for growth and stability, which ultimately impacts your community positively. Plus, since this program aims to fortify economic and national security and enhance competitiveness, you’ll be part of a larger movement to advance industry standards while elevating your own business’s profile.

Don’t miss out on this chance to enhance your operations and workforce. This program is designed for businesses like yours, regardless of size or revenue, making it an accessible option for you to thrive and succeed.

Type of Financing

This program offers grants which do not require repayment. You can receive between $1 million to $8 million depending on your project's needs and alignment with the program's goals.

Eligible Expenses

You can use the funds to cover expenses related to workforce training activities, including:

• Development of training programs
• Equipment and materials needed for training
• Partnerships that support job placements

Ineligible Expenses

The funding cannot be used for:

• Direct wages of staff
• General administrative costs
• Projects not aligned with the federal key technology focus areas

Fees

There are no application or processing fees associated with this program, allowing you to focus on your project without worrying about hidden costs.

• Location: Available across the United States.
• Sectors: Open to all sectors.
• Ownership: All groups are eligible.
• Minimum Employees: No minimum employee requirement.
• Maximum Employees: No maximum employee limit.
• Minimum Company Revenue: No minimum revenue qualifications.
• Maximum Company Revenue: No maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications: None mentioned in the context.

This program offers funding between $1 million and $8 million for your business. The goal is to support regional workforce training systems, which means you can enhance your operations and secure skilled employees in key technology areas. This funding can be used to design and implement training programs that not only help your workers gain valuable skills but also align with your industry's needs.

The funding is free to use, meaning you won’t have to worry about immediate payback. Instead, you can focus on building your workforce and boosting your business's overall performance. This opportunity can significantly bolster your ability to contribute to your local economy while positioning your company to thrive in an increasingly competitive market.

With up to $25 million total available, joining forces with established sector partnerships will place your business on a path to growth and stability. It's all about strengthening your workforce and enhancing your business's impact in your community and beyond.