FastTrack Job Training Assistance Program
FastTrack Job Training Assistance (FJTAP) is an incentive available to both new and expanding industries and begins with a company developing a training plan including the number of people to be hired, types of skills required and types of training needed. The plan is developed in conjunction with the FastTrack staff and is designed to be customizable and flexible. Companies track costs associated with implementation of the training program, then submit those costs to the state for reimbursement.
Training may include:
- Classroom instruction.
- On-the-job training.
- Vendor training from the actual manufacturer of a piece of industrial equipment.
- System support for certain types of plant-wide or company-wide applications.
- Development and coordination of instructional materials and training programs.
- Travel related to training.
Job Based Training Reimbursement
A potentially faster program for reimbursement of training costs, companies may seek reimbursement from the state of Tennessee once a job creation commitment and cost per job is established. In order to qualify, companies must work with ECD to reach a contractual agreement.
- The cost per job and the total commitment of jobs must be predetermined.
- Once agreed upon with ECD, companies can seek reimbursement of 50% of the cost per job within the first 90 days after the job is created. The remaining 50% can be claimed 180 days after the job is created.
- The company must agree to provide documentation, including the number of jobs created and the wages paid for each job.
- Multi-year contracts between a company and ECD can be reached to accommodate multi-year job creation projects.
- If the total commitment of jobs is reached, companies may seek the entire training reimbursement allocation through JBT.
FJTAP is administered regionally by training specialists. Contact a specialist in your region now.
For more information about FJTAP, contact Jeff Bolton at (615) 253-1909.