MONROE, Mich. – Monroe County Community College is inviting businesses that are locating a facility or expanding operations in Michigan to apply for up to $500,0000 in Michigan New Jobs Training Program funds, Barry Kinsey, director of workforce development, has announced.
The funds can be used to meet a variety of training and employee development needs for new positions, with a starting wage of at least $17.28 per hour.
The deadline for businesses to apply for Michigan New Jobs Training Program funding through MCCC is Tuesday, December 14. For more information, contact Kinsey at email@example.com, or (734) 384-4124.
According to Kinsey, the MNJTP was created by Public Acts 359 and 360 of 2008 and provides flexible funding to meet a variety of training and development needs. The assistance ranges from highly specialized and customized training to basic skill development for new jobs. The training costs and administrative fees are paid by capturing the incremental increase in the state income tax associated with the new employees’ wages and redirecting it to the college, instead of the state.
The program was designed to be a cornerstone of Michigan’s workforce and economic development efforts, he said, with the state’s community colleges collaboratively partnering with state and local economic development organizations, the Michigan Works! agencies and the private sector to support job creation.
To be considered, a business must submit a completed application and a non-binding preliminary agreement to lock in the date from which new employees can be counted for the project and training expenses may be reimbursed. This can be done by working with MCCC’s Corporate and Community Services Division to develop a training plan and budget and determine the financing method and repayment schedule. Final agreements are approved by the MCCC Board of Trustees. Training costs are repaid by diverting the withholding taxes generated by the wages earned by the new employees. MCCC drafts project agreements, administers the training funds and manages the training project.
MCCC offers the following financing options for the training:
- Pay-as-you-go: MCCC reimburses the employer for training costs when sufficient state payroll tax for all new employees meeting the funding criteria is diverted to the college.
- Pre-pay: Training costs are pre-paid by employer and reimbursed as the college captures payroll taxes for all new employees meeting the funding criteria.
The funds can be used for any direct training expense including:
- Adult basic education
- Job-related instruction
- Skills assessment
- Training equipment
- Materials and supplies
- Training services
- Testing and evaluation of employees
- Travel costs
- College tuition and books
About Monroe County Community College
Founded in 1964, Monroe County Community College is a public, two-year institution supported by tax monies from Monroe County, educational funds from the State of Michigan and student tuition. The college’s mission is to enrich lives in our community by providing opportunity through student-focused, affordable, quality higher education and other learning experiences. The Main Campus is located at 1555 South Raisinville Road, Monroe, Mich., 48161, with easy access to Toledo and Detroit. The Whitman Center is located in Temperance, Mich., 48182, near the Ohio-Michigan Border. Detailed information about MCCC is available at www.monroeccc.edu.