Training Current Employees
Iowa Jobs Training Program (260F)
The Iowa Jobs Training Program helps Iowa businesses fund training for current employees.
The program fosters the growth and competitiveness of Iowa businesses by ensuring that Iowa's workforce has the skills and expertise needed to compete worldwide. Training programs are customized to meet the specific productivity needs of your business.
The 260F program provides state-funded forgivable loans or grants to Iowa businesses needing to train their existing employees. A loan is forgivable if a business completes its training program and trains a specified number of employees it agreed to train, and completes a performance report at the end of the project.
Project awards are vary on business need and availability of funds and are limited to $25,000 per business site, to a maximum of $50,000 over a three-year period (dependent upon availability of funds). Participating businesses are required to provide at least twenty-five percent (25%) of the training program cost as cash match.
To qualify for this program, your business must be engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, assembling products, or conducting research and development. Businesses that provide services in interstate commerce are also eligible.
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