Maximize Skills and Productivity
The Iowa Jobs Training Program (260F) helps businesses fund training for current employees. Remain competitive within your industry by providing your workers with resources to maximize their skills and productivity.
To be eligible for funding, your business must:
- Be located in or relocating to Iowa.
- Engage in interstate or intrastate commerce for the purpose of manufacturing, assembling, warehousing, wholesaling, or conducting research and development.
- Not have closed or reduced employment at other business sites in Iowa to relocate the same operation to another area of the state.
- Pay Iowa withholding taxes for employees.
How does the program work?
The 260F program provides forgivable loans to Iowa businesses needing to train current workers. A loan is forgivable if your business completes its training program and trains a specified number of employees. Project awards are limited to $35,000 per business site, to a maximum of $100,000 over a three-year period. Funds are awarded on a first-come, first-serve basis. Each business is required to provide at least thirty percent of the training program cost as a cash match.
What kind of training is allowed?
The Corporate and Business Solutions team works with each business to create a training plan that fits the training needs of the business. The training plan addresses skill gaps in the workforce and areas for growth. The Iowa Jobs Training Program is designed to foster the growth and competitiveness of Iowa’s workforce and industry by ensuring they have the skills and expertise to compete with any workforce outside the state of Iowa.
Nearly all types of job-related training are allowed under the Iowa Jobs Training program including, but not limited to: Health and Safety topics; Quality Assurance and Process Improvement; Computers and Technology; Heavy Equipment Operation and Transportation; Skilled Trades, Automation and Advanced Manufacturing; plus Workplace Advancement and Professional Development topics.
How do I get started?
Hawkeye Corporate and Business Solutions staff will help you with your application and determine a training program to suit your needs.
