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Incumbent Worker Training
Through the Workforce Investment Act of 1998, the South Carolina Workforce Investment Board provides Incumbent Worker Training (IWT) funds to local Workforce Boards. IWT funds are used for upgrading skills of existing workers through training provided or arranged for by their employer. In the Midlands Workforce Investment Area, IWT funds are awarded to applicant businesses based on a competitive procurement. The Midlands Workforce Development Board has focused its IWT resource on helping smaller businesses to increase their ability to provide high quality products and services and compete globally. Through IWT grants, businesses have a new tool to help meet changing skill requirements caused by new technology, retooling, new product lines and new organizational structuring.
At a minimum, businesses must meet the following eligibility requirements to be considered for IWT funding:
- Have been in operation in South Carolina for a minimum of one year prior to application for funding;
- Have at least one full-time employee;
- Are current on all state tax obligations; and,
- Contribute towards the cost of training.
The following factors are considered when determining funding priority:
- Businesses whose training applications indicate a significant upgrade in employee skills, and/or employee wage increases as a result of training
- Businesses whose training applications reflect a significant layoff avoidance strategy and retention opportunities
- Business/Business sites who have not received an IWT award during the prior or current program year
For further information concerning current fund availability and application procedures, please contact: Mike Caulder
Midlands Workforce Investment Area,
Suite 218, 100 Executive Center Drive
Columbia, SC 29210
e-mail: mcaulder@mwdb.org
phone: (803) 744-1670 ext 105
Fax: (803) 744-1671
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