Grants Available to Help Employers Develop Apprenticeships
28 Jan 2018
Employers in five industries are eligible to receive up to $5,000 for each apprentice
Employers are invited to apply for the Minnesota Apprenticeship Initiative (MAI) grant to help them create or expand registered apprenticeship programs in advanced manufacturing, agriculture, health care, information technology and transportation.
Approved employers will receive funds to offset their costs related to program development, related instruction and supplies. Employers can receive up to $5,000 for each registered apprentice.
"Apprenticeship is the gold standard to develop skilled employees," said Ken Peterson, commissioner, Department of Labor and Industry (DLI). "The apprenticeship model allows employers to build their business and grow a stronger workforce as they address the challenges of worker skills gaps, growing retirements and talent retention."
"Apprenticeships are a great way for both employers and employees to meet the needs of today's workforce challenges," said Shawntera Hardy, commissioner of the Department of Employment and Economic Development (DEED). "DEED is excited to partner with DLI in this effort. As we work to fill a historic number of job vacancies in Minnesota, this program gives Minnesota employers a much needed advantage in their search for qualified and skilled workers."
In a recent study by the U.S. Department of Commerce, employers have found that developing talent through registered apprenticeships results in a more dedicated, flexible, and highly skilled workforce that is poised to rise into leadership positions and make employers more competitive. In addition, employers with registered apprenticeships were able to broaden the pool of talent and fill critical vacancies.