Employer Training Investment Program (ETIP)
The Illinois Manufacturers’ Association (IMA) recently announced receipt of an Employer Training Investment Program grant (ETIP) for fiscal year 2018 through the Illinois Department of Commerce & Economic Opportunity (DCEO). The grant term will be July 1, 2017 through June 30, 2018. All training that occurs during this time period may qualify for reimbursement based on eligibility requirements.
Participating companies must have a physical location in the state of Illinois and agree to train only their full-time Illinois based employees. Each participating company must complete a company profile identifying the company location from which their employees will be participating and schedules detailing all training each company has completed. The schedules must include number of participants, dates of training, and cost of training. These reports for the first two quarters (July 1 to December 31, 2017) must be forwarded by email only to Janie Stanley, Revenue & Grant Administrator at email@example.com, no later than Monday, February 19, 2018.
Grant funds may be used to cover no more than 50% of actual approved expenses related to the training for a company’s full-time employees. Participating companies are required to fund a match amount of the remaining 50 percent. Eligible expenditures must fall within the following budget categories:
- Internal (employee) trainer costs (wages)
- External vendor/trainer or tuition expense (copies of paid invoices must also be submitted)
A few important notes:
- The IMA will work with companies to collect and submit the proper forms. DCEO has the sole discretion in determining the final approved funding level for ETIP grants.
- New for this grant, leadership training is included as an eligible expenditure.
For more information, visit: http://ima-net.org/ima-member-benefit-programs/.