Employers seeking job training assistance need look not further than Carroll County. Customized, affordable training and technical assistance is coordinated by CADC and provided by Des Moines Area Community College - Carroll Campus.
The Iowa New Jobs Training Program (260E) supports businesses adding employees through expansion in, or relocation to, Iowa. The flexible funding of the 260E program allows your company, in consultation with DBR experts, to implement an effective training plan for your new employees. The plan is designed to build the skills needed by your new employees to become productive.
The 260E program is of no cost to your business. Training is funded by DMACC through the sale of certificates for the amount of anticipated tax revenue generated from new employee salaries. The revenue generated from the certificate sale is used to establish a training fund for your company.
Your company will then use the funds in this account to pay for new employee training. The certificates are repaid by your business over a ten-year period by diverting a portion of your payroll taxes from the State of Iowa to DMACC. The amount diverted is based on the wages of new jobs your company has added. The dollar value of your training fund depends on your company's training and development needs and the projected tax revenue available to repay the certificates.
In other words, the program is free to your company.
To be eligible for the 260E program,
your business must currently be:
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.
Project awards 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.
Training Options from 260E/260F Funds:
Job Skill Specific Training
Management/Supervisory Skills Training
Welcome to the Carroll Area Development Corporation's interactive website. We have the information you need to narrow the field of prospective communities for location and expansion.
Take a quick look at the toolbar at the top of this page where you will find available sites & buildings, business advantages, community and workforce information. Our partnership with Location One Information System allows you to find community, site & building data with a single click. Links to development partners and other resources are included.
Once you find the Carroll area community that meets the needs of your company, you can depend on Carroll Area Development Corporation for professional assistance. We will quickly provide creative solutions and demonstrate the unique advantages of locating here.