Iowa Jobs Training Program (260F)
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 workers. 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). Your business is required to provide at least thirty percent of the training program cost as a cash match.
What kind of training is available?
Any type of training is eligible that will benefit your company’s competitive position and enhance the skills of your workers. Training may include:
- Job-related instruction
- Skills assessment
- Training equipment, materials, and supplies
- Customized or general instruction at your company or other facilities
- College tuition, books, and fees
- Training services of a private trainer
How do I get started?
Hawkeye Business & Industry Services staff will help you with your application and determine a training program to suit your needs.
Business & Community Education
Corporate & Business Solutions
1501 East Orange Road
Waterloo, IA 50701