Workforce Development and Training Program - Used to develop and fund customized workforce training programs for a new or expanding business
- Eligibility: businesses planning to locate a facility in the state, businesses expanding their current operation within the state by adding a new area location, and existing Louisiana businesses that have been in operation less than 3 years (if all other qualifications are met)
Employer-Based Training Program - Can provide reimbursement to employers of up to 50% of employee wages for up to 12 months for employer-based training for new hires or skills upgrade
- Offers payment assistance to employers with job openings
Incumbent Worker Training Program (IWTP) - Designed to benefit Louisiana employers by assisting in the skill development of existing employees and providing funding for customized workforce training
- Funded by Unemployment Tax contributions at $50 million annually
- Eligibility: a business must have operated in Louisiana and contributed to the state's Unemployment Insurance System for a minimum of 3 years and an employer or a consortium of employers with similar needs must have at least 15 employers to be trained
Small Business Employee Training (SBET) Program - Designed to benefit Louisiana employers by assisting in the skill development of existing employees and providing funding for training
- Provides $3000 per employee, per fiscal year for a wide range of standardized workforce training
- Funded by Unemployment Tax contributions at $1.2 million annually
- Eligibility: limited to businesses with 50 or fewer employees. A business must have operated in Louisiana and contributed to the state's Unemployment Insurance System for a minimum of 3 years
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