Washington businesses have a unique opportunity to enhance employee skills through the state’s Customized Training Program (CTP), which currently has approximately $79,000 in available funding. Administered by the State Board for Community and Technical Colleges, this program helps businesses cover the upfront cost of customized employee training provided by institutions like Clover Park Technical College (CPTC) Corporate Education.
Eligible businesses, those located in Washington and paying B&O tax, can partner with a qualified training provider to access support for technical training, leadership development, communication, and more. Training can be delivered in person, virtually, or in a hybrid format to best meet the needs of employers and their teams.
Repayment terms are interest-free, and participating companies benefit from a B&O tax credit equal to 50% of each payment made. Businesses pay 25% upon completion of training, with the remaining balance spread over 18 months.
Training is tailored to each company’s specific goals and is led by experienced industry professionals. Examples of past clients include JM Smucker, True Linkswear, and Psomas.
For more details, contact Don Sosnowski at [email protected] or Steven Kovacs at [email protected].
