Training Resources
Training new and existing employees is a key step in growing and expanding your small business. Luckily, there are resources available to help NYC's entrepreneurs fund and accomplish these goals.
Training Programs
NYC's Department of Small Business Services offers a Customized Training Grant Program to reimburse 60% of training costs incurred by eligible small businesses. Businesses must train at least 10 employees who are either currently or after training will be working full time, be based in NYC, and must pay for training upfront as the program reimburses participants quarterly.
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The New York State Department of Labor has grants available for businesses who wish to train both existing and new employees. Each of their programs have unique eligibility requirements and generally necessitate that businesses have and train more than one employee.
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Empire State Development’s Employee Training Incentive Program provides tax credits to science and technology businesses that train employees (50% of eligible training costs, up to $10,000 per employee receiving eligible training) and/or host internships (50% of the stipend paid to an intern, up to $3,000 per intern).
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