October 28, 2024: Over the past few years, we have seen unprecedented levels of participation in Workforce Training Fund Programs (WTFP), and as a result, Commonwealth Corporation is implementing policy changes with the goal of extending WTFP grant resources while efficiently serving more businesses.
Additionally, WTFP’s General Program will undergo application updates which will require a scheduled blackout from November 15, 2024, at 5:00 PM to December 17, 2024. Learn more here.
While available to Massachusetts businesses of all sizes, the Workforce Training Fund Program (WTFP) focuses on small to medium-sized businesses that would not be able to invest in improving employee skills without the assistance of the Fund.
The Workforce Training Fund Program helps address business productivity and competitiveness by providing resources to Massachusetts businesses to fund training for current and newly hired employees. In order for the Massachusetts economy to prosper, our businesses need access to a pipeline of skilled workers so they can stay competitive and continue to grow.
We are here to help you make an investment in your employees’ skills and your future. We offer four types of grants to support the training needs of businesses across the state. See below to learn how each program can help your employees and business today!
El Programa Exprés proporciona a los empleadores un acceso rápido y simple a capacitaciones financiadas con subvenciones, lo que facilita a las empresas de Massachusetts la posibilidad de responder a nuevas necesidades. El programa está diseñado para ayudar a las empresas a responder rápidamente a los cambios y mantener a los empleados comprometidos con la empresa. Con subvenciones muy pequeñas para las capacitaciones conocidas como “Justo a tiempo” (Un sistema de maximización de recursos conocido en inglés como Just-in-Time) sin periodos de espera entre subvenciones, el programa Express es nuestro camino más rápido hacia el financiamiento. Este programa está mejorado con un directorio aún más flexible de opciones de capacitación y con 6 pasos rápidos para el éxito.
The General Program supports Massachusetts employers of any size with resources to fund larger-scale, customized, and strategic training to upskill or reskill employees. Applicants work with training vendors of their choice to deliver a training plan that supplements their workforce needs but does not replace traditional workplace investments. The purpose of the General Program is to increase company productivity, competitiveness, and ability to do business in Massachusetts by investing in the skills of your workforce.
On a very limited basis, the Workforce Training Fund Program may provide technical assistance grants to increase training opportunities to employees.
The enabling legislation for the Workforce Training Fund (Massachusetts General Laws Chapter 29 Section 2RR) calls for a report to be filed with the Joint Committee on Labor and Workforce Development and the House and Senate Ways and Means Committees by September 1 of each year. The report addresses grants made during the previous fiscal year together with such recommendations and additional information as considered appropriate.
The enabling legislation for the Workforce Training Fund (Massachusetts General Laws Chapter 29 Section 2RR) calls for a report to be filed with the Joint Committee on Labor and Workforce Development and the House and Senate Ways and Means Committees, by September 1 of each year. The report addresses grants made during the previous fiscal year together with such recommendations and additional information as considered appropriate.
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