Skills Enhancement Fund (SEF), specialized company training
Reimbursement, typically 50%, of costs for specialized company training that supports new capital investment. Specialized training should meet industry standards or be run by a third party.
Typically 50% of eligible training costs. No dollar cap is published on the IEDC pages. At most 50% of the award can go to trainee wages and 30% to travel.
The employer, as reimbursement of eligible training costs under a grant contract with the Indiana Economic Development Corporation (IEDC).
- Training supports new capital investment in Indiana
- Training leads to a post-secondary or nationally recognized industry credential, or is specialized company training
- Existing employees who are trained must also get a wage increase
- Creates or keeps full-time permanent jobs for Indiana residents at the project location