FastTrack Job Training Assistance Program (TNECD)
Funding for training net new full-time employees. A premium applies in some counties.
Not published as a rate. TNECD's fact sheet says levels depend on net new full-time positions, capital invested, wages and the skills required. A 35% premium applies in ARC at-risk counties and 50% in distressed counties, when the starting wage tops the county median.
The company, by grant.
- New or expanding company creating net new full-time jobs
- A net new full-time job averages at least 37.5 hours a week, is kept 12 months, and has health coverage offered
- Grants are discretionary and subject to an accountability agreement