Virginia Apprenticeship Tax Credits and Employer Incentives Explained

Reimbursement of Registered Apprenticeship training costs and supportive services for up to two apprentices.

$3,500 per apprentice, maximum request $7,000. No matching funds required. The page banner still shows an older $4,000 plus $2,000 figure; the round table and FAQ say $3,500.

The employer or sponsor, as reimbursement of training costs. Funds cannot pay apprentice wages.

• Employer in a high-demand sector such as education, IT, care economy, service trades, manufacturing, maintenance and repair
• Apprentices must be employed by the sponsor
• Up to 2 apprentices per applicant
• Equipment of $10,000 or more per unit is not allowed

Reimbursement of instructor time and wages and training materials for a pre-apprenticeship or youth apprenticeship program.

Up to $40,000 per employer from a $500,000 pool. No administrative costs and no apprentice wages.

The employer, as reimbursement of training-related costs. Apprentices must be paid by the employer.

• Employer headquartered and operating in Virginia in a high-demand sector
• Register and complete up to 10 pre-apprentices or youth apprentices
• Completers must move into a Registered Apprenticeship program

A share of wages during the OJT period. Related classroom instruction can be paid separately by the board through an Individual Training Account.

Typically 50% of the apprentice's wage rate. The state or the local board may go to 75% after documenting factors such as small employer size or barriers to employment.

The apprenticeship sponsor, usually the employer, by reimbursement of a percentage of the apprentice's wages.

• The apprentice must be WIOA eligible and enrolled by the board
• Employer must hold workers' compensation coverage and a federal EIN
• Employer must not have a pattern of failing to keep past OJT trainees