VCEDA Workforce Development Fund
Virginia Coalfield Economic Development Authority
About the Grant
VCEDA’s Coalfield Workforce Development and Training Fund is a source of loan and/or grant funds to assist with workforce development and training in the VCEDA Region. Eligible applicants for the Coalfield Workforce Development and Training Fund include for-profit enterprises or entities, governmental or corporate instrumentalities in the coalfield region of Virginia, not-for-profit enterprises or entities, nonprofit industrial development corporations, economic development authorities, or industrial development authorities.
Funds may be approved as loans and/or grants. Funds may be approved and used for workforce development and training and associated costs, including costs and expenses of curriculum development, training equipment, training facilities construction, instructional materials, stipends, scholarships, tuition, internships, training or retraining instructional costs, retraining costs, recruiting expenses, job advertisements, pre-employment classes, assessments, classroom instructional expenses, process skill instruction, and/or instructor travel expenses, and costs associated with the foregoing. The program is funded from revenues that were previously generated by the Coalfield Employment Enhancement Tax Credit.
Notes
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