The Workforce Training Fund is a state fund financed entirely by Massachusetts employers and enacted into law in July 1998 to provide resources to Massachusetts businesses and workers to train current and newly hired employees.
The mission of the Workforce Training Fund is to provide applicants with resources to invest in the Massachusetts workforce, improve employee skills, and maintain the economic strength and viability of the Commonwealth’s businesses. The fund’s major focus is small to medium-sized businesses that would not be able to make this investment without assistance. Training funded by this program should address stated WTF priorities including:
- Projects that will result in job retention, job growth or increased wages.
- Projects where training would make a difference in the company’s productivity, competitiveness and ability to do business in Massachusetts.
- Projects where the applicant has made a commitment to provide significant private investment in training for the duration of the grant, and after the grant has expired.
The Greater Lowell Workforce Development Board encourages employers to utilize the Workforce Training Fund for their staff training needs and to engage the GLWDB as a resource to provide technical assistance in securing funding or as a liaison to training partners and providers.
Details on the Massachusetts Workforce Training Fund and other programs available to support Massachusetts business including WorkSharing, Rapid Response, Recruiting and Hiring and Registered Apprenticeship are available through the Executive Office of Labor and Workforce Development (EOLWD).
View these additional resources associated with the Workforce Training Fund.
Didn’t Find Your Answer?
Please don’t hesitate to contact us and we will be happy to help you find the answers to your questions!