DEDC works closely with employers and our training partners to develop the workforce needed for tomorrow's labor demands. With over 30 colleges and universities within a 90-mile radius of Dyersville, our region has ready access to educated and highly skilled individuals. In addition, To help area companies maintain their competitive edge, DEDC can provide information and application assistance for workforce and training programs to meet the specific needs of your company.
Iowa New Jobs Training Program (260E)
The Iowa New Jobs Training Program provides funding to meet the wide variety of employee training and development needs of companies that are expanding operations or locating a facility in the area. Dyersville Economic Development Corporation will work with you and Northeast Iowa Community College (NICC), who administers the program, to help meet your needs, whether you require highly specialized educational programs or basic skills training for new positions.
The program is financed through bonds sold by the NICC. Depending on wages paid, the business then diverts 1.5 or 3 percent of the Iowa state withholding taxes generated by the new positions to the community college to retire the bonds. Because of this structure, the training is available at what is essentially no cost since the bonds are retired with dollars that otherwise would have been paid to the state as withholding taxes.
In addition to increasing worker productivity and company profitability, businesses participating in the Iowa Industrial New Jobs Training Program may also be eligible for reimbursement up to 50 percent of the annual gross payroll costs expended for on-the-job training, as well as a corporate tax credit if Iowa employment is increased by at least 10 percent. Training can be provided by NICC, local colleges, or private contractors, including in-house trainers.
For more information regarding workforce training opportunities, contact Jacque at DEDC, 563-875-2311 or by email at email@example.com.