The purpose of the Missouri One Start Training Programs is to provide assistance to Missouri employers for the training and retraining of new and existing employees. The three Missouri One Start Training Programs are: Customized Training, New Jobs Program, and Retaining Jobs Program.
Customized Training Program
The Department of Economic Development operates the program so that Missouri employers may apply for classroom training. The program provides funding for employers to train new or existing employees. Assistance may be available for training costs such as curriculum development, instructional salaries, and training materials. Local education agencies, private vendors, or company personnel may provide the training.
Missouri companies providing permanent, full-time employment to Missouri residents are eligible if the company is:
- Creating new jobs in the state above their peak employment level in the past year; or
- Retraining existing employees as a result of a substantial new capital investment.
New Jobs and Retaining Jobs Programs
These programs provide assistance in reducing the cost associated with training a new or existing workforce for the purpose of retaining jobs in the state of Missouri:
- Training designed for the specific needs of the industry;
- General occupational skill training.
Businesses with a sound credit rating currently located in Missouri that have retained at that site the current level of employment for at least one year, and a minimum of 100 employees for two consecutive calendar years preceding the year in which the application for the program was made. In addition, the business must make a capital investment of at least $1 million to acquire long-term assets.
Community colleges, located in 12 districts in Missouri, in cooperation with the Missouri Department of Economic Development, administer the program. Funds for training and project costs are generated by using tax credits from the employer's regular withholding taxes. The tax withholding is equal to 2.5% of gross wages for the first 100 jobs, and 1.5% for the remaining jobs in the project. The tax withholding credits for the project are claimed for an average of 4 to 5 years to pay for project costs.
Training assistance can include skill assessments, instructor costs, curriculum development, travel, and a variety of other training-related services. On-the-job training expenses are restricted to no more than 50% of a project's training costs. In addition, total expenses for equipment, supplies, and travel cannot exceed 25% of a project's training costs. Training may be provided by the company, a local educational agency, or a training vendor.
If your company is interested in learning more about Missouri One Start Customized Training, New Jobs Program, or Retaining Jobs Program contact the TRC Workforce Development Department at 573-840-9682.