Workforce Training, Tax Credits and Support
Iowa Industrial New Jobs Training (260E)
The Iowa Industrial New Jobs Training (260E) provides job training assistance to businesses creating new positions. If a company is expanding operations, or locating a new facility in the state, the program can provide flexible funding to meet the wide variety of training and employee development needs for its new employees. Examples of fund use include screening and assessment, travel for training purposes, in-plant instruction, costs of training facilities and equipment and supplies. The program is paid for by the new employees' withholding taxes at no cost to the employee or the company. These taxes may be diverted for a 10-year period to pay for upfront training costs.
Iowa Jobs Training Program (260F)
The Iowa Jobs Training Program (260F) provides job training services to current employees of eligible businesses. Eligible businesses work with the local community college, which will assess training needs, determine funds available and provide training.
New Jobs Tax Credit
The Iowa New Jobs Tax Credit is available to a company that entered into a New Jobs Training Agreement (260E) and expands its Iowa employment base by 10% or more. The amount of this one-time tax credit depends upon the wages a company pays and the year in which the tax credit is first claimed.
Partnership Programming and Data Resources
The Greater Des Moines Partnership supports both the workforce and employers through programming like The Legacy Project: Career Ready Collective and DSM Intern Connection. Additionally, The Partnership can provide regional labor market data and analytics, including insights on workforce availability, wage rates, education, skill levels by occupation, industry demographics and job posting trends.
To learn more about what DSM offers talent, visit the Do Something Greater website, an initiative by The Partnership to attract and retain talent.