Rhode Island employers can offset some of their training costs by obtaining state tax credits such as RI Jobs Training Tax Credit, RI Adult Education Tax Credit, RI Employers’ Apprenticeship Tax Credit and the Work Opportunity Tax Credit. These tax credits will allow you to trim your taxes while training your workforce.

Tax Credits

Rhode Island boasts some of the most aggressive employment and training tax credit programs in the nation. The Department of Labor and Training (DLT), working in conjunction with the Economic Development Corporation, the Governor's Workforce Board-RI, and the Division of Taxation offers many impressive credit programs.

Grants

The Governor’s Workforce Board Rhode Island (GWBRI) is pleased to announce that funding is available for the 2007 Comprehensive Workforce Training Grants to support competitiveness and growth of RI businesses. Up to $50,000 in matching funds is available to employers to invest in incumbent worker training that builds and retains a highly skilled, high-performing workforce. Program goals include increasing worker productivity; improving operational efficiencies; and encouraging workplace innovation, talent development and promotional opportunities. Only organizations and businesses that contribute to the Job Development Fund are eligible to apply. Current grant recipients are not eligible to apply.

trainRI can assist you with:

• Determining which workforce development funding assistance program represents a viable funding opportunity
• Competitive procurement of training providers