Financing

Services: Incentive and Financial Resource Programs

Contact: ,

Address: Lake Superior College - Center for Lifelong Learning 2101 Trinity Rd, Duluth, MN 55811

Phone: 218.733.5934

Email: Email:

Description:

The Minnesota Jobs Skills Partnership (MJSP) Partnership Program acts as a catalyst between business and education in developing cooperative training projects for new or existing employees. Grants are awarded to educational institutions with businesses as partners.

Accredited public and/or private educational institutions within the state are eligible. All projects must have at least one educational institution and one business working together. Funds may be used for training-related costs or educational infrastructure improvements necessary to support businesses located or intending to locate in Minnesota.

The MJSP Board awards the grants. Normally, several grant rounds are held each year. Grant application deadlines are posted on the MJSP Board web page and are also published in Minnesota's State Register. Interested businesses should contact their local accredited Minnesota educational institution to inquire about the possibility of submitting a grant application.

Loan Amounts
Up to $400,000

Requests for wage subsidies and tuition reimbursements are ineligible.

Eligible Applicants
Accredited public and/or private educational institutions within the state and businesses located or intending to locate in Minnesota.

Other Funding Required
A cash or in-kind contribution from the contributing business must match program funds on at least a one-to-one ratio.

Allowable Use of Proceeds
Funds may be used for training-related costs or educational infrastructure improvements necessary to support businesses located or intending to locate in Minnesota.

Term of Loan
Projects average twelve months to three years in duration. Costs are paid on a reimbursement basis. A short-form application is also available for grants of up to $50,000.

Minnesota Jobs Skills Partnership Program (State) serves the Northland, Arrowhead, Duluth MN Superior WI MSA, Aitkin, Carlton, Cook, Itasca, Koochiching, Lake, and St. Louis county areas.