Companies locating or expanding in Tennessee and creating net new full-time jobs can receive discretionary TNECD grants to train those new employees, with premiums in at-risk and distressed counties.
Discretionary grants paid directly to new or expanding companies to support training of net new full-time employees, with funds disbursed for eligible new positions created and retained under program guidelines. Bonus premiums of 35% or 50% may apply in at-risk or distressed counties when the average starting wage exceeds the county median. Grants are discretionary and require a contract. Amount not published.
New or expanding companies creating net new full-time positions in Tennessee
A net new full-time job averages at least 37.5 hours per week, is maintained for 12 months and offers health coverage
TNECD cannot reimburse positions filled before contract execution without prior approval
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Money can be used for
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