Resources for Business

State and Federal Grants

Your business may be eligible for a state or federal training grant (or other funding). 

Obtaining training grants can be a complex process, but worthwhile pursuing. Key points to keep in mind:

  • The opportunities are real and are offered through federal, state, and local government authorities you can trust.

  • Before applying for a grant, always check your eligibility and carefully consider your ability to meet grant requirements.

  • To increase your chances for success, follow application instructions to the letter and prepare a thoughtful, thorough response.

  • Grant-making agencies want you to succeed! So get whatever help you need to navigate the process (see below for contacts).

    If training grants are not available, funding may be available in another form. The sources below can help you explore your options.

     

    State and Local Grants

    When exploring grants or other funding for training, start at the state or local level. Here are some options for getting started:

  • Contact the Newark Workforce Development Board. Ask about training grants and other funding and get help with the application process.

     

  • Locate your nearest Small Business Development Center (SBDC) and ask about a free consultation to discuss your training needs.

     

  • Contact the city’s and the state’s economic development agency. On the agency site, look for business services, and then training.

     

    Federal Grants

    Federal training grants are administered through the U.S. Department of Labor (DOL). Need help with training grants and other workforce issues? Contact us and connect with a Business Services Representative or other resources that can help.

 

On the Job Training

Need skilled workers?  On-the-Job Training (OJT), a federal program funded by the Workforce Innovation and Opportunity Act (WIOA), lets you hire and train skilled workers and get reimbursed for your efforts.

As an employer, you’ll benefit from more efficient recruiting, more targeted training, and assistance with training expenses:

  • OJT specialists help you find the right talent when you need it, reducing time, effort, and money spent on recruiting.

  • The specific technical skills you need may be hard to find. OJT helps you train the right workers to meet your requirements.

  • You receive up to 50% of the costs to provide on-the-job training for individuals you hire through the public workforce system.

Getting started with OJT

Because OJT offers a comprehensive training solution, you must meet certain criteria to participate. Steps in the process:

  • Find out if you meet OJT employer criteria.  Staff at your local American Job Center (AJC) can help you determine your eligibility.

  • Before proceeding, you’ll sign a contract covering terms of the agreement, including positions to be trained, wages, and reimbursement.

  • An OJT specialist will refer potential OJT candidates and help you fine-tune your training plan. You’ll always make the final hiring decision.

    Need help with OJT or other workforce issues?  Contact us and connect with a Business Services Representative or other resources that can help. 

 

Hiring? Get tax credits for your new employees!

Businesses can save up to $4,800 the first year when they hire workers who traditionally face significant barriers to employment. Workers who qualify include:

 

Veterans - who are members of a family that has received Supplemental Nutrition Assistance Program (NJ SNAP, formerly Food Stamps) benefits for at least a three month period during the 15-month period ending on the hiring date; or

  • entitled to compensation for a service-connected disability, who have been:

    • hired within one year of discharge or release from active duty; or
    • unemployed for at least six months in the year ending on the hiring date; or
  • who have been unemployed for:

    • at least four weeks in the year ending on the hiring date; or
    • at least six months in the year ending on the hiring date.

Please note that to have veterans status to be eligible for the WOTC, an individual must:

  • have served on active duty (not including training) in the US armed forces for more than 180 days, or have been discharged or released from active duty for a service-connected disability; and
  • not have a period of active duty (not including training) of more than 90 days that ended during the 60-day period ending on the hiring date.

Long-term Temporary Assistance for Needy Families (TANF) recipients

  • who are members of a family that has received TANF benefits for at least 18 consecutive months ending on the hiring date.

Short-term Temporary Assistance for Needs Families (TANF) recipients

  • who are members of a family that received TANF benefits for any nine month period during the last 18-month period ending on the hiring date.

Supplemental Nutrition Assistance Program (NJ SNAP, formerly Food Stamps) recipients

  • who are 18-39 years old; and
  • who are members of a family that received NJ SNAP benefits for:
    • the six months ending on the hiring date; or
    • the recipients are able-bodied adults without dependents (ABAWD)-eligible for at least three of the five months ending on the hiring date.

Designated Community Residents (DCR)

  • who are 18-39 years old; and
  • reside within a Rural Renewal County (RRC) or an Empowerment Zone (EZ).

Vocational rehabilitation-referred individuals

  • completing or who completed rehabilitative services provided by:
    • a state-certified agency; or
    • an Employment Network under the Ticket to Work program; or
    • the US Department of Veterans Affairs.

Ex-felons

  • who have been convicted of a felony; and
  • who have a hiring date that is not more than one year after the conviction or release from prison.

 

 

Supplemental Security Income (SSI) recipients

  • who are recipients of SSI benefits for any month that ends during the 60-day period ending on the hire date.

Summer youth employees

  • who are 16 or 17 years old; and
  • work for the employer between May 1 and September 15; and
  • reside in an Empowerment Zone (EZ).

Long-term unemployed (new target group as of January 1, 2016)

  • that on the day before work begins is in a period of unemployment that not less than 27 weeks and includes a period (which may be less than 27 weeks) in which the individual recevied unemployment compensation under state or federal law.

Tax credits for eligible employees

 

Target Group

Maximum Tax Credit

VETERANS

NJ SNAP recipient

$2,400

Disabled veteran hired within one year of release from active duty date

$4,800

Disabled veteran unemployed at least six months

$9,600

Unemployed veteran at least four weeks in the one year prior to hire

$2,400

Unemployed veteran at least six months in the one year prior to hire

$5,600

OTHER TARGET GROUPS

Short-term TANF recipient

$2,400

Long-term TANF recipient                                                                  

$9,000        (two years)

Designated Community Resident (RRC or EZ)

$2,400

Vocational Rehabilitation referral

$2,400

Ex-felon

$2,400

SSI recipient

$2,400

Summer youth

$1,200

Long-term unemployed (January 1, 2016)

$2,400

NJ SNAP recipient

$2,400

WOTC restrictions

You CANNOT claim the Work Opportunity Tax Credit (WOTC):

  • for wages paid to your relatives.

  • if you do not pay federal income tax.

  • if your company is not for profit.

  • for any employee who has worked for you before (rehires).

  • for federally subsidized on-the-job training. However, wages paid after the subsidy expires may qualify for the credit. 

    Apply online today!

    Visit http://wotcnj.dol.state.nj.us to apply for the Work Opportunity Tax Credit (WOTC).

    For consultants not yet registered, go to the Registration section on the consultant page. After registering, you may proceed with the application. For employers, you will need to enter your FEIN (Federal Employer Identification Number) and UI PIN (Unemployment Insurance Personal Identification Number) to access the system. Forget your UI PIN?  Call 609-292-9292. If you do not have a UI PIN, fax your request on company letterhead to the New Jersey Department of the Treasury at 609-292-4291. Be sure to include your FEIN, your signature, and your title.

    Please note that the New Jersey Department of Labor and Workforce Development must certify the Work Opportunity Tax Credit before you can claim it on your federal tax return. Once you have received WOTC certification and your employee has worked the minimum number of required hours, use IRS form 5884, Work Opportunity Tax Credit, to claim your credit.