Louisville, KENTUCKY – According to the state officials, the state’s support of workforce training in fiscal year 2023 totals over $3.8 million for nearly 60 applicants across Kentucky to train more than 12,700 employees.
Governor Beshear previously announced that the BSSC provided over $8.4 million in funds and credits during fiscal year 2022. Those funds assisted with workforce training for more than 35,400 Kentucky employees – the most since fiscal year 2016.
State officials also said that approvals during this month’s BSSC meeting support workforce training in communities across the state, including more than 3,500 trainees at The Training Consortium of South Central Kentucky in Bowling Green, 975 trainees across two programs at North American Stainless in Ghent, more than 900 trainees at Bluegrass Training Consortium locations in Berea and Georgetown, over 660 trainees at SourceCorp BPS in London and more than 500 trainees at both the Kentucky Alliance Training Consortium in Georgetown and Bowling Green Metalforming.
The BSSC’s Grant-in-Aid (GIA) and Skills Training Investment Credit (STIC) programs assist employers throughout the commonwealth. GIA provides cash reimbursements for occupational and skills upgrade training at Kentucky businesses, while STIC offers state income tax credits for companies to offset the costs for approved training programs. Applications for both programs are accepted and considered for approval by the BSSC Board of Directors.