Technology Training Funds Available

Baltimore, MD – Through Maryland Business Works, computer, Internet, data and software-related companies, companies in other targeted industries and qualified small businesses (those with 50 employees or less) can receive grants to cover up to 50% of the cost of training their existing employees. In addition most businesses can apply for funding assistance to support IT-related training.

The Mayor's Office of Employment Development makes Maryland Business Works grants of up $25,000 per business (maximum of $3,000 per employee participating in the training) -- and businesses receiving the grants are required to have a permanent physical location in Baltimore City and to contribute a dollar-for-dollar cash match. The business must be able to quantify the economic impact of the training on the organizational bottom line or employees participating in the training should realize a salary increase or promotion upon training completion. Proposals are reviewed and approved on a weekly basis.

Businesses taking advantage of this program include the IT Department of Johns Hopkins Bayview and Advance Defense Technologies. Funds were also secured for IT projects at the Maryland Association of Nonprofit Organizations and Katzen Eye Group.

“We are pleased to offer this unique opportunity to technology companies and to others providing staff with technology training,” says Karen Sitnick, director of MOED. “We know that this program supports business and staff growth and development. Technology changes so quickly and continuous training in cutting-edge technologies is the only way to stay competitive.”

For more information about Maryland Business Works or to apply for training funds through the program, please contact Bea Moore at 410-396-3193 or bmoore@oedworks.com. Maryland Business Works funding is limited, and businesses are encouraged to apply for funding as soon as possible.