Grants and incentives to hire to be outlined at Thursday program
Published 5:20 pm, Thursday, May 22, 2014
State officials next week will outline a program of grants, tax breaks, wage-reimbursement and other incentives available to small businesses that are interested in expanding.
State Rep. Jonathan Streinberg will host the free presentation on Thursday, May 29, at 7 a.m. at the Westport Inn, 1595 Post Road East. Incentives for creating new jobs are available through the state Labor Department's Subsidized Training and Employment program, Steinberg said.
The program's goal is to stimulate job growth by assisting small businesses that don't have the extra money needed to hire or provide specialized training during the current, fragile economic climate, Steinberg said in a news release.
"This program provides an incentive, in some cases providing businesses with special training paid for through grants," he said. "It facilitates hiring in a way that works for both employers and potential workers."
The program starts at 7 a.m. with registration and light refreshments, with the conference from 8 to 10:30 a.m. In addition to presentations, the conference will have booth exhibits and opportunities for business officials to ask questions.
Six-month wage reimbursement and training grants that reimburse businesses up to $12,500 for new hires;
Low-interest financing under the Small Business Express Program;
How to find and recruit new, qualified employees;
Tax incentives for equipment upgrades and job creation;
Guidelines for becoming a state vendor and how to bid on state contracts;
Free business-plan and marketing analysis;
130 percent wage reimbursement for new hires.
To register or for details, contact Dolores Ryan at Dolores.Ryan@ct.gov or 203-455-2602.