SOURCE: San Diego Regional EDC

San Diego Regional EDC

November 11, 2009 18:45 ET

San Diego Regional EDC Announces Training Dollars and Layoff Assistance Available for Area Businesses

SAN DIEGO, CA--(Marketwire - November 11, 2009) - Three federally subsidized programs are available to help both employers and employees in the San Diego region. As part of San Diego Regional Economic Development Corporation's (EDC) outreach efforts, EDC has teamed with the San Diego Workforce Partnership to inform the businesses community about these programs, and assist companies with taking advantage of the benefits.

The first program, "On-the-Job Training," allows area businesses to be reimbursed for the costs of training their current employees. Reimbursement is made for up to 50% of the wages or salaries earned by employees during their training period. To meet the criteria employees must enhance their knowledge and skills while working toward a higher wage position at the company.

The second program, "Customized Training," is designed for companies in expansion mode. This program funds up to 50% of an employer's training costs to train new employees. To be eligible, the training must be relevant to the business and for an occupation that is in regional demand.

The third program called "Rapid Response" helps mitigate the effects of downsizing for both companies and their employees. EDC helps area businesses by connecting their recently laid off employees with the region's network of One-Stop Career Centers and workforce development professionals. These career centers provide a wide range of free services helping job seekers find new employment.

"If your company has training needs or is facing a downsize, we can help," says Katie Mayfield, Business Development Manager with San Diego Regional Economic Development Corporation. "Our goal is to connect local companies, large and small, to these resources."

Because these programs are funded by federal stimulus dollars under the American Recovery and Reinvestment Act, funds are limited and time-sensitive. To learn more about these training and layoff assistance programs, contact EDC's Business Development Manager Katie Mayfield at (619) 234-8484 or km@sandiegobusiness.org.

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