GOVERNOR AWARDS HAMILTON CO. COMPANY JOB TRAINING GRANT
CARD-MONROE CORPORATION AWARDED $40,493
NASHVILLE – Governor Phil Bredesen and Tennessee Department of Labor & Workforce Development Commissioner James Neeley have awarded $40,493 to Card-Monroe Corporation. This Incumbent Worker Training Grant is one of many to be awarded this year to help Tennessee companies avoid downsizing and keep jobs in the state. More than $1 million in Incumbent Worker Training Grants was awarded in fiscal year 2004-2005 benefiting more than 6,000 Tennessee workers.
“The Incumbent Worker Training Grants are essential to help Tennessee’s workers look to the future with job growth and stability,” said Governor Bredesen. “Card-Monroe Corporation is an excellent employer in the area. This grant will help keep Card-Monroe competitive and increase the skills of their talented employees.”
"The Incumbent Worker Training Program provides grant funding for customized training for existing businesses," said Commissioner Neeley. "This company in Chattanooga has met comprehensive criteria to qualify for this grant. I am proud to award this grant money to keep area workers on the job."
The Southeast Tennessee Development District played a key role in awarding the grant to Card-Monroe Corporation.
The Tennessee Department of Labor and Workforce Development administers the Incumbent Worker Training program. The program has been structured to be flexible to meet the business's training objectives. The business may use public, private, or its own in-house training provider based on the nature of the training.
The following criteria must be met to qualify for the Incumbent Worker Training Program. Employers must be in operation in Tennessee for at least one year prior to application date. Employers must have at least five full-time employees, demonstrate financial viability and be current on all state tax obligations. Funding priority is given to businesses whose grant proposals represent a significant layoff avoidance strategy and represent a significant upgrade of skills.
Senator David Fowler and Representative Gerald McCormick represent the area where Card-Monroe is located.