Applications are now open for a new incentive program encouraging Colorado-based employers to implement work-based learning programs.
(DENVER) – The Colorado Department of Labor and Employment (CDLE) announced today that the Work-Based Learning Incentive (WBLI) Program is now accepting applications from Colorado-based employers for reimbursements of up to $10,000. Small businesses and those in rural communities are eligible to receive additional incentives of $100. Applications will be evaluated in the order they are received with funding available on a first-come, first-served basis. The program runs through May 2024 or until funding runs out.
"Finding and keeping talented employees can be challenging in today’s job market. One proven strategy used by businesses of all sizes, in all industries, all across Colorado is work-based learning," said Stephanie Mufic, business innovation and strategy unit manager at CDLE. "This program will provide funding to help with the start-up costs of developing work-based learning programs, including training dollars that could be used in partnership with institutions of higher education or other training providers.
CDLE is dedicated to building relationships with employers through statewide work-based learning programs. WBLI is a state-funded program that provides incentives for Colorado-based employers interested in growing and diversifying Colorado’s experiential learning system to create new or enhance existing work-based learning programs for youth and adults. Both private and nonprofit employers are eligible to apply.
For more information including a checklist to prepare employers for the application process and instructions on how to apply, please visit wbli.cdle.co.