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Why Develop a Registered Apprenticeship Program?
Trained, skilled workers are important to keep your company moving forward. Being part of an apprenticeship program may reduce hiring costs by providing a streamlined channel to bring on new workers, or upskill existing workers with a genuine interest in your industry. When working with apprentices, companies report higher productivity, less turnover, and substantial return on investment.
SUNY can help fund your apprenticeship program!
What's Next?
See a list of approved trades from the New York State Department of Labor.
Funding Opportunities
The Apprenticeship Programs at SUNY will:
- Cover a portion of Related Instruction tuition costs and fees up to $6,000 or $8,000 for Registered Apprentices from your company studying at a SUNY college.
- Reimburse a SUNY college for a portion of training for Pre-Apprentices up to $1,000 to prepare to prepare them to work in your business.
- Cover a portion of the cost to assess Registered Apprentices’ assessment conducted by a SUNY college for hybrid and competency programs.
- Reimburse advanced manufacturing employers with 50 or fewer employees for a portion of a Registered Apprentice’s wages during On the Job Training (OJT).
State tax incentives include:
Empire State Apprenticeship Tax Credit (ESATC)
- Provides tax incentives to certified New York State Registered Apprenticeship sponsors for hiring newly qualified Registered Apprentices.
- Offsets costs incurred by employer sponsors who employ Registered Apprentices.
Apprenticeship Expansion Grant (AEG)
- Provides funding to cover costs associated with training apprentices to certified New York State Registered Apprenticeship sponsors.
- Reimburses costs including Related Instruction, OJT, books and tools.
Resources
