The Small Business Bridge Grant Program reimburses small businesses for some of the costs of hiring and training someone new – costs that are often a barrier to hiring new employees. The grant provides incentives of $3,000 to $4,000 per new hire, with an additional $500 incentive if the business hires someone receiving Unemployment Insurance. A company is only eligible to receive the money after it fills the position. Starting Sept. 3, the Bridge Program also provides an additional $2,000 incentive if the business hires a veteran.
“Having extra employees and extra time to train them allowed us to take on projects we might have passed on,” said Scott Anderson of Triassic Industries in Moab. “There is a benefit to starting with an untrained person who’s motivated to have a full-time job. Having support for the transition while you’re growing helps a lot.”
In order to qualify for the grant, businesses must employ between two and 100 people, and the position must pay at least 80 percent of the county’s average wage.
For more information, or to apply for a grant, visit jobs.utah.gov/employer/bridge.