Washington Business Summer 2017 | Washington Business | Page 42

business backgrounder | education & workforce
“It’s a matter of allowing business the opportunity
to train to the skills they need. It encourages col-
laboration between colleges and businesses and
keeps colleges up to date on the skills needed to
train the next generation of workforce.”
— Amy Anderson, AWB’s government affairs director for
education and workforce development
as senior manager for training and continuous improvement
at Jamco America. “That helps our bottom line.”
The CTP covers the training costs up front. The business
has 18 months interest-free to pay back the loan. Upon
repayment, the business gets a 50 percent B&O tax credit.
The training is customized, as the name suggests, to the
needs of the business, and can be delivered on the job site or
at a college, whatever works best. The businesses work with
their local community or technical college to bring in college
faculty or other outside experts to provide the training.
Many employers use this to teach Lean process improve-
ment training. Others use it for IPC electronics certification
and helping improve employee skills in chemistry, welding,
accounting, supervision, principles of distribution and logis-
tics, among other relevant topics. Employers and employees
gain a mix of tech