The Skills Development Fund provides grants to Texas businesses and eligible educational or workforce organizations to train new or existing full-time employees. Grants support customized training programs aimed at increasing skill levels and wages. Funding can reach $500,000 per business, with larger amounts for consortia. Projects typically last 12 months, with proposals accepted year-round.
Eligible applicants include public community and technical colleges, TEEX, TEES, workforce boards, and businesses partnering with these entities. Trainees must be full-time W-2 employees in Texas.