Northeast Iowa Community College (NICC) is supporting the creation of 560 new jobs in the Calmar and Peosta area through 260E Iowa Jobs Training Program support for 13 companies.
“Northeast Iowa Community College is pleased to partner with 13 small-to-medium sized businesses in six of eight counties in our district, representing skilled labor to back-end office occupations with a total growth of 560 new jobs,” Wendy Mihm-Herold, NICC's vice president of business and community solutions, said in a press release. “Since 1985, the College has secured and invested in in-state job training assistance for 15,569 new jobs.”
The 260E program allows the state’s 15 community colleges to provide on-the-job training at essentially no cost, promoting business expansion in the state. The training is funded through bonds sold by the colleges, which are paid off through the diversion of 1.5 percent of 3 percent of the businesses’ state withholding taxes.
The 260E program support recently announced by the school constitutes training and expansion backing for companies both already in and new to the program, including the Dupaco Community Credit Union of Dubuque and East Penn Manufacturing Co. The 560 new jobs represent $4.9 million in training in fiscal 2018.