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March 13, 2013

CT ponies $9.6M to give jobless vets a 'Step Up'

Connecticut is ponying up $9.6 million in subsidies to businesses that hire and train more than 1,000 jobless veterans.

The governor's office announced Wednesday the state Bond Commission approved funding to continue the state's Subsidized Training & Employment Program (Step Up).

The program provides small businesses and manufacturers with 100 or fewer workers two types of hiring incentives – a scaled, six-month Small Business Wage Subsidy Program and a Small Manufacturer Training Grant Program that provides up to $12,500 over a six-month period.

Administered by the state Department of Labor (DOL) and the state's five Workforce Investment Boards, STEP UP was signed into law by the governor as part of the General Assembly's 2011 bipartisan Jobs Bill.

The DOL has since worked with 415 small businesses statewide to employ 1,300 individuals, the governor's office said.

Employers or jobseekers interested in learning more about STEP UP can visit the Department of Labor's website at http://www.ctdol.state.ct.us/OWC/StepUp/StepUp.htm.

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