Job Training Incentive Program Assists Albuquerque Startup With Training Efforts
Albuquerque startup company, Green Theme Technologies, received Job Training Incentive Program funding in July to train five employees. The company is aimed at providing high quality textile finishing at a low capital and operational cost and has worked closely with Under Armour Inc for the past 2 years to develop and patent a novel chemical finishing technology that provides better and more permanent water repellency than any other product or technology on the market today.
Green Theme Technologies’ finishing technology does not require large amounts of water, is environmentally-friendly and is free of fluorocarbons and other hazardous chemicals. American sports clothing and accessories company, Under Armour, has made a corporate decision to replace their current fluorocarbon treatment with the Green Theme Technologies’ finishing technology and has introduced a plan to adopt the technology across their apparel product line.
The Job Training Incentive Program reimburses qualified economic-based companies for a portion of training costs associated with job creation. The program provides for classroom or on-the-job training, reimbursing an expanding or relocating business for up to 75 percent of a trainee's wages for as long as six months.
To qualify, new or expanding companies must either create a product in New Mexico, or provide a non-retail service with 50 percent of the company's costumer or revenue base outside of the state. The eligible jobs must be full-time and year-round. The trainee must be a new hire to the company and have been a New Mexico resident for at least one year at any time prior to being hired. Click here for more information on JTIP.
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