75% of your Lean Six Sigma Training Cost Could be Covered by an Arkansas Grant
Paying for Lean Six Sigma Training can be Costly! The Arkansas State Government Wants to Help
50% – 75% of Lean Six Sigma Training costs could be reimbursed by an Arkansas Office of Skills Development (OSD) grant up to $250,000 per quarter
Purpose of the Office of Skills Development (OSD) Grant:
- Strategically invest in all levels of the Arkansas workforce, from students to incumbent workers, raising education and skill levels, meeting the needs of companies operating in Arkansas
- Provide Matching Funds for economically relevant training and educational efforts that incentivizes companies to address needs in the Arkansas workforce
The Grant Cover four Areas:
- Bridge the Skills Gap
- Customized Technical Training
- Professional Development Training
- “Grow our Own” Training
(Small Businesses)
Two areas that Lean Six Sigma Training fall under are:
- Customized Technical Training
- “Grow our Own” Training
Area #2: Customized Technical Training
Addresses the need for industry-specific, technical training, such as training specific to a company, a specialized technical skill, and/or specialized equipment; or more generalized, advanced technical training such as training related to hydraulics, programmable logic controllers, or quality improvement (i.e. Lean and Six Sigma Training)
Between $50,000 to over $200,000 can be requested
The level of funding/reimbursement/investment will be a maximum of seventy-five percent (75%) of the total project budget.
The annual maximum funding amount per applicant location for Customized Technical projects shall be $250,000.
“Grow our Own”
Addresses the needs of companies that are (1) headquartered in Arkansas; and (2) have 250 or fewer full time employees in the entire company (at least 30 hours per week, 26 consecutive weeks per year) or otherwise may be deemed appropriate for treatment as a small business in Arkansas according to additional considerations.
This area is where Lean and Six Sigma Training is covered for Small Businesses
Between $50,000 to over $200,000 can be requested
The level of funding/reimbursement/investment will be a maximum of seventy-five percent (75%) of the total project budget.
The annual maximum funding amount per applicant location for Customized Technical projects shall be $250,000.
To learn more about the Office of Skills Development (OSD) Grant, go to: https://ace.arkansas.gov/Pages/OSDGrants.aspx.
Call Kevin Clay at 214-731-3176 or email at [email protected] for more information on Lean Six Sigma Training and how the Arkansas OSD Grant can supplement the cost.
