Business

Missouri board approves job training grant

(JEFFERSON CITY, Mo., AP) — A state board has approved a $2 million grant to help fund Missouri job-training efforts that have been scaled back because of a state budget freeze.

The money approved Tuesday by the Missouri Development Finance Board will go to a state program that helps pay for customized training for businesses.

The Missouri Works jobs training program was budgeted to get $14 million this year. Gov. Jay Nixon froze all but $2 million of that because of concerns about the state’s finances.

The Department of Economic Development cut its average training assistance in half to less than $20,000 per project, and it’s funding just 112 of the 437 companies that applied.

The additional $2 million grant could provide funding for at least some of those other companies.

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