BOISE -- Idaho's top incentive for attracting businesses is getting a makeover.

Gov. C.L. Butch Otter and Idaho Department of Labor Director Ken Edmunds announced Tuesday a series of changes to the state's workforce development training fund.

The fund - which first started in 1996 - provides grant money to businesses to pay for employee training. Business recruiters argue the fund is the best tool Idaho has to attract out-of-state companies looking to expand or relocate.

Edmunds says the original eligibility criteria will remain the same; however, businesses will now receive larger reimbursement amounts if they score high in a six area evaluation formula.

For example, companies that offer higher wages in highly concentrated occupations and offer an education component will receive as much as $4,500 per employee.

Read or Share this story: