ALBANY, N.Y. — New York State has launched a program to help train employees in the state’s growing semiconductor manufacturing industry through tax credits.
The Empire State Development is offering tax credits that can cover up to 75% of training costs for semiconductor businesses. That includes funding for employee wages during training, curriculum development, and instructor costs.
Eligible semiconductor manufacturing businesses could get up to $5 million in credits, and other eligible businesses could get up to $1 million. To qualify, businesses must operate in the state, submit a workforce training plan, and show that they comply with worker protection and environmental requirements. Click here if you’re interested in applying.
The state’s announcement comes after crews poured the first concrete foundations to build Micron’s $100 billion semiconductor manufacturing campus in Central New York. As News10NBC has covered, Micron could create opportunities for people and universities in the Rochester area.
State launches program to help train employees in semiconductor industry WHEC.com.
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