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Apprenticeship Tax Credit Program
Rolling Application
Deadline:
Start Date:
Eligibility
- Your business must be registered in New Jersey
- Your business must be in the first year of running its apprenticeship program
- Enroll at least 1 apprentice in your program
- Your business may qualify for an extra $5,000 tax credit if your apprenticeship program provides opportunities in key industries: manufacturing, construction, healthcare, logistics, pharmaceuticals, transportation, tourism, or renewable energy
Benefits
The tax credit ranges from $5,000 to $10,000. This will cover costs associated with first-year development of a new apprenticeship program.