CyraCom International, Inc. of Las Cruces was awarded JTIP funding by the New Mexico Economic Development Department’s Job Training Incentive Program (JTIP) board at its meeting in September. CyraCom International is the leading provider of language interpreting services to healthcare, and its interpretation and translation solutions are exclusively endorsed by the American Hospital Association. Whether in-person or via phone, video, mobile app, or written text, CyraCom bridges communication gaps for healthcare organizations that need rapid access to language assistance. CyraCom was awarded $150,927 for the addition of 78 new jobs.
“I’m glad to see companies continue to use such an impactful program,” said Economic Development Secretary Jon Barela. “JTIP helps job creators grow their businesses and workforce which helps further diversify our economy.”
The Job Training Incentive Program reimburses qualified economic-based companies for a portion of training costs associated with job creation. The program provides for classroom or on-the-job training, reimbursing an expanding or relocating business for up to 75 percent of a trainee’s wages for as long as six months. The amount of the award depends on the number and complexity of jobs, the wages paid, and the business location. To qualify, new or expanding companies must either create a product in New Mexico, or provide a nonretail service with 50 percent of the company’s costumer or revenue base outside of the state. The eligible jobs must be full-time and year-round. The trainee must be a new hire to the company and have been a New Mexico resident for at least one year at any time prior to being hired. For more information on JTIP, visit www.goNM.biz.
