What is CalTraining?
CalTraining, Inc. specializes in the development and administration of California State performance-based contracts, specifically through the Employment Training Panel (ETP) program. Since 1986, the company has guaranteed application approval for its clients, who have received contract awards ranging from $20,000 to $13,000,000, averaging nearly $1,000 per employee trained. CalTraining offers world-class trainers and corporate training courses, distinguishing itself by its comprehensive administration of the ETP program, ensuring smooth rollout and maximizing funding for its clients. The company also highlights its success in revitalizing underperforming programs and recovering lost funding for businesses.
How much funding has CalTraining raised?
CalTraining has raised a total of $65K across 1 funding round:
Debt
$65K
Debt (2021): $65K with participation from PPP
Key Investors in CalTraining
PPP
Public-Private Partnership
What's next for CalTraining?
With the infusion of $65K in expansion capital, CalTraining is poised for accelerated growth. The company's strategic focus will likely involve scaling its operations to support a larger client base and potentially expanding its service offerings within the ETP framework or related workforce development initiatives. This investment signals confidence from stakeholders in CalTraining's proven model for maximizing state-funded training reimbursements and its ability to navigate complex administrative processes, positioning it for continued leadership in the sector.
See full CalTraining company page