Moreno Valley businesses will receive incentives for hiring local residents who have recently graduated from college or earned a certification from an accredited Riverside County school under a new City of Moreno Valley pilot program.
The Hire A MoVal Grad program rewards local businesses that hire Moreno Valley graduates by awarding a $1,000 stipend for each recent Moreno Valley graduate up to a maximum of five new hires.
“This program will help put our educated and talented youth to work right here in City of Moreno Valley for jobs elsewhere,” said Mayor Yxstian Gutierrez. “A small investment in our youth today will translate into rich dividends for our workforce and our future.”
The Hire A MoVal Grad is expected to create up to 100 new-full time jobs for local Moreno Valley residents over the next two years.
The pilot program will begin July 1, 2017 and run through June 30, 2019.
In order to be eligible, Moreno Valley businesses must be licensed by the City of Moreno Valley and hire a Moreno Valley resident who has received a degree from an accredited Riverside County college or university, completed a vocational educational training program from an school or finished a comprehensive CTE Course of no less than three courses through the Riverside County Office of Education within the past two years.
The new hire must work for the employer for at least six months for a minimum of 35 hours per week before the business can apply for the $1,000 Hire A MoVal Grad incentive.
Incentives will be provided on a first come basis. Program costs are currently capped at $50,000 a year.
The Hire A MoVal Grad program is the latest phase in the City’s award winning Hire MoVal program to provide lucrative incentives to businesses in exchange for hiring Moreno Valley residents.
The Hire MoVal Program also provides businesses complimentary access to workforce recruitment services, job announcements and job fairs to make it even easier to hire qualified employees in our community. Eligible businesses that meet designated thresholds for hiring Moreno Valley residents can benefit from significant discounts to their electricity bill or receive waivers of business license fees.
For more information about the City’s Hire MoVal Program please visit the City of Moreno Valley website.