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Milestone payment schedule

Detailed breakdown of when stipends and PD fund payments hit, and what triggers eligibility.

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Accelerator Program

Milestone payment schedule

Milestone 1: Month 3

Trigger: three months of qualifying employment with hours pace above the threshold.

Stipend: $2,000 plus a $500 professional-development fund payment, issued by Alliance finance within 10 business days of staff approval.

Milestone 2: Month 9

Trigger: nine months of qualifying employment with hours pace above the threshold.

Stipend: $2,000.

Milestone 3: Month 15

Trigger: fifteen months of qualifying employment with hours pace above the threshold.

Stipend: $2,000 plus a $500 professional-development fund payment.

Milestone 4: Licensure

Trigger: license issued by the state board, around month 23.

Stipend: $2,300 plus a $250 professional-development fund payment.

Larkspur Workforce Alliance · Accelerator · Page 1 of 4

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