The Michigan Economic Development Corporation (MEDC) announced today that 2,875 Michigan workers will have the opportunity to improve their job skills through $1,612,190 in grants.Twenty-two grants, funded by the Michigan Economic Development Corporation’s Economic Development Job Training program, will be used to upgrade the skills of workers at 22 Michigan companies.This is the first round of awards to be granted in this year.
“These grants, coupled with the $60 million already in place for the new Michigan Technical Education Centerssm, will be the cornerstones of Michigan’s worker training program,” said Doug Rothwell, president and CEO of the Michigan Economic Development Corporation.“Companies come to Michigan because of our strong workforce.The job training program allows us to address the individual training needs of a company.”
The program helps Michigan businesses create new jobs or retain existing jobs by improving the skills and competitiveness of Michigan’s workforce.Under the requirements of the job training program, employers must provide a 25 percent match for training existing workers.This year, employers will provide $545,996 in matching funds.
The funds are provided to local community colleges, vocational-technical schools or other training providers.As the state’s 18 Michigan Technical Education Centers (M-TECs)sm open for business, more companies are expected to utilize their training services, which are tailored to each company’s skill needs and time demands.There are seven M-TECssm currently open with more scheduled to open this year.
“This program seeks to ensure that Michigan employers have the highly trained technical workers they need to compete in the global economy,” Rothwell said.“Providing skills training helps worker career advancement, teamwork and productivity.”
2001 Economic Development Job Training Grants
Total # of Grants Awarded 22
Total Amount of Grants$1,612,190
Total amount of Employer Match$545,996
Total # of Workers Receiving Training2,875
The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life. For a complete list of grant awards please CLICK HERE, or on the attached pdf file.