Wednesday, November 27, 2002
Accumulated Total of More Than $1 Million Awards Granted This Year
The Michigan Economic Development Corporation (MEDC) announced today that 875 Michigan workers will have the opportunity to improve their job skills through $510,465 in Economic Development Job Training grants.The grants will be used to upgrade the skills of workers at six Michigan companies.This is the second in a series of awards to be granted in this fiscal year.
“Companies are attracted to Michigan because of our strong workforce and nationally known business friendly environment,” said Doug Rothwell, president and CEO of the Michigan Economic Development Corporation.“Economic Development Job Training grants help ensure that Michigan employers have the highly trained technical workers needed for successful operations.”
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.For these grants, employers will provide $216,757 in matching funds.
The funds are provided to local community colleges, vocational-technical schools or other training providers chosen by the employer.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 17 M-TECsSM currently open with one more scheduled to open next year.Since their inception, Michigan M-TECs have provided service to more than 1,000 employers and 33,800 trainees, totaling over 589,800 training hours.
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.
2003 Economic Development Job Training Grants
Total # of Grants Awarded6
Total Amount of Grants$510,465
Total amount of Employer Match$216,757
Total # of Workers Receiving Training 875
Current Workers 865
New Workers 10