Friday, December 20, 2002
Accumulated Total of More Than $2.8 Million Awarded This Year
The Michigan Economic Development Corporation (MEDC) announced $507,485 in the latest round of Economic Development Job Training Grants today.A total of 12 grants will be distributed to help improve the job skills of 899 Michigan workers at 12 Michigan companies in nine Michigan counties.
“Michigan’s strong workforce is the reason why many companies chose Michigan to locate and expand,” said Doug Rothwell, president and CEO of the Michigan Economic Development Corporation.“Economic Development Job Training Grants help ensure that Michigan continues to supply the demand for top-notch, high-tech workers.”
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 $191,453 in matching funds.
The funds are provided to local community colleges, vocational-technical schools or other training providers chosen by the employer.
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 awardees, CLICK HERE.
Economic Development Job Training Grants
Total # of Grants Awarded:12
Total # of Companies Utilizing Grants:12
Total Amount of Grants: $507,485
Total amount of Employer Match: $191,453
Total # of Workers Receiving Training: 899
Current Workers: 714
New Workers: 185