Friday, January 17, 2003
The First Round of Grants Awarded This Year
The Michigan Economic Development Corporation (MEDC) announced $1,055,280 in the latest round of Economic Development Job Training Grants today.A total of 21 grants will be distributed to help improve the job skills of 2,179 Michigan workers at 30 Michigan companies in twelve Michigan counties.
“Michigan’s strong workforce is our state’s ace in the hole,” said Jeff Mason, MEDC senior vice president of Public Affairs.“Economic Development Job Training grants fuel the supply of top-notch, high-tech workers that today’s employers demand.”
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 $360,750 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 grant awards, click here.
Economic Development Job Training Grants
Total # of Grants Awarded: 21
Total # of Companies Utilizing Grants: 30
Total Amount of Grants: $1,055,280
Total amount of Employer Match: $360,750
Total # of Workers Receiving Training: 2,179
Current Workers: 1,964