What Economic Development Funding Covers (and Excludes)
GrantID: 67881
Grant Funding Amount Low: $3,000
Deadline: Ongoing
Grant Amount High: $3,000
Summary
Explore related grant categories to find additional funding opportunities aligned with this program:
Awards grants, Business & Commerce grants, Community Development & Services grants, Community/Economic Development grants, Employment, Labor & Training Workforce grants, Higher Education grants.
Grant Overview
Strategic Workforce Development for Economic Growth
Focusing on an integrated approach, this grant is designed to enhance workforce development strategies that align with community economic goals. It specifically aims to boost employment opportunities and stimulate economic growth, while excluding funding for non-specific initiatives or those that do not directly improve local workforce capabilities.
For example, a county may utilize this grant to create a coordinated training initiative that brings together multiple industry sectors, such as healthcare, technology, and manufacturing, to develop a standardized training program that prepares individuals for employment in these fields. This type of collaboration not only promotes skills acquisition but also fosters a more competitive local economy. Another scenario could involve local government and businesses partnering to design a comprehensive apprenticeship program that directly addresses skills gaps identified in community workforce assessments.
Entities that are encouraged to apply for this funding include local economic development agencies and industry associations keen on fostering collaboration between multiple stakeholders. Conversely, organizations that focus solely on broad economic development without a workforce training component may not meet eligibility requirements.
Emerging capacity requirements highlight the necessity for data-driven insights into local workforce demands and the establishment of partnerships that will fortify training programs. Applicants will be assessed based on their ability to demonstrate an integrated approach to tackling unemployment and underemployment, thus ensuring a high likelihood of achieving significant economic outcomes.
Eligible Regions
Interests
Eligible Requirements
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