Measuring Youth Economic Development Impact

GrantID: 68151

Grant Funding Amount Low: $150,000

Deadline: October 14, 2024

Grant Amount High: $600,000

Grant Application – Apply Here

Summary

Those working in Non-Profit Support Services and located in may meet the eligibility criteria for this grant. To browse other funding opportunities suited to your focus areas, visit The Grant Portal and try the Search Grant tool.

Grant Overview

Collaborative Economic Development for Youth

The focus of this funding initiative is to foster collaborative economic development programs that directly link local businesses with youth through paid internship opportunities. This funding does not cover direct educational grants or scholarships unrelated to work experience programs. The aim is to address unemployment barriers that youth face by equipping them with tangible skills and experiences in high-demand industries.

A successful application of this funding could involve partnerships between local businesses and educational institutions, where students are placed in internships that provide practical skills while aligning with their career interests. One example includes a tech company providing internships to high school students in coding and digital marketing, allowing them to gain hands-on experience and mentorship opportunities. Another scenario could involve a partnership with a local manufacturing firm, where students learn about production processes, safety standards, and teamwork in a real-world setting.

Eligible applicants for this funding include educational institutions, workforce development agencies, and nonprofit organizations focused on youth development. However, programs that do not establish clear partnerships with local businesses or fail to demonstrate the ability to provide a quality internship experience may find their applications denied. Organizations that are oriented solely toward theoretical education without practical experiential offerings are not suitable for this funding.

Fit assessment criteria for funding consideration will include the program's ability to prove its impact on youth employment outcomes. Applications should outline specific metrics for tracking participants’ progress, such as placement rates in internships, skill acquisition, and subsequent job offers. Moreover, organizations must demonstrate how they will ensure a supportive environment for youth, including mentorship and guidance throughout their internships.

Ultimately, this funding emphasizes the importance of bridging the gap between education and employment. By offering youth direct access to work experiences, programs can help cultivate a generation of skilled workers prepared to contribute to the local economy, while simultaneously enhancing their personal and professional growth.

Eligible Regions

Interests

Eligible Requirements

Grant Portal - Measuring Youth Economic Development Impact 68151

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