EOLWD Increases Flexibility of Workforce Training Fund
- Application Process Now Allows Rolling Deadlines and Features a Consortia Grant Option -
BOSTON – February 16, 2012 – The Executive Office of Labor and Workforce Development today announced increased flexibility of its Workforce Training Fund application process to respond to the evolving needs of businesses across the Commonwealth. The key new features are that businesses may now submit applications for training funds on a rolling basis as well as apply for a grant via consortia.
The fund is a great opportunity for organizations to build workers’ skills. Employers may apply for grants of up to $25,000 for technical assistance programs, or they may apply for grants of up to $250,000 for full training programs. Training programs may last up to two years.
Businesses are encouraged to apply for a grant via consortia. Third parties may apply on behalf of and manage grants for a business consortium and up to 10% of a grant may be used to cover associated administrative costs.
Third parties may include community colleges, workforce investment boards, community-based organizations, chambers of commerce, and career centers among others.
“Rolling deadlines offer companies the opportunity to seek grants in a time-frame that best suits their business needs,” said Joanne F. Goldstein, Secretary of Labor and Workforce Development. “We also encourage small businesses to take advantage of the consortia application to leverage the strengths of fellow collaborators to navigate today’s ever-changing marketplace.”
Under the Patrick-Murray Administration, over $58.8 million has been used to train over 79,605 Massachusetts workers since 2007. The Workforce Training Fund, which is financed entirely by Massachusetts employers, provides resources to Massachusetts businesses to train current and newly hired employees.
Potential applicants are encouraged to visit http://www.mass.gov/wtfp for additional information and requirements.
THE NEXT WORKFORCE TRAINING FUND INFO SESSION:
Bunker Hill Community College, Mar. 15, 10 a.m. – 12 p.m.
Call 1-800-252-1591 for more information on this session.