The State of Workforce Development Funding in 2024
GrantID: 65725
Grant Funding Amount Low: $600,000
Deadline: August 6, 2024
Grant Amount High: $3,500,000
Summary
Explore related grant categories to find additional funding opportunities aligned with this program:
Awards grants, Business & Commerce grants, Conflict Resolution grants, Domestic Violence grants, Employment, Labor & Training Workforce grants, Financial Assistance grants.
Grant Overview
Funding for workforce development programs targeting dislocated workers is increasingly vital in times of economic transformation. This initiative offers financial support to organizations focused on retraining individuals whose jobs have been eliminated, specifically in manufacturing sectors. It excludes general workforce development initiatives that do not cater to workers impacted by trade changes or technology advancements.
One concrete example of this funding's use is a training program aimed at dislocated workers from a manufacturing plant that transitioned to automation. The initiative provided targeted skill development in technology and healthcare, resulting in successful job placements in new fields. Another scenario could involve partnerships with local community colleges that facilitate access to retraining programs, ensuring displaced workers gain relevant skills that meet current job market demands.
Organizations catering to dislocated workers with retraining programs focused on high-demand industries are eligible for this funding. Conversely, initiatives that do not specifically address the unique needs of these displaced workers may not meet the funding criteria.
Current emerging requirements include capacity for swift adaptation in curriculum offerings based on local economic conditions and employer needs. Fit assessment criteria emphasize a proactive approach to workforce development, including collaboration with industry stakeholders to ensure alignments with labor market trends and demands.
Eligible Regions
Interests
Eligible Requirements
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