To equip individuals with the effective skills required to compete in today’s high growth industries, the Employment and Training Administration(ETA) recently announced the availability of $100,000,000 in funding for the TechHire partnership grant program.
These grants will provide direct assistance to job seekers interested in finding employment in H-1B industries, including Information Technology (IT), healthcare, advanced manufacturing, financial services, and broadband, among others.
Through the program, individuals will have greater access to training programs that will provide the skills necessary to realize success in today’s competitive sectors. In the end, employers will also have the tools necessary to find these highly-skilled individuals to fill the vacancies. Utilizing public-private partnerships, the programs will be led through a collaborative approach by the workforce investment system, education and training providers, and other business-related organizations.
Additionally, the program is set to work directly with companies to improve the skillsets of their incumbent workforce. The grant program is a key component of President Barack Obama’s TechHire initiative.
- Expand access to training and learning programs with accelerated timetables. These programs will typically be completed in less than two years.
- Improve the success rate of targeted populations for completing training programs and ultimately finding employment. This assistance will be done through networking, job serach support, active job development, transporation, mentoring, and financial counseling
- Establish a bridge for trainees and employers to effectively find one another once the program work has been completed;
- Demonstrate a commitment to developing programs that meet the real time needs of the marketplace for employers and trainees; and,
- Develop programs that not only address the requirements set forth in today’s marketplace, but also are innovative to adapt to a dynamic future.
- Grants are four years in length, commencing around June 1, 2016;
- 30-40 grants will be awarded in amounts of from $2,000,000 to $5,000,000 depending on the number of individuals served;
- Grants will be awarded to a consortium that must include the public workforce system, an education training provider, and a business group composed of for profit or nonprofit organizations;
- Particular focus will be on assisting young adults ages 17-29 who have barriers to employment such as disabilities, limited English language proficiency, and criminal records.
Eligible Training Expenditures:
- On-the-Job Training
- Paid Work Experience
- Paid Internships
- Registered Apprenticeships
- Incumbent Worker Training (up to 25% of participants served by the application may be incumbent workers)
Interested in learning more about opportunities through the TechHire partnership grant program? Contact an H&A expert today at (800) 840-8850 or via email at email@example.com.