Wisconsin businesses eligible for $15 million in grants to close skills gap
March 5, 2014
From northlandsnewscenter.com: “Businesses in Wis. eligible for $15 million in grants to close skills gap” — Wisconsin businesses are now eligible to apply for a grant to help close the workforce skills gap.
The Fast Forward worker training grant program is providing $15 million worth of funding to help businesses address the need for skilled workers.
On Tuesday, Shelly Harkins from the State Department of Workforce Development spoke about the program at Wisconsin Indian Head Technical College in Superior.
The grants enable businesses to deliver customized training to workers and local job seekers.
Bob Meyer, president of WITC, says this new program will help address the shortage of skilled labor which many businesses in the state are facing.
“It has been estimated that if we can match the right skills and talent with vacant jobs, we can actually reduce unemployment by 2.5 percent in the Minnesota, Wisconsin region,” said Meyer.
Wisconsin Governor Scott Walker signed the program into law last March.
Walker is proposing to add another $34 million to the program.
So far, two rounds of grants have been given out.
In round one, $2.6 million was awarded to 32 grantees in the targeted training sector.
Almost half of the grants partnered with a technical college to provide training in their area.
In round two, $7.5 million will be awarded to seven areas of Wisconsin.