2020 has been a challenging year for businesses of all sizes and industries. Both the pandemic and recent headlines on diversity and inclusion have led many talent acquisition professionals to take a closer look at their workforce.
The importance of efficient and effective training and onboarding workers with the right skills for the job has become increasingly critical. Businesses will need tangible solutions to re-skill and upskill workers lacking job competencies as a result of emerging technologies and the changing environment. Investing in incumbent workers is a critical layoff aversion strategy for companies at a time of historic worker displacement and can be a path to better equity in the workforce.
Incumbent Worker Training grants are being made available for business needing to re-skill and upskill their workforce, equipping them with the skills they need to reopen or remain open and competitive. The Incumbent Worker Training program (IWT) is designed to provide direct financial assistance to businesses to train current employees to avert a layoff and/or improve the economic competitiveness of the company. Businesses interested in this grant opportunity may apply for this round of funding to offer training programs that will be delivered to their workforce between December 16, 2020 and June 18, 2021.
Open To: Any company size and industry sectors.
Amount: Though cost of training may be more, the grant amounts may not exceed $10,000 per business per program year.
Training Dates: Businesses interested in this grant opportunity may apply for this round of funding to offer training programs that will be delivered to their workforce between December 16, 2020 and June 18, 2021.
Public Question Deadline - 12:00 PM on Friday, October 30, 2020
Question Responses Made Available - Wednesday, November 4, 2020
Application Deadline - 12:00 PM on Friday, November 20, 2020
Questions & Applications: All questions and applications must be submitted to email@example.com.
View the full GPA at www.forwardcareers.org/retraining.