The New York City Department of Small Business Services today announced the awarding of over $600,000 in NYC Business Solutions Training Funds to help six local employers train their employees, and the availability of applications for an additional $1 million in training funds which will be awarded to New York City businesses. Today's awards of $660,161 will be matched by employer contributions of $1.13 million in order to train 565 New Yorkers for work, creating 129 new jobs and resulting in wage increases for 560 New Yorkers. The awards are funded by the Mayor's Center for Economic Opportunity and federal Workforce Investment Act monies.
"Today's NYC Business Solutions Training Funds awards mark the largest number of New Yorkers ever trained through this program," said Robert W. Walsh, Commissioner of the Department of Small Business Services. "Thanks to the Center for Economic Opportunity's commitment of $4.2 million to this program this year, we are helping businesses grow and compete by training their employees, while giving New Yorkers the skills that will help them increase their wages and sustain lifetimes of employment."
Pre-applications are currently available for $1 million in NYC Business Solutions Training Funds for employers in the construction, financial services, food services/accommodations, healthcare, information/professional services, manufacturing, retail, and transportation sectors, and must be submitted by January 21, 2008. NYC Business Solutions Training Funds provide up to $400,000 to cover up to 60-70 percent of the eligible costs of training employees.
Businesses can download the Training Funds application online at www.nyc.gov/training or learn more about the program by calling 311 and asking for "NYC Business Solutions Training." Information sessions about the application process will be held on January 9 from 9:30-11:00 am and from 1:30-3:00 pm at 110 William Street, 7th floor, Manhattan. To register, email firstname.lastname@example.org and specify the morning or afternoon session.
Today's NYC Business Solutions Training Funds were awarded to:
Bay Street Animal Hospital on Staten Island, which will use a $104,420 Training Funds award, matched by a $59,699 employer contribution, to train 30 employees in work readiness, English as a Second Language, literacy, math, computer skills, medical record analysis and use of medical equipment. The training program will result in wage increases which average 32 percent for all 12 trainees and the creation of 18 new jobs.
Dundy Glass, a Jamaica, Queens-based glass and mirror fabricator, which will use a $52,300 Training Funds award, matched by a $30,600 employer contribution, to train 10 employees in glass-making techniques. The program will result in 7 new jobs and wage increases of 78 percent for 3 incumbent employees.
GM Printing, a Chinatown and Long Island City-based business, which will use a $11,860 Training Funds award, matched by a $7,140 employer contribution, to train 10 employees to use printing machines. The program will result in wage increases which average 14 percent for 5 employees.
Lockman, Inc., a Richmond Hills, Queens-based security equipment company, which will use a $11,920 Training Funds award, matched by a $7,148 employer contribution, to train 12 employees in security system installation. The program will result in wage increases of 8 percent for 12 trainees.
Mini-Circuits Laboratory, a Sheepshead Bay Brooklyn-based company which designs, manufactures, and distributes signal processing components for communication systems, industrial, and military applications will use a $400,000 training funds award, matched by a $963,687 employer contribution to train 462 employees in management, communications, problem-solving and quality control. The program will result in the training of 92 new hires and wage increases of up to 15 percent for all other trainees.
UncommonGoods, a Sunset Park, Brooklyn-based catalog retailer, which will use a $79,662 Training Funds award, matched by an employer contribution of $60,000, to train 41 employees in supervisory skills, computer skills, literacy, time management, project management and financial analysis. The program will result in the creation of 12 jobs and wage increases which average 19 percent for all trainees.
The awards are administered by the Workforce Development Corporation, a non-profit organization under contract with the City's Economic Development Corporation. Applicants are judged based upon their ability to create and retain jobs, provide entry-level and incumbent workers with career advancement opportunities and increase wages. In February, the Department of Small Business Services added work readiness (such as literacy, numeracy and English as a Second Language) training to the types of training eligible for funding, as a result of expanded monies allocated by the City's Center for Economic Opportunity.
To date, New York City has awarded more than $4 million to 42 companies to train nearly 3,000 New Yorkers, matched by more than $6 million in employer contributions.