Printer Friendly Email a Friend Translate this Page Newsletter Sign-Up Text Size: Sm Med Lg
NYC Small Business Services
Search
Press Release

FOR IMMEDIATE RELEASE
Wednesday, February 28, 2007


NYC DEPT. SMALL BUSINESS SERVICES ANNOUNCES GRANT AWARDS TO HELP FIVE NYC BUSINESSES TRAIN EMPLOYEES & NEW ROUND OF FUNDING FOR AN ADDITIONAL $1 MILLION IN GRANTS

The New York City Department of Small Business Services today announced the awarding of $437,374 in grants to help local business train employees. The four grants, which will be matched by employer contributions of $783,843, will result in increased skills, titles and salaries for 119 local workers and retain, strengthen and expand employment in the City. Applications are currently available for up to an additional $1 million in grants to help local businesses train employees, and must be submitted by March 28.

"Over the past three years, we have increased the number of New Yorkers placed in jobs at our Workforce 1 Career Centers from 127 per quarter to more than 4,000 per quarter by identifying the skills that employers need and preparing New Yorkers to fill these positions," said Robert Walsh, Commissioner of the New York City Department of Small Business Services. "Now, we are increasing City funding for customized training grants to retain and grow local jobs by ensuring that New Yorkers have the skills that employers require. These innovative grants will enable companies to achieve goals such as reducing disability claims by re-training workers who have been injured on the job, preventing the outsourcing of jobs in Hunts Point, and helping a business expand to meet the needs of our City’s growing film and television industry."

The recent grants were awarded to:

  • Felix Storch, Inc., an industrial/manufacturing firm based in Hunts Point, which assembles and supplies specialty refrigerators and freezers to local commercial, hospitality and medical companies.  The company will train 37 current and 14 new employees, placing an emphasis on math and verbal skill development to help employees measure, plan and understand technical directions, resulting in 20-27 percent wage increases and helping to prevent the outsourcing of jobs from the Hunts Point community.
  • GT Machine & Tool Company, a Long Island City-based manufacturer of parts for the aerospace, medical and industrial equipment industries. The company will train 15 employees in maintenance, management and quality control, resulting in 36-70 percent wage increases, creating 5-10 new full-time positions over the next two years and allowing the company to improve performance and sales.
  • Montefiore Medical Center, a hospital located in the Norwood section of the Bronx. The Medical Center will re-train 35 employees who have been injured on the job for new positions in data entry, customer service, patient care and billing, allowing them to remain employed at the Center, reducing long-term disability claims and leading to 7-23 percent wage increases.
  • Soundwriters, Inc., a video language service provider based in Long Island City, that specializes in closed captioning, transcription, translation, subtitling and duplication services for the film and television industry. The expansion of the industry in New York City will allow Soundwriters to add 18 new positions, whom they will train in editing, transcription, sales and business development.

To date, New York City has awarded over $2.3 million to 25 growing companies to train 1,458 New Yorkers, matched by $3.2 million in employer contributions. Expanded funding for the program has been allocated by the City’s Commission for Economic Opportunity. The deadline for applying for the next round of funding for customized training grants is March 28.

Up to $1 million is available for employers in the aviation, construction, film/media, financial services, healthcare/bioscience, hospitality/tourism, industrial/manufacturing, retail and technology sectors.  The grant can fund up to 50 percent of eligible training costs, with a $300,000 maximum and the employer paying the balance. Awardees are selected based on their ability to create and retain jobs, provide entry-level and incumbent workers with career advancement opportunities and increase wages. To increase the ability of New York City businesses to find and keep qualified workers, in addition to occupational training, the grant will now fund Work Readiness Training, which includes adult literacy and numeracy (reading and math), English as a Second Language (ESL), and workplace behavior skills. 

Businesses can apply for the grant online at www.nyc.gov/training or receive an application by calling 311 and asking for “NYC Business Solutions Training.”

Information sessions about the application process will be held on March 7 from 9:30-11 am and from 1:30-3:00 pm at 110 William Street, 7th floor, Manhattan. To register, email training@sbs.nyc.gov and specify the morning or afternoon session.



  CONTACT:
Kara Alaimo
212-513-6318