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Press Release

FOR IMMEDIATE RELEASE
Tuesday, May 29, 2007


NYC DEPT. SMALL BUSINESS SERVICES ANNOUNCES AVAILABILITY OF UP TO $1 MILLION TO HELP LOCAL EMPLOYERS TRAIN THEIR WORKFORCE

The New York City Department of Small Business Services today announced that applications are currently available for up to $1 million in grants to help local businesses train their employees, and must be submitted by June 22.

"This is an incredible opportunity for local businesses to partner with us to give employees the skills necessary to advance on the job," said Rob Walsh, Commissioner of the New York City Department of Small Business Services. "Through these grants, we are not only supporting well-paying jobs for New Yorkers, but also ensuring that our City retains our competitive edge by meeting the hiring needs of businesses."

Businesses can download the grant application online at www.nyc.gov/training or learn more about the training grant program by calling 311 and asking for "NYC Business Solutions Training."

Information sessions about the application process will be held on June 1 from 9:30-11:00 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.

The grants are administered by the Workforce Development Corporation, a non-profit organization under contract with the City’s Economic Development Corporation. Up to $1 million is available for employers in the aviation, construction, 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 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 $2.6 million to 30 growing companies to train more than 1,800 New Yorkers, matched by $3.7 million in employer contributions.



  CONTACT:
Kara Alaimo
212-513-6318