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FOR IMMEDIATE RELEASE
Wednesday, July 23, 2008


NYC Department of Small Business Services Announces Awarding of More than $900,000 in NYC Business Solutions Training Funds and Availability of Up to $1.5 Million to Help New York City Employers Train Their Workforces

Pre-applications are due on August 14 for funding from program that helps local businesses become more competitive by building the skills of their workforces, while giving New Yorkers skills to support lifetimes of employment

The New York City Department of Small Business Services today announced the awarding of more than $900,000 in NYC Business Solutions Training Funds to help eight local employers train their employees, and the availability of applications for an additional $1.5 million in Training Funds which will be awarded to New York City businesses.

Today's awards of $920,002 will be matched by employer contributions of $826,820 in order to train 563 New Yorkers, boosting the competitiveness of local businesses while resulting in 80 new hires and projected wage increases for 495 New Yorkers.

“The majority of the New Yorkers who will receive training as a result of NYC Business Solutions Training Funds are currently making less than $15 per hour,” said Robert W. Walsh, Commissioner of the New York City Department of Small Business Services. “In addition to raising the salaries and skill sets of these trainees, this funding will also boost the competitiveness of local businesses by increasing employee productivity, which can result in decreased costs, decreased waste and improved customer service.”

Pre-applications are currently available for $1.5 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 August 14, 2008. NYC Business Solutions Training Funds provides up to $400,000 to cover up to 60-70 percent of the eligible costs of training employees.

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

Today's NYC Business Solutions Training Funds were awarded to:

American Conveyor, a Ridgewood, Queens-based builder of conveyor systems, which will use a $43,123 Training Funds award, matched by a $40,670 employer contribution, to train 28 employees in manufacturing, repair and maintenance techniques.  The program is projected to result in 3 new hires and average wage increases of 4 percent for 15 current employees.

Carol’s Daughter Holdings LLC, a Brooklyn-based, minority-owned manufacturer of natural beauty products, which will use a $53,900 Training Funds award, matched by a $30,910 employer contribution, to train 17 employees in supply chain management, lean enterprise, and inventory control.  The program is projected to result in average wage increases of 3.5 percent for all trainees.

Colonial Glass Solutions, a Brooklyn-based glass manufacturer and distributor, which will use a $74,500 Training Funds award, matched by a $65,304 employer contribution, to train 66 employees in Enterprise Resource Planning and supply chain management strategies.  The program is projected to result in 11 new hires and average wage increases of 12 percent for 46 current employees.

Duane Reade, a Manhattan-based drugstore chain, which will use a $165,555 Training Funds award, matched by a $138,375 employer contribution, to train 100 employees to become certified pharmacy technicians.  The program is projected to result in average wage increases of 29% percent for 76 trainees.

Merchants Hospitality Inc., a Manhattan-based restaurant management and consulting company, which will use a $152,547 Training Funds award, matched by a $99,416 employer contribution, to train 76 employees in English as a Second Language, literacy, customer service, and waste reduction techniques.  The program is projected to result in 52 new hires and average wage increases of 29 percent for 24 current employees.

NYU Langone Medical Center, a Manhattan-based academic medical center, which will use a $325,235 Training Funds award, matched by a $381,428 employer contribution, to train 184 employees in phlebotomy, electrocardiograms, and other health-care related skills.  The program is projected to result in 14 new hires and average wage increases of 8 percent for 141 current employees.

Wei, Wei & Co., LLP, a Flushing, Queens-based accounting firm, which will use a $67,575 Training Funds award, matched by a $39,062 employer contribution, to train 55 employees in accounting and Quickbooks.  The program is projected to result in average wage increases of 8 percent for all trainees.

Wonton Foods Corporation, a Brooklyn-based manufacturer of Asian foods, which will use a $37,568 Training Funds award, matched by a $31,655 employer contribution, to train 37 employees in computer programming, purchasing, business English, and lean manufacturing.  The program is projected to result in average wage increases of 5 percent for all trainees.

Information sessions about the application process will be held on August 5 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 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. Reimbursement for training and wage gains are contingent upon trainees’ successful completion of the program.

In July 2007, the Department of Small Business Services added work readiness (such as literacy, numeracy and English as a Second Language) training to the types of trainingeligible under the program, as a result of expanded funding allocated by the City's Center for Economic Opportunity.

Since 2005, New York City has awarded more than $5.6 million to 51 companies to train nearly 3,700 workers, matched by more than $7.3 million in employer contributions.



  Contact:
Stu Loeser / Andrew Brent (212) 788-2958
Kara Alaimo (SBS) (212) 513-6318
 

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