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.