Iowa Economic Development Authority issued the following announcement on April 28.
The Iowa Economic Development Authority (IEDA) announced $1.2 million in new funding awarded to employers and high schools statewide to expand registered apprenticeship programs. Registered Apprenticeships prepare workers for high-demand jobs through on-the-job learning and help the state’s employers grow a highly skilled workforce.
The IEDA provided 54 awards through the Registered Apprenticeship Development Program (15C). Funding to help start new registered apprenticeship programs was part of the Future Ready Iowa Act, which Gov. Reynolds signed into law in January 2018.
“The opportunity to earn and learn with this program benefits both job seekers and employers alike across industries by providing a strong foundation to learn while also filling the skills gaps in our workforce,” said Gov. Reynolds. “Registered Apprenticeships are one way that Iowa will achieve its Future Ready Iowa goal of growing a skilled workforce by connecting more Iowans to the education and training needed for rewarding, high-demand careers.”
The Registered Apprenticeship Development Program provides $1 million in grants per fiscal year for organizations that develop a Registered Apprenticeship program in a high-demand industry, such as information technology, advanced manufacturing and finance. Funds carried over from the previous fiscal year account for the current award amount.
Eligible organizations can receive up to $25,000 for a program, or up to $50,000 for multiple programs. The funding is in addition to $3 million made available annually through the Iowa Apprenticeship Act (15B), which helps offset training costs for Registered Apprenticeships.
Iowa is nationally recognized for investing in Registered Apprenticeships, with 780 programs and nearly 7,800 registered apprentices. Awards include high school programs with Registered Apprenticeship that allow students to connect their interests to a career path.
Information about Registered Apprenticeships in Iowa is available at www.earnandlearniowa.gov. The website serves the needs of both job seekers and employers.
http://www.iowaeda.com/UserDocs/news/apprenticeship-fund04292020.pdf
Original source can be found here.
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