Cuomo Announces $18 Million Initiative for Entrepreneurs in NY State
Training for Workers and Support Entrepreneurs During and After the COVID-19 Pandemic
Federal Grant Will Be Used to Fund Educational Opportunities that Train New Yorkers for In-Demand Jobs, Support Entrepreneurs, and Help Small Businesses Recover
New York Was One of Only Eight States in the Nation to Receive a Grant and Was Awarded the Most Funding of All States
Governor Andrew M. Cuomo announced that New York State has been awarded an $18 million federal grant to fund educational opportunities that train New Yorkers for in-demand jobs, support entrepreneurs, and help small businesses recover from the coronavirus pandemic. New York was one of just eight states to receive the funding – made available through the CARES Act – and received the most of any state that was awarded a grant.
“The coronavirus pandemic is far from over, and as we continue to fight against this deadly virus, we must also respond to the economic devastation it has caused. With millions of Americans out of work, we must use every resource available to train New Yorkers to compete – and succeed – in this difficult economic situation,” Governor Andrew Cuomo said. “Our workforce is the bedrock of our economy, and I know that this funding will help bridge the gap between education and industry, allowing us to build back better by uplifting both individuals looking for jobs and small businesses across the state.”
“We are making success accessible ensuring New Yorkers have the training and skills they need to seek new jobs and opportunities as we continue to battle this pandemic,” said Lieutenant Governor Kathy Hochul. “Our ongoing workforce development initiative is supporting efforts to improve the economic security of women, youth and other groups that face significant barriers by making job placement more inclusive and leaving no New Yorker behind. We are sending a clear message to New Yorkers that they will have the training and skills they need to succeed as we build back better, smarter and stronger for the future.”
The New York State Department of Labor will partner with the Office of Workforce Development, Empire State Development, New York’s ten Regional Economic Development Councils, the State University of New York, and the City University of New York to allocate the federal grant funding on programs that support New York’s continued economic recovery.
Educational programs will focus on developing the skills needed to succeed in emerging growth industries like tech, logistics, and advanced manufacturing, and supporting entrepreneurs. New York’s multi-pronged approach will include four elements:
1) Education for Hard-Hit NYC: In New York City, which was among the worst-hit COVID-19 communities, the CUNY system will assist in training residents with the digital skills needed for in-demand sectors such as data analytics, cybersecurity, advanced logistics/supply chain, digital marketing and communications, and software development.
2) “Stay Near, Go Far” at SUNY: At 30 community colleges across the State, SUNY will leverage its existing “Stay Near, Go Far” initiative to train New Yorkers in high growth industries, including technology, healthcare, and advanced manufacturing, and provide them with the entrepreneurial skills needed to open their own businesses.
3) Entrepreneurship Boot Camps: Building on its existing resources, Empire State Development will host a series of intensive workshops and boot camps to train entrepreneurs and small business owners on how to run their own business during – and after – the pandemic.
4) Industry Focus, Regional Results: The Department of Labor will issue a competitive Request for Proposals and work with New York State’s ten Regional Economic Development Councils to identify industry-driven programs that either train job seekers to meet current local employment needs or are designed to address future economic and workforce development needs.