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Funding

Whether you're looking for startup capital or considering a loan to finance the expansion of your business, a variety of opportunities are available.

Youth Transitions to Work

Deadline

Deadline:

November 10, 2022

The mission of the Youth Transitions to Work (YTTW) program is to recruit, screen, and facilitate effective transitions of high school juniors, seniors, and Out of School Youth (ages 16-24) to high-skill, high-wage employment in labor demand occupations.

Funded programs are expected to increase the number of high school graduates entering USDOL Registered Apprenticeship programs in New Jersey by establishing YTTW programs in new apprenticeship occupations or industries, link secondary education and higher educational institutions to existing USDOL apprenticeship programs, and reactivate registered programs not currently in use.

Start Date:

October 7, 2022

Eligibility

  • The funding opportunity is limited to only grantees who received funding in FY21
  • Eligible businesses must be developing, new, or building upon existing Registered Apprenticeship programs
  • Any employer, trade associations, labor organization, or others with programs supporting the industries in which they work

Benefits

Eligible applicants can apply for funding up to $8,500 per participant for personnel expenses, costs associated with the pre-apprenticeship training, and other expenses such as development of marketing/promotional materials, costs to prepare articulation agreements with higher education institutions, curriculum development, support services, and aptitude testing.

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