Funded Initiatives
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Product Name
Finger Lakes Wired Scholarship Program
Project Description
Through the Scholarship program businesses in the nine-county Finger Lakes Region are eligible to upgrade the skills of their workforce in order to meet the demands of emerging industries. Emerging Industries are defined as Advanced Manufacturing, Alternative Energy, Bio/Life Sciences, Business Services, Engineering, Food & Agriculture, Health Care (including not-for-profit Health Care organizations), Information Technology, and Optics/Imaging.
Businesses in targeted emerging industries are eligible to apply for up to $25,000 in training funds to 1) Develop management competencies of mid - senior level Managers, 2) Develop technical /occupational skill competencies of their employed workers or 3) Implement process or productivity improvement initiatives (such as Lean, ISO, Six Sigma, Sarbanes Oxley, etc).
Training through the program should lead to the acquisition of industry-recognized certifications/credentials, supervisory and managerial skills training, process/productivity improvement, and/or in-demand technical and occupational skills.
Outcome from Using the Product
Project outcomes include:
- Upgraded technical and employability skills making businesses more competitive in local, national, global marketplace.
- Upgraded skills of individuals enhancing upward mobility as well as improved transferable skills across the workplace.
Updated 12.09
Updated 1.10
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“We expect the impact (from trianing through Wired) to be a revitalization of the local economy, a retraining of our workforce to take advantage of new employment opportunities, new sectors such as clean technology and green technology. And I think a revitalized small business community that basically can provide a source for many of the new jobs to be created in this economy over the next few years.” Dr.William Destler, President Rochester Institute of Technology
Strategic Outcomes
To be supported by Finger Lakes Wired initiatives
- Increase job growth relative to national average
- Increase average wages relative to national average
- Increase retention of 20-34 age workers
- Adoption of a regional identity resulting in collaborative networking and communication in support of regional economic strategies
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