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The Self-Sufficiency Fund program assists businesses and trade unions by financing the development and implementation of customized job-training projects for new and current workers. Self-Sufficiency Fund grants deliver businesses customized training solutions that support workforce hiring efforts and skills upgrading for current workers. The purpose of the Self-Sufficiency Fund is to provide training for targeted employment opportunities, primarily for adult Temporary Assistance for Needy Families recipients as well as those individuals at risk of becoming dependent on public assistance.
The Self-Sufficiency Fund provides grants for customized training programs. The training helps develop motivated and skilled candidates for businesses seeking qualified employees. Grants pay for training programs customized to meet the expressed needs of business partners.
Self-Sufficiency Fund business partners:
To be considered for a grant, the private for-profit business, private nonprofit hospital, business consortium or trade union must:
The goal is that 85 percent of trainees will be hired and continue to work for at least 90 days after the completion of training.
Grant costs may include curriculum development, instructor fees and training materials, and certain work-related expenses for the trainees. Grants are typically for 12 months. Contracts that include one business partner may be limited to a maximum of $500,000.
Quality training projects will match business needs with innovative training solutions. Collaboration between businesses, Workforce Development Boards and training partners is essential for project success. Funding criteria may include:
In addition to identifying your training needs and the number of employees to be trained, you must provide information about your business. The specific items required from the participating employers are identified in the Private Partner Information form below. This form is a required component of a complete proposal submission.
TWC Workforce Business Services Outreach & Customer Support Team