Getting involved in this program can bring tremendous benefits to your business. You'll not only help justice-involved youth and young adults gain essential work skills through paid experiences, but you'll also have access to wage subsidies that can significantly offset your labor costs. By committing to this initiative, you're not just demonstrating a dedication to community engagement; you're also tapping into a new pool of skilled workers who are eager to contribute and grow.

Participating in this program means your business can play a pivotal role in supporting leadership development and mentorship. These components enrich the work environment and foster a positive company culture. Plus, there’s a substantial funding pool of approximately $85 million available, which can help ease the hiring process and effectively support a more equitable job market.

This opportunity positions you as a leader in your community, connecting you with resources that enhance your workforce while making a meaningful impact. It's an easy and effective way to contribute to social equity while benefiting your company at the same time.

Type of Financing
The program offers grants to support your business. Grants are a unique source of funding because you do not need to repay them. This means you can use the funds to help advance your business without worrying about paying it back later.

Repayment Terms and Interest Rates
Since these are grants, there are no repayment terms or interest rates involved. Your funding is awarded based on eligibility and the application process, so you can focus on using the money for growth rather than worrying about repayment.

Eligible Expenses
Eligible expenses include costs related to:

• Hiring and training justice-involved youth and young adults
• Providing paid work experiences
• Occupational education and training in high-demand fields
• Leadership development programs
• Mentorship initiatives

Ineligible Expenses
The funds cannot be used for:

• Administrative costs unrelated to the program
• Non-qualifying expenses or activities outside the scope of the program

Fees Associated with the Program
There are no fees to apply for or receive the grant. This means you can access the full amount awarded to you without any deductions or hidden costs.

• Location: Available across the country.
• Sectors: Open to all sectors.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.
• Minimum Employees: No minimum employees required.
• Maximum Employees: No maximum employees required.
• Minimum Company Revenue: No minimum revenue qualifications.
• Maximum Company Revenue: No maximum revenue qualifications.

Disqualifications:

• No disqualifying criteria mentioned.

This program provides a significant opportunity for your business to make an impact. With a total funding pool of approximately $85,000,000, it aims to support placements for justice-involved youth and young adults. By participating, you can help them gain valuable work skills through paid experiences and training in high-demand fields. This not only helps them build a better future but also creates a new pool of skilled workers for your business.

Your involvement can also lead to accessing funds for wage subsidies, allowing you to offset labor costs while mentoring young talents. This program emphasizes the importance of leadership development and mentorship, enriching the work experience and contributing to a positive workplace culture. While there are no specific caps on funding amounts, the support provided can significantly ease your hiring process and help foster a more equitable job market.

The goal is clear: to connect you with resources that can enhance your workforce while supporting social equity. By taking part in this initiative, you can position your business as a leader in community engagement, all while benefitting from the skills and dedication of these young individuals eager to contribute.