Florida’s Quick Response Training Grant Program

Florida’s Quick Response Training Grant Program Senate Transportation, Tourism and Economic Development Appropriations Subcommittee President/CEO Chris Hart IV March 4, 2015

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Transcript of Florida’s Quick Response Training Grant Program

Florida’s Quick Response Training Grant Program

Senate Transportation, Tourism and Economic Development Appropriations Subcommittee

President/CEO Chris Hart IV

March 4, 2015

Page 2: Florida’s Quick Response Training Grant Program

Florida’s Quick Response Training (QRT)• Demand-driven, flexible program provides performance-based

grants for customized training to new or expanding businesses (10+ employees)

• Helps create high-skill, high-wage jobs in state industries targeted for economic growth and diversification

• Reimbursable expenses include curriculum development; equipment; instructors’/trainers’ salaries/tuition; online training and textbooks/manuals

• QRT trainees’ wages increase 35 percent, on average, a year after training

Page 3: Florida’s Quick Response Training Grant Program

Quick Response Training Awards

FY 2013-14 Contracts: 42 (99 businesses)

• Awards: $12 million under contract• Projected Trainees: 10,066

Workers Trained by Industry Sector

Page 4: Florida’s Quick Response Training Grant Program

Quick Response Training Project Examples

Grant: $176,000Industry Sector: Finance and InsuranceCompany Location: DuvalProjected Trainees: 125 new employees

Grant: $486,000Industry Sector: Information TechnologyCompany Location: PinellasProjected Trainees: 800 employees (100 newly hired and 700 retained)

Grant: $1.6 millionIndustry Sector: Professional, Scientific and Technical ServicesCompany Location: SeminoleProjected Trainees: 750 new employees

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Florida’s Quick Response Training Grant Program

Presentations & Public Speaking

Transcript of Florida’s Quick Response Training Grant Program