Gov. Rick Snyder is asking state lawmakers to increase funding for the popular Skilled Trades Training Fund program as part of his budget for the 2017 fiscal year.
Now in its third year, the STTF resulted in more than 2,900 jobs created and 6,400 jobs retained last year, according to the state. Snyder is asking for an additional $10 million, bringing the total program funding to $35.6 million since its inception.
The STTF is a competitive grant program allowing employers to apply for funds to train existing or new employees for hard-to-fill vacancies.
“The lack of the right kind of skill set is one of the biggest challenges we face as we want to grow the economy in Michigan,” said Stephanie Comai, director of the Michigan Talent Investment Agency, which oversees the program. The STTF “is one of the most effective tools we have to provide Michigan’s employers and workers with the opportunity to up-skill.”
A new funding year begins at the start of the fiscal year on Oct. 1, and Comai said the program is typically full within a couple months.