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HB21-1264 Stimulus Funding

Author: rebecca.mcghee / Date:
https://cwdc.colorado.gov/hb21-1264 HB21-1264 Funds Workforce Development Increase Worker Skills was signed by Governor Polis on June 23. The bill will provide $75 million for reskilling, upskilling, and next-skilling opportunities for Coloradans that lead to industry-recognized credentials and get people working in growing industries. The execution of this legislation will build on the data in the Talent Pipeline Report and work to achieve the overarching goals of the state and local areas to support Coloradans. For an overview of HB21-1264 and the workforce stimulus funding, watch this 4-minute video.Current Opportunities Apply by Sept. 3: HB21-1264 Upskilling, Reskilling, and Next-Skilling Workers Grant $2.25 million in grant funding is now available to eligible entities through a competitive application process. These funds are intended to support up to 1,200 individuals to earn an industry-recognized credential during the grant period. The following entities that have a partnership with local workforce centers are eligible to apply for these grant funds: Community-based nonprofit organizations Sector partnerships Local governments Institutions of higher education Applications are due by September 3. Learn more about the grant and application process, and apply via the CWDC technical assistance portal. The CWDC will also host a voluntary informational webinar about the grant opportunity and application process on August 11 at 1:30 p.m. Register for the webinar. Stakeholder Input on HB21-1264 Statewide Initiatives Within the funds made available through HB21-1264, $13.3M will be allocated for statewide initiatives through the CWDC. Please share your input on priorities for how we support businesses and workers through the statewide initiatives by completing this short survey.

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