The Company Training Committee (CTC) Grant supports organizations in forming CTCs to develop and implement transformation plans that improve both worker skills and business performance. This initiative aims to foster a collaborative approach to workforce development.
Project Funding: The grant offers up to 70% funding support for qualifying project costs, helping organizations offset the expenses related to implementing their training and transformation plans.
Assessment Criteria: Funding is allocated based on the projected impact of the project on business transformation and worker outcomes, ensuring that the initiatives funded are those with the highest potential for positive change.