Business View Magazine - December 2024

(HUD).“These federal funds can be used for a variety of community development purposes, including education and job-training programs.” Nonprofit and foundation support: Owens suggests that local governments consider partnering with foundations. “Agencies should collaborate with nonprofit organizations and foundations that focus on education and workforce development.They may offer grants or funding opportunities.” Corporate social responsibility (CSR): Agencies may want to investigate engaging with corporations that have CSR programs focused on education and workforce development. Through these programs, governments can seek financial or resource contributions that can aid in workforce development. Workforce development boards: Owens urges agencies to engage with workforce boards in their community. He suggests: “Work with local workforce development boards to identify funding opportunities and align IT training programs with regional workforce needs.” GOVERNMENT INITIATIVES AND PROGRAMS Agencies should consider participating in national initiatives. “Engage in national initiatives like the TechHire program, which aims to expand local tech sectors and provide training for tech jobs,” Owens says. Utilize apprenticeship programs: Advice from Owens to local governments: “Leverage governmentsupported apprenticeship programs that offer funding for training in IT and other high-demand fields.” Owens says that the recent elections and the upcoming change in federal leadership have led to a pause in the creation of new federal IT education and training grants programs. “Once the new administration is in place, we anticipate the emergence of new funding opportunities. Please keep an eye on CompTIA’s funding landing page for upcoming funding opportunities.” that have a vested interest in developing a skilled workforce. These companies may provide funding, resources, or expertise.” Industry sponsorships: Owens suggests that agencies seek sponsorships from local businesses and industry leaders who can benefit from a welltrained IT workforce. Community development block grants (CDBG): Owens urges agencies to utilize CDBG funds, a federally funded grant program, which is administered by the U.S. Department of Housing and Urban Development 14 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 12

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