Greater Newark Workforce Funders Collaborative Joins the National Fund for Workforce Solutions Network to Benefit Low-Skilled Workers in Northern New Jersey

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    July 19, 2011 12:50 UTC

    Greater Newark Workforce Funders Collaborative Joins the National
    Fund for Workforce Solutions Network to Benefit Low-Skilled Workers in
    Northern New Jersey

    NEWARK, N.J.–(BUSINESS WIRE)–
    The National Fund for Workforce Solutions (NFWS) today announced that it
    has selected the Greater Newark Workforce Funders Collaborative to join
    its network of 31 collaboratives designed to provide innovative job
    training and career advancement for workers nationwide while helping
    businesses grow.

    The National Fund for Workforce Solutions? grant of $450,000 over three
    years will be combined with local funder contributions for a total of
    more than $1.8 million to develop employer-driven workforce
    partnerships. These partnerships will provide skilled workers for
    businesses in growth industries and training that leads to career paths
    for adults who need sustainable careers.

    ?In this model, employers have an opportunity to invest in the
    development of human capital that drives innovation in business and
    provides long-term career advancement,? said Fred Dedrick, executive
    director of the National Fund for Workforce Solutions. ?There is great
    momentum in northern New Jersey to create sustainable workforce
    solutions that benefit both local businesses and low-income workers in
    key industries, and thereby serve as an economic engine to the region.
    We think this grant will greatly help build workforce partnerships that
    support revitalization in a post-recession economy.?

    The Collaborative?s local funders include The Prudential Foundation, the
    Newark Alliance, the Bergen County Workforce Investment Board (WIB) and
    One-Stop Career Centers, the Garfield Foundation, Goldman Sachs, the
    Hudson County WIB and One-Stop Career Centers, JP Morgan Chase, the
    Kessler Foundation, the Newark WIB and One-Stop Career Centers, the
    Nicholson Foundation, PNC Bank, United Way of Essex and West Hudson, and
    the Walmart Foundation.

    ?With its high concentration of health-care companies and one of the
    country?s most sophisticated transportation systems, New Jersey is
    uniquely positioned to offer opportunities for skilled workers,? said
    Sharon C. Taylor, Prudential senior vice president human resources and
    chairman of The Prudential Foundation. ?The Greater Newark Workforce
    Funders Collaborative is looking to develop job-specific training
    initially for people in these industries because we think doing so will
    mean success for both workers and businesses in northern New Jersey.?

    The Greater Newark Workforce Funders Collaborative expects to create its
    first workforce partnership ? a dedicated commitment between training
    providers and the businesses that agree to hire training participants ?
    by October 2011.

    The Collaborative is managed by the Newark Alliance, which was founded
    as a non-profit in 1999 by leaders from major New Jersey corporations,
    higher education institutions and non-profits to make Newark a better,
    safer place to work, live, learn, play and do business. The
    Collaborative is part of a continuum that began with the Newark
    Alliance-led OpportunityNewark, which identified leading
    industries, demand occupations and supportive infrastructure to make it
    easier to do business. It led to the $5.1 million North Jersey Partners
    Workforce Innovation in Regional Economic Development (WIRED) grant,
    which implemented workforce development innovations in eight northern NJ
    counties, trained more than 3,000 incumbent and unemployed workers and
    developed 22 training and education products. It culminated in the
    Regional Employment Development Initiative (REDI) grant, a three-year
    partnership between the Newark Alliance, the Workforce Investment Boards
    (WIB) and the One-Stop Career Centers to create sector-specific
    statewide Talent Networks.

    About National Fund for Workforce Solutions

    The National Fund for Workforce Solutions is an award-winning national
    initiative focused on helping low-wage workers obtain good careers while
    at the same time ensuring that employers have access to workers with the
    high-quality skills that will enable them to succeed in this highly
    competitive economy. Since 2008, the National Fund has raised nearly $24
    million to support its work in 31 communities. Local funders in these
    communities have contributed an additional $104 million in
    locally-raised resources from 216 different funding sources, including
    community foundations, United Ways, corporate foundations, workforce
    investment boards, chambers of commerce and state agencies. Each of
    these communities has created local funding collaboratives that have
    collectively invested in more than 100 sectoral workforce partnerships
    since 2007. Ten national funders lead the effort: Annie E. Casey
    Foundation; the California Endowment; Ford Foundation; John S. and James
    L. Knight Foundation; Chase; Microsoft; The Harry and Jeanette Weinberg
    Foundation; The Hitachi Foundation; the Prudential Foundation; and the
    Walmart Foundation.

    About the Greater Newark Workforce Funders Collaborative

    The Greater Newark Workforce Funders Collaborative is the only regional
    collaborative of workforce investors in New Jersey and the 31st
    collaborative to join the award-winning National Fund for Workforce
    Solutions network of innovative workforce solutions across the country.
    The Greater Newark Workforce Funders Collaborative seeks to link and
    leverage public and private dollars as it taps business, civic, and
    philanthropic stakeholders to develop a sustainable workforce pipeline
    that advances low-skilled workers in northern New Jersey and enables the
    businesses that hire them. The Collaborative?s funders include The
    Prudential Foundation, the Newark Alliance, the Bergen County Workforce
    Investment Board (WIB) and One-Stop Career Centers, the Garfield
    Foundation, Goldman Sachs, the Hudson County WIB and One-Stop Career
    Centers, JP Morgan Chase, the Kessler Foundation, the Newark WIB and
    One-Stop Career Centers, the Nicholson Foundation, PNC Bank, United Way
    of Essex and West Hudson, and the Walmart Foundation. For more
    information about the Collaborative, contact Regina Barboza, the Greater
    Newark Workforce Funders Collaborative Program Officer, at rbarboza@newark-alliance.org
    or (973) 596-6400, ext. 203.

    Contacts

    Greater Newark Workforce Funders Collaborative
    Regina
    Barboza, 973-596-6400, ext. 203
    rbarboza@newark-alliance.org

    Source: Greater Newark Workforce Funders Collaborative