This program offers grants between $700,000 to $1.5 million to empower organizations like yours in providing vital pre-apprenticeship services. By participating, you're not just receiving funding; you’ll help shape the futures of young adults aged 16 to 24 by offering them skills training, education, and employment opportunities. Your role will be crucial in addressing community challenges through wrap-around support services such as mentoring and personal counseling, paving the way for meaningful careers in infrastructure and other high-demand sectors.

Applying for this grant can significantly benefit your business. The 40-month performance period allows ample time for your organization to implement and evaluate strategies effectively. Additionally, the funding will enable you to expand your community impact while ensuring your financial stability. Remember, while a 25% match is required, the potential to transform lives and strengthen your workforce makes this investment worthwhile. This is an excellent chance to align your business goals with community needs.

Type of Financing
This program offers grants to organizations providing pre-apprenticeship services. These grants range from $700,000 to $1.5 million per project.

Repayment Terms and Fees
There are no repayment terms since these are grants, which means you won't need to pay back the funds. Also, there are no associated fees for participating in the program.

Eligible Expenses and Restrictions
Funds can be used for a variety of expenses related to education, occupational skills training, and employment services. However, the funds cannot be used for federal funding sources, and the organization must provide a 25% match from other sources, unless they are a Tribal entity or located in U.S. insular areas, which may receive a waiver for this requirement. Always ensure to use these funds wisely to support opportunity youth in your community.

• Eligible Business Types:

  • Public or private non-profit agencies or organizations
  • Consortia of agencies or organizations
  • Rural, urban, or Native American/Tribal entities

• Experience Requirements:

  • Must have previously served opportunity youth in a YouthBuild or similar program

• Age of Participants:

  • Services must target opportunity youth aged 16 to 24

• Key Components:

  • Must include construction skills training
  • May include occupational skills training in other in-demand industries

• Funding Requirement:

  • Must provide a 25% match from non-federal funding sources (with exceptions for Tribal entities and U.S. insular areas)

• Geographic Availability:

  • Available across the country

• Legal Structure:

  • All legal structures are applicable

• Profit Structure:

  • All profit structures are applicable

• Employee and Revenue Requirements:

  • No minimum or maximum employee count required
  • No minimum or maximum revenue qualifications

No disqualifying factors were mentioned in the context provided.

This program grants $700,000 to $1.5 million to businesses like yours, focusing on providing pre-apprenticeship services to young adults. This funding can be used for skills training, education, and employment services tailored for opportunity youth aged 16 to 24. It’s not just about getting them jobs; it’s about helping them build meaningful careers, especially in infrastructure and other in-demand sectors.

Your organization will also play a vital role in offering wrap-around support services, including mentoring, personal counseling, and transportation assistance. This holistic approach can significantly boost the success of your program participants by addressing various challenges they may face.

Keep in mind that you would need to provide a 25% match of the grant amount from non-federal sources. Each grant has a performance period of 40 months, which allows ample time for planning and follow-up. This is a great chance for you to make a positive impact in your community while securing substantial funding for your business.